, 1861-04-05
$500
10000

ll:Qna expenses, 10 days. at Shopper day Id
Yet earnings per trip. pc
This viii glse dividend Of Is Der cent 4o''V
on cost Of psopeliers SEC, 600. ........ ;,5O
Leaving surplus Of. :: :s1o,M
Is per cent. to the shareholdera} will be
reserved for the purpose OF building ah-
Alt!onal ptopellers from year to year Il
the trade increases.
40 tons may he considered extrayagant
for return freight per day, Judging from
the present Quantity, but this line inter
seets the ButfaIo and Lake Huron Rail- ,
way at Port Colborne, from whence it Is
but 14o niles over comparatively level
3f9aq te Lake Huron, where that Company,
lers with Lakes Michigan and Superior.
this being the shortest and quickeAt.
route for The supply of every port on
these lakes, whether from New York or,
Quebec. Preparations have already been :
made on large scale at Port Dalhousio
for the translipment with dispatch from
vessels to cars, ON the principle Of Sir
William Armstrong; aelfacting crane,
which can transfer ton per minute
Everything connected: with the NeTand
Hallway Is made with . view to the in.
creased T. Imaagnttqde7 e. Go of sne trade: = There
sufficient burden, therefore it IL not
necessary to estimate additional capital
Tor their construction.
with these large propellers roduc-
+. tion in the price OF inland freight IL
estimated Of 100 per cent. {see the
=. relatfye profits between; large and
small vessels between Chicago and
:; Buffalo. 1900 niles) Pnblic Works
Tons. Gross Receipts. Expenses. Profits
sS5 SO $, ,sss:sS ,sssa 1913 sS.eS st'ssSS ssS
Difference ..si,a67.50 ':..,s177,5o:9 s1.090
i, The actual .cott Z, ef running propenets q: tn
Amer1eaa e Great Western ;t; Com
tAs propeller Oriental, $50 tons 7s cents pe
,:Est.nasts4i 3:E:s .:9a REDUCTION between CHI
:, pres't propa -reduc. :.
- miles rates, rates. tion. -
Chicago to IT. =. =: ..
Tsi|s3S 3 n.'a5S1's r. - a.. . o LETS:
toQuebee.. SO g .
!neQt Se, sc,.-c -..-.--......--..-... 1H
When elevators are crested at Quebec
y; the reduction on *transhipment will T.;
oeesn freight now charged at ii: viii b.
Thus the total reduction IN the estimate
OF transportation between chIca.o
Besides ahoFteains tSe sG the i from % rs; IS 10
Is days 30 600 bn Of gratn per day for 200
aaya wil only g;:ve 6;oo0, ,0uoo- bn per year
aa T. 3 %usn SpE Ry ss11 z
= Quebec connacfs The yqlley oi the Ohio,
tbs 7alley Of the Wabash, AIissiasippI
sud Missouri, all OF which are connected
by falEay1 and the Ohio and Wabash
Canals with Toledo, tAua the gsestost
producing and the greatest consuming
countries are connected By 2uebee.
The only competition Tor this Immense
grain trade Is via Buffalo and New York ,-...-
WherB they have, In addition to II elevat- ' =
ora and warehouses already built erected
seven more during rl1 he h past at season, With
sud capable Of eleFating from vcsrel TO-.
canal boat or railway caf, 1,0oo, 600 bush l.
els per day; and 0sWego, where they ..
have at 1eaet one-half the number Of e!e-
vators,- s,-coatrast these ports with Que-
bes, where there is not one eleyatef
the following facts are extracted from
the Boszd Of Works Report, 1855:
:: "It is unaonhted that very large share 90
e not only Of the Westarn foreign trade
= Id grain, but Of the Cauadiau, Hnds I'll
:. way to the seaboafd and tho kastern -.
= States through American chanuela7 Ii
- fa equally certain that the best and
- cheapest channel of commerce as regard -
:. transportation is a natural navigation,
" distinction to the artificial navigation
= by csnalsthe latter requiring q heavy = = i
;" outlay for working. ,supetinCendenca
- and repairs, In addition TO the original
q cost Of construction .NowN Is seq1ally
!: nndeniable that Can 1da posssases {wifh .: r.
tHS EAHE4hAQE VI p tuAea " Ea4afl t4es@ :%--
staayantagcs from her geographical po-
= Alt3dn. = .ssE <; > ~ = t,.~:-
,ts And yet The arrival at the two porta
= Ct Buffalo and DsWego alone, hare, =. 49,
:. = sfntinK tae :lsst, nEe yeArs, a{ssaged -
~ al, 81 barrels of ftonz. aad sa,6N0sa ,*.