1832.] REPORT OF THE DELAWARE AND HUDSON CANAL COMPANY. that the board have taken the stock of coal of 1831, as worth what, by the experience of this year, it would have cost the company to put a like quantity in the same places of deposit; and the year's business is credited with the proceeds of sale. It is to be remembered, however, that this stock was(in general estimation at least) inferior to the coal of 1831; and a considerable portion of it was actually and avowedly sold as second quality Lackawana coal, at a lower price than that obtained for coal mined last season. It may be well to remark also, that a very small portion of the whole quantity of coal included in this statement, was sold at the advanced price. Most of the stock was covered by orders before the advance took place. And it is yet more important to a proper appreciation of the statement of the year's business, to observe, that for the purpose of opening a market among manufacturers and steam boats, and increasing the consumption of Lackawana coal generally, the board deemed it expedient in the course of the year, to incur heavy expenses, and allow many drawbacks and bounties, amounting in the aggregate to a considerable sum, but to which the business will not hereafter be subject. Had it been practicable without incurring these expenses, to push the company's sales to the extent to which they have been carried, the balance of profits shown by this statement would have been greater by one-third. When it is recollected under how many circumstances of depression and perplexity in the state of the coal market, the year's business was commenced, this result ought to be entirely satisfactory to every stockholder, as establishing the ability of the institution to make money, even under the most unpromising aspect of affairs. While the managers present with great pleasure, a statement showing a clear profit of $34,183 59, on the business of 1831, it will be observed that the previous operations of the company being experimental in their character, comparatively small in amount, and subject to heavy disbursements for interest and expenses, were attended with loss; they do not therefore feel justified in declaring a dividend of profits at this time. The annexed statement marked No. 2, shows the present fiscal condition of the institution, upon which the board deem it unnecessary to offer any remark, except to reiterate the opinion already expressed, that the company possesses ample means for the prosecution of its business. 281 to $950. But the water power which the company there command by means of the Mongaup river, will, at no distant day, render this a position of much importance on the canal, and insure a large advance to the company on the purchase money. In relation to the business of the current year, the board think, that there is much which should increase the confidence of the stockholders in the value of their property. The want of a sufficient market for coal, and the embarrassments of the company, have hitherto been the chief, if not the sole obstacles to its prosperity. Neither of these now exist. The company will be enabled to proceed with confidence and energy, in bringing its coal into the market; and the arrangements for so doing, upon an extended scale, and at considerably diminished cost, are already made. In the items of mining, canal and rail-road transportation the expense will be 40 to 50 cents a ton less than it cost the company during the past year. The board contemplate an early resumption and vigorous prosecution of business. Mining operations have been continued during the winter as far as was consistent with a judicious and economical application of labor and money to that object. A considerable quantity of coal will have been mined and prepared for transportation to the head of the canal, by the time business is resumed on the rail-road, which will be in the course of a few days. It is gratifying to the board to be able to say, that the quality of the coal continues to improve, as the mines are penetrated; the stock of this year will be found decidedly better than that of 1831. The canal will be opened at as early a day as the season will permit, keeping in view the preservation of the work. The flood which in the latter part of January proved so destructive to property on many of the. streams throughout the country, swept the ice with great violence out of the Delaware river. Some injury was thereby done to the apron of the Delaware dam, and the slope wall of the canal at Butler's falls: these, however, will be promptly repaired, at an inconsiderable expense, and measures will be taken to guard against a recurrence of a similar event hereafter. In other respects, the entire line of the canal escaped injury, and is in good order. The resources and wants of the country through which these improvements pass, are beginning to develop themselves. Various manufacturing establishments are about going into operation at different To the exhibit marked No. 3, the stockholders are re-points on the line of the work, and a steady annual inferred for information as to the amount of capital em- crease of tolls may be expected. Arrangements have ployed by the company, and the mode of its investment. already been made by individuals to pass 3,000,000 feet It is believed that