The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-01-14
4 For,v-yesrs. Labor Ended.


They're sent month will witness the ccmPie-
ton Of the Chesapeake and Ohio railroad,
andt,ms will be united the commerce OF Tue
Ohio aud the Chesapeake bay, after 'a"''
OF more than forty years to effect that "'',o''
lis the greatest event IN the history OF var
ginia.
Upon the occasion of this grand cous"',''i
nation Messrs. FISK & HATCH oi Ne" loFh'
,,ra ;ssncd 70 the holders of the bonds OF
,ns f,besspeake and Ohio Railroad Company
highly interesting pamphlet, setting forth
the prospects of the road.
An important announcement IN this pam
,,hlci is Tint the company, having discovered
that there would be an immediate demand
upon them for transportation to much
greater extent than they had anticipated,
have issued 5000, 600 seven per cent. bonds,
payable in twenty years from July ], 1872,
whic, have been sold. This will enable them
70 equip their line from Richmond 70 the
<>hio river in superb style, aud leave them
free from floating debt.
The pamphlet calls attention particularly
TO thu great advantages Of the Chesapeake
and Ohio railroad over other great lines. 1t
mas comparative freedom from those extremes
Of heat and cold which DISTRICT commerce:
with it's terminus on the Virginia tide,
where navigation is mover obstructed by ice,
aud where the large ocean-2oing ships may
he alongside its track; and It's western ter
minus on the Ohio river q, q point from
whence transportation by water is more con,
:iunous and unobstructcd throughout fhe
year than from any other point reached by
rail- from the East.
This point is at Huntington, below the
noll.h Of the kanawha and at the mouth Of
she Big Sandy river, both of which streams are
lsrgs tributaries to the Ohio. The immense
amount of produce that wilt collect there by
river transportation will find its best transit
eastward by the Chesapeake and Ohio rail-
road. X Is stated that there are 1900 miles
ct water navigation connecting with the
western terminus of the road, whose eastern
terminus is upon the most westerly indcDta-
ton OF deep water upon the northern Allan.
tic coast. The ccst Of transportation in this
extensive liver vigation of the West is
.irce mills per ton per mile, whilst the same
fr,ights by ull.rail lines canno: be less than
four or EVe times that price. The cost, there's,
fyrc, b, The Chesapeake and Ohio railroad
route viii hc lessencd very much in cGmpa-
fi&on with either of the three other routes
Isl, Because OF the sticrncsS Of the land
route or railway portage, aud. I'd, becouse o.
a., l;,l &
Chesapeake and Ohio railroad in comparison
wi;;. al others. Grades and curves Scr-
y:",ir effect transportation by rail. This
.wrt1yo i. only 3l2 miles when the Ia.
a,ash Is navigablc, and only 420 be-
swrrn the Ohio and the Atlantic tide.
In the matter Of transportation, besides
The tobacco. rurh, and grain If the West arc
tte coal, iron. aud other minerals o. the IA
nawha md Ohio valleys. Coal and iron are
tie great ccmesls Of wealth, and :uey
a&ourd in unlimited q,lantitics upon the
fEc OF the road. Millions Of bushels mav
H. "!!oYcied from the mines, as it were. into
.hc coaI-cars of the road. Besides the coal
and iron Sifare is the limestone. which Is best
adanltA Tor the flux i'm forging The iron.
Ii,r-2 are great elements of railroad thrift
d, well ~ of communities. The Balti-
more and Ohio railroad last year delivered at
the Baltimore wharycs 300 900 tons of Cum
beriand coal. That amount Of transrorta-
tim on the Chesapeake and Ohio road would
realize Sj,oQ9.000 in freghts. VIII not
Tie transportation of coal be greater GU this
-IcAd:
II il estimated TINT the ranncl and splint
,uas Of hanawha Tan be put upon the coal
ears OF tie road ut II cost of one dollar per
ton. Imported camel coal sells In New
York for from fourteen to eighteen dollars
yer ton. 1t will be seen what margin here
is for profit
When we consider the advance in the value
OF iron aud the rapidly-incrca>ing consump-
ton of coal we can understand what figure
III supplying these articles the Chesapeake
and Ohio will cut. Large orders for Amerl-
can coal have recently been transferred from
Liverpool to America. They are to supply
uerots at Madeira, Rio Janeiro, Aspinwall,
=. Thomas Martinique, Havana, Valparaiso,
and other distant points. These orders will
eniiven the trade and bear directly upon the
business of transporting the superb Kanawha
Goals 10y the Chesapeake and Ohio road.
Large contracts are already made for the
delivery of Knnnwha coal by the Chesapeake
and Ohio railroad both eastwardly and west
wardly. The demand for the Kanawhs can.
mel coal squite lively. which is without SUI
lpiior, and the spint coal is unsurpassed by
any OF the bituminous Goals.
The pamphlet to which we have referred
gives condensed and clear view of the adj
vantages Of Richmond as well rs the pros
poets OF the road in the following para
gnphs:
1.-The present trade Of the city Of Rich
mond is OF lar greater magnitude and i'm
portancc, in it, bearings upon the business of
the Chesapeake and Ohio railroad, than is
generally supposed.
"The ilour-!nl!sof Richmond are proba-
bly, the most extensive in the United States.
Tie HaXall' and 'Gailego' brands bayc Il
worldwide reputation, and are considered
superior to any other for shipment to South
America and other tropical and scmi-tropi-
cal ports, owing TO the influence of the eli
mate in which they nre ground. The Rich
Mond Touring mills have therefore long
commanded those markets to the extent of
their ability to supply them. Their eceipts
ct wheat during the past few years have been
entirely inadequate to the demand for their
-four and 10 the CAPACITY of the mills. leaving
yearly deficiency OF over 100000 bushels,