The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-11-21

Richmond and on account of the construc-
| ton of the road from Jackson's river to
| Covington SIS, ,s06.83 on account of extern
sion from Covington to the Ohio river and
| S22,772.44 bonds issued for interest due
| this last being only n change of the form of
liability, and s2l 1880, as above stated,
being investment in property, making m
aggregate Of s44 ,2l640 which is not Of the
| character Of debt.
INCREASE OF TONNAGE AND TRAVEL.
There has been en increase in the mum
ber of passengers carried over the road
during the last fiscal year as compared
| with the previous one, and an increase in
| receipts from that source, but not in pro-
portion to the increased travel. This will
be explained by the fact, as stated below,
| that the large addition to the travel was
west of Staunton, and therefore the trans
portation was for short distances.
Number of passengers carried be-
tween fich mont anu GOrdon5-
Vile inclusive Increased ........ 13 per cent.
Betw. en- Lindsay'S aud ) auutcn. per cent.
Between Stanton and Covlagton 63i per cent.
The tonns &c transported The last
fiscal year between Richmond
and Gordonsvlilr greater
than the year previous by...... % per cent.
Between L1ndsay's and Staunton. 81 6-lo per cent.
West Of Staunton .................. Sc per cent.
Taking the whole road together,
lie increase ls.................... 80 per cent
For details as to the character and quan-
titles Of freight, see the report of the Super
intendent aud the tables annexed thereto.
The above statements of the increase in
tonnage and travel are very encouraging in
our enterprise Of extending the road west
ward. The results show that before the
road reaches the Ohio river, where through
traffic will be commanded, it is developing
the resources of the country. 1t is anima-
ting the dormant energies and stimulating
the enterprise of the people in the country,
which was without any facilities of trans
portation until few years ago. This will
be more strikingly realized when the road
crosses the Allegheny mountains and en-
ters the fine counties Of Greenbrier and
Monroe.
PROBABLE RECEIPTS OF THE YEAR CoMMEN-
CING OCTOBER 1ST, 1868.
The revenue of the company having in
round numbers reached S600,00 under
the adverse circumstances of q disastrous
failure in the wheat crop in the country
generally east of the Blue Ridge, with the
expectation of opening the road to the
White Sulphur Springs by the first Of June,
1869, the revenues may be expected TO run
ND to S700,000. There has been % per
cent. of plaster and IS per cent. of other
fertilizers carried over the road during the
summer and fall more than was transported
last year we may therefore expect much
larger wheat crop. Richmond ought to be
the best wheat market in the United States,
| as before the war the mills here had estab-
lished the highest reputation for manufac-
turing -four, especially in reference to its
capacity to keep sound in all hot climates.
Coffee was brought here in large quantities
as return cargoes from South America, and
| The merchants Of northern cities were at
| tracted 10 Richmond as q coffee market.
The millers Of this city are making
efforts to regain the flour, coffee, and hide
trade and if they succeed we may expect
a larger portion of the wheat crop Of the
Valley to come here next year than for
several years past. Richmond will then
have resumed her ascendancy az a wheat
market. From all these sources Of revenue
it is but a reasonable estimate to put the
| ipts of next year at 100000.
NEW FREIGHT HOUSES AND CARS.
Thirty-eight new freight cars have been
| built in the conpany's shops during the
year, besides covering forty with tin or
other permanent roofing.
New freight-houscs have been built ut
Hanover Courthouse, Louisa Courthouse,
Alton, Waynesboro', and Fishersyille, and
the Charlottesville dcr0t enlarged and re-
constructed, with other valuable and ex-
pensive improvements connected with it.
All the freight-houses are now restored
with the exception Of the small building at
Hanover Junction.
| CONDITION OF THE ROAD BED AND ROLLING
STOCK.
More expense has been incurred in i'm
| proving the condition of the road than
there was last year; the new iron laid,
| ballasting q considerable extent of track,
with a large number of ties put in, and the
better draining of the cuts, justifes the
| opinion that the road is in better order than
| it has been for many years. [ understand
from the General Superintendent that the
machinery and rolling stock is in excellent
! condition. 1t is gratifying to know that
these statements are attested by the fact
that the road has been almost wholly free
from accident during the year. There has
| been none caused by defect IN the track.
For this favorable condition of the road the
| superintendent, road master, and division
| masters, deserve our commeldatlon, and We
| cheerfully make the same remark as to the
other officers in their department"