the extent and value of the property of lumber over the rail-road. Annexed is a statement represented by this capital will bear a comparison with marked No. 4, of the articles that have been transportany similar concern in this country. The canal and rail-ed on the canal during the year 1831. road are found, by experience, to have been constructed with an enlightened and liberal economy, which will render the annual expenditure for preservation and repairs comparatively small. The coal lands of the company contain about 3,500 acres, selected at an early day, in one of the finest coal fields of Pennsylvania. The quantity of coal in them is fully adequate to the supply of any demand that may exist; and in this item of property alone, the company possess an unfailing source To the town sites or village plots owned by the company, the stockholders may also look with confidence for a large accession to its means. In three it. of them, namely, Rondout, Honesdale, and Carbondale, the sales of lots amount to $28,951 82. These sales, however, embrace but a very small portion of the three sites; the steady increase of population and business insures a market for the residue at an enhanced price. At Rondout, in addition to sales, leases have been granted on terms that yield an annual rent of $1,592. The fourth site, Port Jarvis, has not increased in value so rapidly as the others. The sales at that place amount of revenue. The nett proceeds of sale on the whole business of the year will average about $4 80 per ton. VOL. IX. 36 In conclusion, the Board think that there is abundant reason to congratulate the stockholders on the present condition and future prospects of the institution: and while the board wish to be understood, as desirous of seeing the stockholders form their opinions, and draw conclusions, from their own scrutiny and investigation, rather than from any other source, yet under all the circumstances, the board deem it a duty to express their confidence in the ability of the institution, henceforward to remunerate its stockholders by dividends, for the patience and perseverance with which they have sustained JOHN WURTS, Office of the Delaware and Hudson [No. } President. 1.] Statement of the Coal Business of the Delaware and Hudson Canal Company for 1831. Dr. To coal of 1830 on hand, valued at what it would have 20,000 00 15,725 00 1832.1 PROCEEDINGS OF COUNCILS. needful for carrying on the building of the Hospital for the lame and blind, directed by the late James Wills to be built, and that the sums so drawn for, shall be taken from, and charged to the Wills' legacy. Mr. DUANE as Chairman of the Committee on the Girard fund, made the following report and resolutions, with a statement from the executors of the late Stephen Girard. The late resolution relative to a Poudretta was passed by both Councils, and Messrs. Groves, Fox, Wainwright, and Wetherill, were appointed the committee. The other resolution and statement were ordered to be printed for the use of Councils. To the Select and Common Councils of the City of Philadelphia. 283 of Inspectors of the Eastern Penitentiary, on the subject of a Poudretta, referred by Councils to this Committee, and they recommend the adoption of the following resolutions, viz: Resolved, That a Committee of two members of each Council be appointed to co-operate with the Board of Inspectors of the Eastern Penitentiary relative to preventing the anticipated nuisance, which will be caused by the establishing of a Poudretta between the Eastern Penitentiary and the lot on which the Girard College is to be erected. Thursday, April 26, 1832. SELECT COUNCIL.-Mr. JOHNSON presented a petition praying that a culvert be made in Mulberry The Committee on Girard's Legacy, respectfully re-street, which was referred to the Paving Committee. commend to Councils the adoption of the following resolution, viz: Resolved, By the Select and Common Councils of the City of Philadelphia, That the executors of the late Stephen Girard be, and they are hereby authorized and requested, in their capacity as executors, to cause the square of ground between High and Chesnut, Eleventh and Twelfth streets, to be built upon and improved, agreeably to the plan, contracts and arrangements of the testator:-to employ and compensate all suitable agents to contract for work and materials, and to pay for the same out of the funds that may be in their hands as executors, and that the receipts which they shall obtain for all payments made by them in the prosecution of the said improvements, shall be accepted by "the Mayor, Aldermen, and citizens of Philadelphia," as a part, to the amount of said receipts, of the residuary estate devised and bequeathed by the said testator, to the said "the Mayor, Aldermen, and citizens of Phila delphia." The Committee beg leave further to state, that after they resolved to recommend the adoption of the foregoing resolution to Councils, they submitted a copy of the same to the executors of Mr. Girard, for the purpose of ascertaining their views on the subject, and received from the executors the communication hereto annexed, expressing their willingness to execute the trusts specified in the resolution. APRIL 21, 1832. Whereas, The Committee appointed by the Select and Common Councils of the City of Philadelphia, in relation to