Evening star., 1896-04-15
c. AND o. CANAL BUSINESS.
brighter Prospects as Shown by the
Figures In the Annual Report.

Figures In the Annual Report.
There was filed at the Office Of the clerk
OF the court in Hagerstown, Nd, yesterday
report, submitted by the trustees of the
Chesapeake and Ohio Caral Company
John K. Cowen, Joseph Bryan and Hugh L.
Bond, tr., showing the receipts and dis
bursements for the past five years, incident
upon the operations Of the waterway under
the decree Of Judge Alvey. passed October
2. 1880. The following shows the total re-
ceipts and disbursements:
Receipts-Tolls, $JO1, ,253 90; rents, $42,-
1913; balance Georgetovn n millers' settle
M ment Il, Gh" III said millers having liquidated
$l4,lS29S of rental by repairs made to the
Georgetown level in 1880. $3.3O452: ad-
vance Of Mary E. Garrett, $435, 1894; ad-
vance Of H. c. Winship. receiver. $644.31 !;
Disbursements-Repair to locks, $o:,-
Oh 9s; repairs to bridges. H,474O9; repairs
to waterway and towpath, 1914 4TOO7;- re-
pairs to dams. $50. 4.a4; repairs to build
o1s9l: engineering expenses. s16.s2O.O2: pay
to ofcers and clerks. sc, ,a2S.22; stationery
and printing. $2.22255; legal expenses, 49,
0l6Oi; 1ncidentals and cont.ngents, $12,-
77O39; pay of lock tenders. 81, ,664. 30; equip
ment. $3s.1a5.Ss; wharfage. $39,Os7.39; in
surancc, SSSI7: fees to decree in case of
g. s. Brown VS.. c. and o. Canal Company,
$21O. 40: agents commission cn sale of prop
Ci ~ $D,OVVs IulSCSliduSOCSs $Ol.SO. 1Otal,
$926, 6,3O1.76
Balance on hard January /, 1885, $685.
03973.
An Increase Of Business.
There are statements for each year. sep
arately, except the first two, the figures
of which are not segregated. The report
from December 81. 1890. to December 81.
1892. shows toll receipts Of $135, ,979.S7, the
item from Miss Garrett. $435. 1894; rental
and the Winshfp advance, making a total
of $516. 6.55382. The disbursements included
1853 653. .4S for repairs, and the total amount
was 1858. 763.65. This left $7.79O.17 to begin
the next year. the receipts being $3.50 624 "a
during that year QS93), and disbursements
Balance on hand at end of year. So. 1853
In 1894 the receipts were $12S, 461. .04, and
disbursements, $117.292.8O including repairs
to the extent Of SCI, ,1I3. %. The balance ON
hand had grown to $33, 63354. In 1895 the
receipts were $13S S6O2.29: disbursements,
$l42 .65. including $85, ,s07.53 in repairs.
TIE balance was $56939. 73. Tonnage for
each year is given as follows: 1891. 5O.533
tons and ii cwt.; 1892. 265. 100 tons and
@ cWt;: 1888. 1886. 295 tons and II cwt.; 1894,
oO3.G4 tons and IA cwt.: 1895. 313O15 tons
and 13 cwt. Total, .269. 800 tons.
The trustees report the sale of land in
Washington in 1895 to the Washington Gas
Light Company for $37.553.41. which was,
with the exception of $3S.6S, applied to the
mortgage of 1878. They say that. owing
10 the appeal taken by the state Of Mary
iand. they have not been able to close their
account against the Chesapeake and Ohio
transportation Company, and the appeal
mas prevented the furnishing of additional
equipment provided for by agreement with
the transportation company.
General Managers Report.
A letter from the general manager, Geo.
L. Nicholson, is adopted by the trustees
as part Of their report. Mr.. Nicholson
says In the course of his report, that in
order to develop the canal AZ a system of
transportation and a competitor Of the
modern railroad, It should be organized and
operated just az the railroads of today.
He states that In his opinion the canal is
the natural and proper outlet for the coal
of Georges creek, Cumberland region, and
that the canal Organization should be In a
position to take the coal from the operators
In the coal region and deliver 1t to the con-
to the time which the trustees would have
possession Of the canal bonds has made
1t tmpracticable to procure the necessary
capital for Investment in q system Of trans
portation. Also, 1t has been impossible to
make any arrangement with the coal COM
penles and shippers. and ~ result the
has been carrying the product OF one
|ssx tNo companies, instead Of being the
hlly satisfied that when the present
.poeey ykainties are removed the difficulties
[Mgdtioned Will disappear. Results will
then be obtained, he adds, which will fulAN
the hopes OF those who conceived and exc
ccted the plan Of building the Chesapeake
and Ohio canal.