The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-01-18
PRICE TWO CENTS

over so 900
The plan for an enlarged supply of water from Jones
mas engaged the unremttng attention of the Board
me work now in progress comprises
l. storage lake of superficial area of 40 acres to be
FORMED ny the construction OF dam Jones' Falls
The Relay House, on the Northern Central Railroad.
An aqueduet along the slopes of Jones' Falls valley
distance OF four miles, to elevated point about two
miles from the CITY
Two distributing reservoirs ,t diGarar+ oIovot;o,,
nor hlS or low seryce at the terminus of auueduct
and
4. A line of pipes to connect the distributing
reservoir, with the present system laid down in the
city.
In April 1885 contracts made for the graduation
OF the most difficult portions of the aIueduct line com
pflsg three long tunnels In June following contracts
were made for the remainder OF the graduation and all
The stone masonry of the aqueduct In August 900 OOO
OF bricks required in the construction of the conduit and
In September the graduation and masonry of the dam and
one distributing reservoir, with their necessary gate
houses, were placed in the hands of contractors.
On the 3rd inst provision made the iron pipe
Tor connecting the reservoir with the city leaving moth
ing outstanding but the contract for clearing grubbnp
and excavation, at the site of the lake.
The main distributing reservoir having Il head of 90
feet above tide will render expedient in order to
tect Mr. Shades plan, hat additional reservoir at
lower elevation should be provided during the progress
of the work.
The work under these various contracts has
with more vIgor than had been anticipated Two of the
three long tunnels respectively 1G0O TO 200 feet in
lehgtnl were eXcaTated in seven months after they
were commenced The remaining tunnel 5000 feet in
lengthy will be completed in months from the date of
its commencement. =
There have been excavated in the eight months one
mile nea of tunnel drifts leaving at points less than
1000 feet to complete the whole line.
The construction of the conduit was commenced in the
latter part OF September Up to the second instant
third OF mile in length, twelfth of the conduit
had been completed As this work can 90 on in the
nels during the winter it expected that the whole line
OF the conduit will be brought to close during the
sent year
With no unforeseen accident the reservoir nav ho ,,s
urged to completion within the period but this cal
Is Dased upon astae of facts which it would
hardly be safe to assume.
The masonry of the will be entered upon as
40 tho oPenins Of tile opring justify commence
line may be terminated in the Spring Autumn of 1860
The Commissioners of Finance have placed in the hands
Oh the Board during the year applicable to the works.
Water >tock amounting to.......... . ., 1925 CTS 10
= Which has been expended as follows:
For real estate and water rights
including Jurors, Sheriff and
legaI ices. $174 ,3O1.l5
Construction of new work . 1876 951 so
Discount on sale of Water Stock .. 10 456 ~
incidental expenses, including
clerk'S salary ry........... 959
Baancein City Registers hands for
use of Water Board..... -. 43,7O5s2
- 1925 SIS 10
The total expenditures account of the water works
under the supervision of the BOARD exclusive of the
4S1sl. ''"A' Vi Si'''''
The completion of the water works will add great
10 the comfort OF our citizens besides giving enhanced
value to property in districts where the sunnIv of
water has been heretofore limited wholly cut off The
issue OF bonds for the purchase of the works and
Of
003 Isl 9O-100. - -
1t will be gratifying also to know THAT the annual re-
ceiPs rom water rents amount to Sl37 1877 being more
than the interest upon the entire investment mn 10 This
lime reviewing the city from any burden on this account
The indications at present point to the belief that
works will be selfsustainng and the establishment of
proper sinking fund required by the existing law will
OF this Improvement. o WV
The great interest felt in the operations of the Board
mas induced me to make this detailed statement with n
view TO proper understanding of the plan and the
cess which has attended the progress of the work p to
the present time 1t with satisfaction recur to
the fact that in the midst of the heavy
10 e pad IN cash. the bonds placed the disposal
OF the Board in the prosecution of the enternrise
kept out OF the hands OF contractors and with the
other securities of the city, Lave steadily advanced to
point within fraction of their full par value
Inc report OF the President and Directors of the Bat
more and Ohio Railroad Company, shows the gross earn
ngs of the Main Stem have been So ass 70 being
decrease of S60 5316, compared with the results of
per cent. ~ " '''
On the Washington Branch the gross earnings amount
ea TO $4o9 ~ " and the expenses to s2O2 1885,
On the North Western Virginia Branch the pross
1888, ,2527 N"7 ePenses
The fatering condition of the Baltimore and Ohio Rail
road company, as shown in the annual exhibit notwth
standing the ordeal through which II hos nassd
growing out OF the general depression in branches of
uade cannot be otherwise than gratifying There no
work to which the city looks with more interest and the
reason for this anxiety is sufficiently manifest when we
consider the extent to which she has become involved on
this account.
Experience in the practical working of our railroad
system especially in its relation to other and rival yo
satshes me that too much credit cannot be awarded to
those who, more than quarter of century ago marked
out the true line of policy for the protection of the trade
OF TINS CITY There three prominent lines of
nication contending with the Baltimore and Ohio Rail
road for the trade of the Westthe New York Central
New YORK and Erie, and Central Pennsylvauia Roads
Iese opposing interests the competition has been
herce and at times destructive The acceptance of the
re passed oy the LEGISLATURE of Virginia in 1S47 did
not sasiy our people The effort of this city hal been
from the earliest PERIOD to form her connection with the