the trusts and duties created and enjoined by the will of the late Stephen Girard, have officially made known to the executors of the said testator, that they have resolved to recommend to Councils the adoption of a resolution authorizing the said executors to cause the buildings to be erected on the square between High and Chesnut, and Eleventh and Twelfth streets, according to the intentions, contracts, and plans, of the said testa tor. And whereas, the communication of the said fact by the said Committee has been made with a view to ascertain the decision of the said executors on the subject: and whereas, whilst the said executors have never sought for the responsibility, or agency referred to, they have never been unwilling to render any aid in their power to execute the intentions of the testator, if authorized to act by the constituted authorities of the city of Philadelphia-therefore, Mr JOHNSON offered the annexed resolution, which was agreed to. Resolved, by the Select and Common Councils, that the Mayor be, and he is hereby authorized to draw his warrant on the City Treasurer, for the amount due for water-rents and repairs, made on the estate of the late Stephen Girard, since the first of January last, and that the same be charged to the Girard fund.' The consideration of the resolutions attached to the report of the committee on the Girard Fund was postponed for the present, COMMON COUNCIL.-Mr. BAKER presented a petition praying that Vine street, from Third to Fourth street be repaved, and one that Sixth street from Race to Vine street be repaved, which were referred to the Paving Committee. Mr. Hoop, as chairman of the committee on Markets, made the annexed report, accompanied with an ordiby the Common Council, but were not acted on by the nance and resolution which were adopted, and passed Select Council. The committee on Markets, to whom were referred the memorial of Paul Beck, Jr., complaining of the sale street, under the authority of the city, and the memorial of sundry citizens that a market-house of a cheap and temporary character may be erected on a lot of ground belonging to the city, at the corner of Vine and Schuylkill Front streets. Report: of meats from shambles erected on curbs in Market That it is evident from the considerations stated in the memorial last referred to them, that the convenience of a large portion of the citizens would be promoted by an authorized market in the western part of the city. With the view of accommodating them, and, as it was supposed at the time, with their full acquiescence, the 6th section of the "Ordinance relating to the High street market place" authorized the commissioners to assign stands for butchers selling from their carts, at the corners of several of the streets west of Ninth street. But independent of the representations of the respect Iable memorialist above named, the committee are con vinced that this provision has been less generally approved by the public, than was expected by the Councils at the time of its adoption, and that it might with propriety be now repealed. The committee are of opinion that it would not, however, be prudent at this time to erect a market house at so great a distance from the heart of the city, as is proposed in the second memorial. At the same time, they would desire to give every facility to those residing in the neighborhood of that ground, Resolved, That if the Select and Common Councils of and with this object they would recommend the adopthe city of Philadelphia, shall adopt the resolution, tion of a resolution directing the commissioners to apwhich the said Committee have announced their inten-propriate it for the sale of provisions. The committee tion to recommend, the executors of the late Stephen therefore submit to Councils the annexed ordinance and Girard will accept the trust, and execute the duties thereof to the best of their abilities. Extract from the minutes of the executors of S. Girard. JOHN A. BARCLAY, Secretary. The Committee further report, that they have considered the communications from the President and Board resolution. A supplement to the Ordinance relating to the High street market place. Sect. 1. Be it enacted that so much of the sixth sec. tion of the ordinance to which this is a supplement, as directs the commissioners to assign certain spaces ad joining 10th, 11th, 12th and 13th streets, as stands for in the early part of the summer. The grading is nearbutchers selling from their carts, be and the same isly or quite done, the laying of the rails is rapidly prohereby repealed;-and that the commissioners be authorized to return to any persons who may have rented such spaces, the sums paid therefor by them, on their relinquishing their right to the same. Resolution authorizing a market to be held at the corner of Vine and Schuylkill Front streets. Be it resolved, &c. that the City Commissioners be, and they are hereby authorized and required to mark out and define stands, not exceeding 20 feet by 10 feet, on the ground belonging to the city, at the corner of Vine and Schuylkill Second streets, and to lease the same, according to the provisions of the ordinance relating to the markets, as if the same were within the limits of the market place, to persons desirous of selling thereon butcher's meat or the produce of their farms