The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1860-11-08

Richmond and Yoyh Ktvsy Railvead.-Ths
sixth annual report Of the President OF this
Railroad Company, Alex. Dudley, Esq, to the
stockholders, furnishes all the req uisite infor.
nation as to the condition Of the company and
the progress Of the work. The temporary
track at West Point fs still In use, bat the en-
oankment on the main track II rapidly ap.
preaching completion, and IL IL confidently
believed that the trains will be RAINING per-
manently over the main track to the Pamun.
key wharves early in January next. The new
menced her regular trips In June last, was
purchased In view Of the absolute necessity of
establishing , permanent connection between
the road and Norfolk. and the intermediate
landings the Directory having been unsuc-
cessful in their exertions to procure such con.
nection BY arrangement with steamboat on n ;
ers and capitalists. Her cost, including every
thing, was S42,272 II. The necessity OF the
ndently believe that Il will meet with the ap.
probation Of the stockholders.
A passenger shed has been completed at the
Richmond depot and brick building, 4S by
64 feet, for reception rooms for passenger and
others awaiting the arrival and departure Of
trains, and for the of1ces Of the company is
now nearly completed. Station and freight
houses have been erected at Meadow, Dis
patch and Tunstall's Stations, and others viii
very coon be erected at Summit and Oohoke
and as soon A. the wharf on the Pamuukey
river shall be completed, 1t IL in coutempla-
tion to erect there large temporary freight and
passenger sheds.
Although The road is now In good running
order, considerable expenditure will be re-
CURED to place 1t In permanent and salts
bridge, an admirable structure, perfectly safe
and reliable, and capable Of sustaining any
tram that can be carried over it, ought never
theie:s, to be replaced, as soon as possible, by
one Of more durable material, either stone or
fren the costs Of which, IL In believed. will be
between sixty and seventy thousand dollars !;
the Chlckahominy trestling ought to be filled
In, an culverts erected Of either stone or brick
for the water way, the costs Of which. 1t is be-
lieved, In the absence of actual estimates. NAV
be put down at $4,000.
A permanent passenger and freight house
ought to be built at West Point within the
next ensuing year, and an engine house aud
workshop at either Richmond or West Point.
Tne costs OF these, from an estimate Of the
Chief Engineer, will not be less than S2OOOO
AS II cannot be reasonably expec ted that ,he
money necessary for these objects can bs paid
out OF the earnings of the road or the present
means OF the company. au uthority is asked for
to apply to the next General Assembly for a
State loan If 100000.
The Treasurer's statements show a total
expenditure on account of trausportntion of
S29,442, and the receipts S23, 202 60 The dis.
crepancy Is accounted for by the fact that
many charges connected with the completion
OF the road have been carried to the transnor
tation account The receipts have excseded
the actual costs OF transportation, which, uu.
DER the circumstances, cannot but be regarded
as satisfactory. Much larger receipts are
looked for when the wharyes and depots ara
completed.
The Treasurers statements also show that
mere mas been paid for the steamer West
folnt, on account Of transportation. the sum
OF BIZ, 13a 20, including the sum of Ssl4 for re-
pairs, occasioned by an accident W hiIe rua ming
up the Pamunkey river 1t night, and tnat her
receipts have been $9,97s.l0 showing a bal
ance OF ~, 56.lO against the boat on her trans.
portation account. But this sum should not
be regarded as q loss to the company, for the
reason that il appears, from the roads trans
portatlon account, that the through travel and
Ireight credited to that account for the four
months that the boat has been runninR and
which has been obviously brought to the road
by the boat, amounts to the sum Of 80 DIS 10
and IL this amount be carried to the credit OF
the boat, hers would be a creditor, instead of
a debtor account, on the business OF the four
months.
With regard to the proposed connection
win the coal fields of the New York aud
Richmond Goal Company, the repor. says it
Is in contemplation to organize new com.
pany, the old one being now in solvent and il
is confidently believed that their plans will
ultimately be carried into successful opera
tion.
The success Of the road thus far. under nu.
merous disadvantages, Is plainly apparent
MAY we not, then, (says the report,) reason
ABLY expect. when fully completed, with
all its wharyes warehouses, depols and eo uip.
menr in readiness for the reception and trans
portation of the passengers and freights, which
must inevitably be concentrated at West
Point when the advantages of York river as
harbor for foreign and coasting vessels shall
become fully known and justly appreciated
an increase OF receipts frum transpor tation
over and above its costs sufficient to pay the
interest on the mortgage debts, and, within q
few years dividend on the stock. or this the
writer is absolutely confident. But, to attain
this most desirable end, much, very much Of
energy and perseverance will have to be ex-
erted to make suitable connections with the
many rivers, creeks and inlets bordering on
the lower Chesapeake Bay, and with North
ern and Southern cities. and time will be re-
qaired &c consummate these connections.