Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-01-10
DISMAL PROSPECTS.
THE CANAL ROUTE sWAmPED BY A
TIGHT MONEY MARKET.
Importance OF the Route--Ncw Revenue
Cutter for the Nswbsrne on. CO. sta
tfon-Interested In Port Norfolk.

Correspondence Of tho Richmond Dispatch.l
NoRroLs. January 8, 1891.
The prospect does not now seem very
bright for going ahead with the extensive
improvements contemplated on the Dis
mal-Swamp canal route. The new COM
pany issued, it Is said, nearly million
dollars in bonds. but owing to the disor-
ganized condition of the money market
could not realize on them, and those ia
mihar with the outlook seem to think the
property will again revert to the receiver
of the Exchange National Bank. The
Dismal-Swamp canal passes through very
productive section in two States and there
il no denying the fact that IL widened and
deepened II would rapidly become an i'm
portant commercial highway between
Chesapeake bay and the Carolina sounds.
THE wNosA
The new United States revenue-eutter
Winona. just from the ship-yard at Will
mington, Del, and ordered to the New
berne station, left this morning for her
destination. She is handsome ship.
A party of Maryland capitalists from the
Hagerstown section, headed by Colonel II.
Kyd Douglass, have been here for two days
inspecting the improvements and business
outlook of this section, and leave for home
tonight. They are largely interested in
lands on the Portsmouth side of the river
opposite West Norfolk and known as Port
Norfolk.
George Smith, supposed fugitive con-
vict from North Carolina, sent to the peni-
Tertiary for burglary at Edenton. was az
rested here last night by Detectives Pitt
and Prince.
APYrHIAN SITE.
Atlantic Lodge, No. "a. Knights OF
Pythias, of Portsmouth. has purchased a
SIS. 900 site on Court street and will erect a
81, 200 castle. This lodge lost over 81 900
in the Balm bank failure.
Rev. DIR. Thomas Hume, of the faculty of
the University of North Carolina, Is de-
tanned in Portsmouth by the illness of his
son, who is suffering from severe attack
of the measles.
Bishop Hargrove, of the Southern
Methodist Church, arrived here yesterday,
| and is the guest of Mr.. ]. Il. Waters, on
York street.
James A. Coleman and Harry Brady, two
youths. were arrested last night for rob-
bing sailor named Fisher of $50 in a
Church-street dive.
THEY MAY GET SOMETHING.
General Thomas Ewing, of New York,
late president of the Atlantic and Danville,
SAYS the collapse is blow TO the cities and
! counties along the line. wiping out at one
stroke their stock. He thinks that in the
reorganization of the company something
may possibly be set apart in equity for the
cities and counties.
The artillery command known as
Grimes's battery in the Army Of Northern
| Virginia was reorganiZed in Portsmouth
| last night with forty men. j. W. Wilson
was elected captain q. w. X. Mcdowell,
first lieutenant. and II. 0. DuersoD, sec
ond lieutenant.
The remains of DR.. Jacob w. Keely,
| found dead in Portsmouth, were sent to
| Nansemond to-day.
A movement is on foot and at the next
meeting Of the Legislature an effort will be
made to annex Berkley and South Nor
| folk to Norfolk.
Intelligence has been received here of
| the death in Asheville, n. O., OF Mrs:
Annie Kicks Hughes, wife of FLOYD
Hughes, of this city. She was Norfolk
lady.
OFFICERS ELECTED.
The stockholders of the Danville and
| East Tennessee Railroad Company held Q
meeting here to-day and elected the fol.
lowing Board of Directors: Thomas
A. Hitchcock, Paul Gorham, Barton My.
ers, Norfolk; Charles T. Trego. Chicago
J, p. Harrison, Danvllle; r.. Nj. Stuart
Wortley, and j. L. D. Ryder, London
The directors then met and organized anc
elected the following officers: President
| Thomas Ewing; T. w. Nj. Draper, genera
manager and chief engineer; II. A. Hitch
cock, treasurer and auditor. The genera
manager was instructed to proceed Will
| g q Rr1a n