and gar-rail-road. dens. Mr. BAKER, as chairman of the paving committee made the two following reports and resolutions, which were agreed to by both Councils. gressing, and on some part of it travelling has already commenced. Connected with this section of the railroad is the West Chester rail-road, which will shortly be completed: and assurance is given by the managers, that it will be ready for travelling on its whole length by the 4th of July next; about which time there appears to be a clear prospect of a continuous line of rail-road travelling from West Chester to the city of Philadel phia, with the exception of the bridge across the Schuylkill; a difficulty which will be in a degree obviated by the establishment of a ferry over that river until the bridge shall be completed, so as not to prevent tra velling and the transportation of merchandize from the city to the furthest point of the completion on the The travelling on the rail-road from the city to Peters' Island alone would be an object of very considerable importance, as it is a convenient distance for excursions of pleasure; which by a mode of conveyance, atThe paving committee to whom was referred the pe-tractive from its novelty and interesting as a splendid tition of a number of citizens requesting Third street triumph of human invention and power, would be profrom Union street to Pine street,to be re-paved-report: ductive of much profit to the city and state, especially That they have examined said street, and are of opi- if this should be the route first in operation in the vicininion that it should be re-paved, as it is so much out of ty of the city. order, and the gutters so bad that repairing will not answer the purpose to carry off the stagnant water. They offer the following resolution. Resolved, that the City Commissioners under the superintendence of the Paving Committee, cause Third street from Union to Pine street to be re-paved, and charge the same to appropriation No. 21. The Paving Committee to whom was referred the petition of a number of citizens requesting that Sasafras street be re-paved from Delaware Sixth, to Seventh street, report: That they have examined said square, and are of opinion that in consequence of its being so much out of order, it would cost more to repair than to re-pave it, they offer the following resolution: As the time for constructing the rail-road along Broad street, if to be ready for use by the period above indicated, is now short, and it will take some time to make the necessary preparations, collect materials and lay the rails, it is the opinion of your committee that it is expedient that measures be adopted by Councils forthwith, to carry into effect their former resolu tion, by the immediate construction of a rail-road along Broad street from the northern to the southern limit of the city. They respectfully recommend the adoption of the following resolutions: Resolved, that it is expedient for the city of Philadelphia to carry a rail-road from the intersection of Vine and Broad street, down Broad to Cedar, to be conResolved, that the City Commissioners, under the structed without delay, conformably to the act of Assuperintendence of the Paving Committee cause Sassa-sembly of the 21st March, 1831, and the resolution fras street from Delaware Sixth to Seventh street to adopted by Councils, on the 27th of April, in the same be re-payed, and charge the same to appropriation No, year. 21, Mr. SULLIVAN as chairman of the committee to whom was referred the petition for continuing the rail-road along Broad street, made the annexed report and resolution, which were laid on the table. The committee to whom was referred the petition for continuing the rail-road along Broad street, respectfully report: Resolved, that a committee of two members of each Council, be appointed to cause such rail-way to be constructed on behalf of the city of Philadelphia, with authority to employ engineers and agents, and to make all other necessary contracts therefor; and that they make report of their proceedings under this resolution from time to time, to Councils. The Paving Committee to whom was referred the petition of a number of citizens requesting a culvert in Cedar street, to be continued from Fifth to Sixth street, report: Mr. BAKER as chairman of the Paving Committee That by an act of the Legislature of Pennsylvania made the two following reports and ordinances, which approved the 21st March, 1831, the canal commission-were adopted and passed by the Common Council, but ers were required to complete as soon as practicable, were not acted on in the Select Council. the rail-road from the intersection of Vine and Broad streets to Columbia; to which law was annexed a proviso "That before the canal comissioners should contract for any part of the rail-road between the western shore of the river Schuylkill and the intersection of Vine and Broad streets, the Mayor, Aldermen, and citizens of Philadelphia, by their proper authorities, should engage to construct and continue a rail-road from the intersection of Vine and Broad streets, down Broad street to Cedar street," &c. That by a resolution of the City Councils adopted the 27th day of April, 1831, the corporation pledged the faith of the city for its compliance with the provisions of the act of assembly aforesaid. The