The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1858-11-26

rhs Increased business Of the Dock 10 shown By
The soiiowtns comparison with last year
Received dockage. 50 3ts =
Received docssse. 1920 l.
...................... sz,,c2 Ie
Arrivals and departures ,ss,.-. ............. ae2
Arrivals and departures. ieS........-...... SOS
Ynr,es.a ......... 1GI
The increase 10 the business OF the year 10 very
marked, when We consider the financial crisis, the
partial failure Of the crsps, aud the reduction OF
she tolls.
The canal has been comparatively exempt from
disaster and Interruption; the principal Jobs 70.
fra.bst Of May. 1857. have ell been tinished-ard
She line IL 10 excellent condition.
The Presidents report says, 'in evidence OF the
Improved condition Of the line II may be mentions
Cd that On the opening Of the navigation TO Lynch
burg 10 $780, the new boats, which supplsnted the
old river boats, were only able 70 carry from % to
10 tons The average cargo o!tbe frst class boats
now IL 10 tons; not unfrequently cargo reaches
s3 tons. and sometimes ~ cons" With the In
creased business the canal, better boats with
more reliable masters and mora responsible ovO-
srs are introduced. There ii We boat yards on
ths canal fully occupied In building neT boats
and repairing old ones
Among the items " expenditure We nnd the
following:
Ls nchuurG balm 1852 ~
Lyuchburg feeder canal. ts4 3
The eI panses of this year aud those Of the
prsesdIog, have largely exceeded those Of any
previous year. BY reason OF lbs costly repairs rsn-
dsred necessary ny the fresaet Of May, lS57.-
The annual average expenses Tor the I've years
preceding the fiscal year Of 1857, amounted to
1lls.oel IS. Assuming Sl20, 900 a. ,he fair ordi
nary expenses Of each the present and past year,
shs frsshos cost si6s: $50 -.
To command the trade which legitimateiy be.
longs to the Canal, the tariff Of tolls was reduced
90 take effect on the the LIST JAY last; and WAS
further reduced after the amendment cs the tariff
Of the South Side Railroad. While this canai
Company has felt itself called upon thus to act In
reference to rival improvement, Ii has also had
regard both to mutual benefit and sense of
public duty, in cooperating. as 1t has done, with
the Virginia and Tennessee, and the East Tenpes-
Gee ard Virginia railroads. to draw the trade of
she Southwest to the Canal at Lynchburg. Thus
Tar she Company have hsd no reason 20 regret this
policy. The movement Of tom age has been large
steadily increasing, and renunerative for the ser
vice psri,rmed.
Jss Total receipts from Tonnage for Ia,7..lsIsA 3,
The total fecelits from tonnage fer .s5s IS
Ioesosse .::.........-..... ...."$2*os vs. 81
fhis increase tie Report says, '.sn:all AZ it may
-, compared with what We could Wish it to be,
FAUST BE- regarded a. both grstifving and enooura-
gins. II the board are not ni.ioform-d, the for
varding business, which, for time, was turned
FROM tho water line by the inducement OF the
railroad at CITY Point, fast returning to Its Tor
ner channel"
The Company 10 about to try the experiment OF
Iron bridges Instead Of wooden. A contract has
been entered into with Moseiey Co OF Ciucin.
natl, for these iron bridgss-and II 1t be fouad
Shat they answer the purpose, an important an.
nual saving will he made In this item Of expense
Touching tho work at Lynehburg, the Report
Gays:
The LyDchburs feeder canal /. nearly flushed
been ompleted and oons Ierable progress has besn
made In raising the Lynchhurg level"
In regard to the North River Improvement, up
eu which sboae seveaty Ave Ponitsnsisfy convicts
Aav taaAsa nrlA vo1 - rak in
nation:
''1he improvement on the North River being
o,mplsted 20 the mouth Of South River, distance
Line With ths visw Of eompis.ins il up 10 the town
q LsxingtSn which y Y hopea;. wiz BE- sse,m la
zion With the ccavicts; .hs extra expense Of Which
viii be met By ~ accommodation at Bank uron
Lexington, PAYABLE at twelve months frcrn the
original date Ct each contract.
improysmsnt during tho fiscal year has be. Sls,.
