New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-11

Increase. Sl676 20
The Cleveland papers state that the rails Of
the Cleveland Columbus and Cincinnati Railroad
are Jail laid down, with the exception OF about IL
miles between Cardington and Delaware, and that
ten days of favorable weather is all that is neces-
sary to complete this link. A sale Of the delin-
quent stock Of this railroad took place at Ceve-
land on the Both ult. which realized 50 to par,
averaging about sS per cent The amount sold
was $4,000
very favorable route has just been surveyed
for road from Rushville to Indianapolis. The
distance is 80 miles and the line nearly strait,
with no grades exceeding 80 feet.
The Cincinnati Gazette gives the annexed
abstract of the annual report Of the Trustees of
the Wabash and Erie Canal This great work Of
Internal Water Communication, is now com leted
between Toledo, Ohio, and Point Commerce, In.
thanksgiving a continuous line of Canal Of 352
miles-26s miles in the State of Indiana, and "a
miles in Ohio. The continuation Of the line from
Point Commerce to Evansville on the Ohio River,
distance of iii miles, is all under contract-an
effective force Of 1000 men has been employed
upon it the past season, and its final completion
in the fall of 1852 placed beyond doubt.
This great work, so soon TO be completed will
be 463l miles in length-the largest work of the
kind ever undertaken by any State of the Ameri.
can Union-the largest continuous artificial chan
mel of communication on the European or Ameri.
can continents. 1t passes through a country of
unriyalled productiveness in the substantial
articles Of human food, and capable of supplying
dense and active population.
From the annual Report of the Trustees to the
General Assembly of the State of Indiana, for
1850, we learn officially, that the canal was
opened between the State line and La Fayette
on the 18th Of March last and south Of that point
on the first of April. 1t was closed on the ssh Of
December, having been open for navigation POI
DAYS. From the State line TO Coal Creek, dis
lance Of SO miles, navigation was suspended dur
ing the season, less than tcO days, and the breach
which occasioned il was repaired at an expense Of
abouttw hundred dollars. Several large breaches
occurred on other divisions OF the canal but taking
the average cost per mile of the repairs given
during the last three years, it is less than any
similar canal in the country. Merchandise, pur-
chased in New York, was transported the past
season, to Teue Haute in twenty-five days.
The revenue Of the canal within the limits of
Indiana the past year. amounted to $751; 81,
being an increase OF S22 400 IS over the previous
year.
The work upon the unfinished portion of the
line was quite suspended for a time the last
season, by the prevalence of the cholera, and $50
laborers Tell victims 10 IT, The liabilities of the
Trustees for canal work, when the unfinished
divisions shall be completed, will amount to s777,
ls3 25. The final cost Of the 80 miles under con.
struction, as stated by J. L. Williams, the Chief
Engineer, will be S2,Ol2,O55 H. while the esti-
mated cost was 81 9lO37l.
We said the repair service on this canal was
less than on any similar work. From the Engi-
neers statement, it appears that the average cost
OF repairs per mile for the past three years on this
canal has been Slss-on the Ohio CANA the aver
age annual cost Of IS years was 1894 per mile
on the Miami and Erie canal and branches the
yearly average for Is years has been 1901 per
mile, and taking the entire system Of csnal navi.
CATION in New-lork for 80 years, the average an.
nual cost per mile has been S645.
The Trustees have sold, during the past wear,
Canal lands as follows In the Vincennes Dis.
trict, ,46s.22 acres, for s529s3 76 at the Land
0fice At Logansport 339s532 acres were sold. for
which so, 675 10 was received in cash and the
balance on credit And there was received for
lands sold east Of Tippecsnoe, the past wear, the
sum Of S3l, 500 II.
The value Of the Canal lands unsold. and the
amount due sales made, amounts. in the 40.
gregate, TO Sl,249,030 50.
TIE Report Of the Chief Engineer contains a
large amount Of valuable agricultural and com.
mercial information and statirtics. connected
with the region O. country through which this