committee further report, that the period appears to have arrived when good faith and the public interest require the fulfilment of the pledge given, by the actual construction of the rail-road agreeably to the act of assembly above referred to. The eastern section of the Columbia rail-road, is now in a state of such forwardness that it is confidently expected that the first twenty miles from the city will be ready for travelling That they have examined the same, and are of opinion that it is the only way to relieve said citizens from the overflow of water, by extending the culvert, and offer the following ordinance to carry the same into ef fect. An Ordinance, directing the continuance of the sewer in Cedar street, to the west side of Sixth street from the river Delaware. Be it ordained and enacted, by the citizens of Philadelphia in Select and Common Councils assembled, That the City Commissioners be and they are hereby directed under the Superintendence of the paving committee to cause the sewer in Cedar street to be continued to about forty feet west of Sixth street from the river Delaware. The diameter not to exceed four feet, and charge the same to appropriation No. 4. The Paving Committee to whom was referred the pe 1832.] LANCASTER COUNTY TRIENNIAL ASSESSMENT. tition of a number of citizens, requesting the culvert in Eighth street from the river Delaware to be continued from Filbert street, to the north side of Mulberry street, report, That they have viewed the same, and are of opinion it is the only way to relieve that part of the city from an overflow of water by heavy rains, and in the winter season, as it lays so flat,a large quantity of water collects at that point, they offer the following ordinance to carry the same into effect. An Ordinance directing the continuance of the sewer in Eighth street from the river Delaware, from Filbert street to the north side of Mulberry street. Be it ordained and enacted by the citizens of Philadelphia in Select and Common Councils assembled, that the City Commissioners be and are hereby directed under the superintendence of the Paving Committee to cause the sewer in Eighth street from the river Delaware to be continued to about forty feet north of Mulberry street, the diameter not to exceed 3 feet, and charge the same to appropriation No. 4. 285 191,622 107,789 The other nine townships of the county Mr. Moss as chairman of the committee to improve Thus it will be seen at once, that the money tax is chiefthe city property on Schuylkill, below the Permanently paid by the towns.-Miltonian. Bridge, offered the annexed resolution, which was passed by the Common Council, and Messrs. Moss and Coryell, were appointed the committee on their part-the Select Council did not act on it. The committee to whom was re-committed a report relative to the improvement of the city property, front ing on the Schuylkill, south of the Permanent bridge, with instruction to report by bill or otherwise, respectfully report the following resolution for the considera tion of Councils: Resolved, that a committee of two members of each Council be appointed to carry into effect the improvements described in the report presented to Councils on the 22d March, 1832, by the committee to whom was re-committed a report made in part relative to the improvement of the city property on the Schuylkill south of the Permanent bridge,-and that said committee be authorized to make all necessary purchases and contracts, and from time to time, that they report their doings to the Councils. Respectfully submitted. Mr. LEIPER called up for consideration the report of the Library committee and resolution, which after being amended so as to read ONE copy instead of eight, which they proposed to subscribe to, was passed by the Common Council, but was not acted on in the Select Council. NORTHUMBERLAND COUNTY ASSESSMENT. From the Examiner. LAN CASTER COUNTY TRIENNIAL ASSESS MENT. the Commissioners' Office, exhibits the adjusted valuation, under the late triennial assessment, of the real and personal property, trades and occupations, in the county of Lancaster, made taxable by the several acts respecting county rates and levies; also the sum assessed on such property agreeably to those acts for the use of the county, and that assessed thereon for the use of the commonwealth, conformably to the requisitions of the act of March 25, 1831, with the apportionment of each. The following statement, prepared from the books in 284 11 S07 98 461,585 1,343,724 1,373 84 2,060 76 141,647 785,458 1,101,185 1,120 40 1,680 60 635,638 Drumore E. Hempfield 294,845 312 521 469 08 2,296,864 2,369 80 3,554 70 809,804 828 10 1,242 011 886,924 919 31 1,378 97 1,139,629 1,177 30 1,765 95 1,684,145 1,718 44 2,577 66 $61,670 Lancaster city 1,532,387 1,601 52 2,402 28 64 44 10,080 Leacock 39 94 17,329 Little Britain 55 61 3,127 Manheim Little do. Lower do. 53,766 9 86 215,909 34 60 13 76 Northumberland Point Chilisquaque Milton Turbut 3,224 Manor 51 36 19,048 Martick 327,261 333 22 1,550,045 1,585 78 366,700 384 17 1,048,896 1,062 00 1,708,077 1,743 32 435,515 455 38 683 07 653 86 1,064,254 19,505 Sadsbury 2,385,382 310 41 691 59 299,411 1,068 89 250,016 261 92 1,233,275 1,284 98 980 79 1,603 34 392 88 1,927 47 2,314 68 988 35 1,482 53 1,515,284 1,543 12 $24,698,131 25,370 65 38,055 98 |