Ei48 The interest and sinking fund On the bonds
q the North River Navigation Company eaaran
teed By this COMPANY. have also been duly paid,
amcsntiug to S1s,0oo" =.
We learn from that portion Of the report which
covers the naished part Of the canal, that the
bridge, dame, and every portion Of the canal l. in
better repair, snd probably In better ing con
dition than Ut any former period-that notwith.
standing the drawbacks Of short crop, the re.
doctiOn Of tollson the canal aud general financial
embarrassment, the revenue from tolls at tho doc
and 90 the canal - larger, BY nearly IL per cent.
than the previous year.
Thus far the Enq.ir,r', condemnation. The re-
maipder Of the report, not noticed In the above,
10 devoted to the improvement of the Kaoawha.--
IL rccitss that the kauawhs Board hsd adopted =
resolution to borrow $soo,o0o, under the act OF
Feb. 10, 1885, for the part of the work especially
under their supervision. This resolution was at.
forwards suspended, TO await the iuvestisat Of
Nc. cnAs. ElLsr, who was employed by the Presi
dent, snder authority Of tho stockholders. at
their called meeting 10 April last, to examine the
Kanswha river, TO sss II his plan Of improvsm mt
BY reservoirs, could be applied to that river. Mr.
Eilsts report, not yet published, was submitted
asong With bis annual report, BY the President,
who compliments Il - a. able and Interesting do.
cumssf, which must mako deep impr ssson upon
shs stockholders.
Prior 70 the employment Of Mr.. Ellet, tho com
pauy had dstsrmiued TO 90 on with the work, IN.
der the plan proposed BY that able and experienc.
% Engineer, hr. Fisk, for clearing aud deepening
the channel OF the river. The introduction OF the
plan Of Mr. Eilet, suspended operations. His plan
mas already been referred to frequently in this
paper, and fs known to DO the accumulation Of
vast ysssrvoirs OF water, OF artificial lakes, by
dams across marrow vailies 10 the mountains. in
ofdof 20 deepen the channel Of the river In ann.
Dsr, by supplies drawn from those reservoirs
.1s. y hrst proposed his plan TO deepen the Ohio
river but bis reservoirs for that purpose were 10.
oassd In the mountsins Of Virginia. whose water.
anpty into the Ksnswhs. The deepening az mi.
Last named river IL the season of droueht ex
course would b ap inctdent Of the pssssgs OF the
supply for the Ohio The james River and K..
uswhs Company deemed II wiser to zee further
Into this plsn, before they moved, 10 ordx, If il
b approved, - sdspt their works to IT, and hence
AAs delay.
@Ths report Of the President. together with the
aeeonpsoyipg doeumsnts, we're cent 70 comuit-
~, who submitted . report aud resolutions,
which were adopted. The committee expressed
HsNvsti6casion at the Increased trade and reve-
nss Or the Dock and Canal. They commended the
1ssottoa OF the President aud Directors TO the
cause Of tbs improvement asd the Interests Of the
oonpAny; aud they indalIe the hope that 40
sssussd STATE Of psh.ie sentiment viii, It no die.
sast say, dsmss.4 The esssissien Of their inpor-
wiak sstsSsss " re vspsrt Of srr. ni,ss. saa
sbs anDrS{snsat = ~ Ksaswha, he eesnsaissss
4: s ss.'s /: 3: s s::s n. n
" g +. 3 ~ sIs... s. sas s:
81: .sss 49,: 1 ss.s T.
- q iis 4 =: .: Isss.sss, & q
) ] ! \ ~ :
- 49, n Aasz I ! $3.50 !