1085, 1022, 1047, 1146.

*Dated July, 1847.

$131,323 34

B.

CAPT. W. H. SWIFT,

CANAL OFFICE, Lockport,

December 17, 1867.

Pres't Board of Trustees of 1. and M. Canal:

SIR-In pursuance of the regulations of your board, I have the honor to submit the following statement of the business of the canal for the year ending November 30, 1867:

There has been a large falling off in the item of tolls received, as compared with the receipts last year from this source, the amount being $50,727.26 less. This is attributable to the prevalence of low water in the Illinois river, from the latter part of June until the close of canal navigation, causing a more serious interruption of the river navigation than has occurred since the completion of the canal in 1848. The sharpness of the competition for freights with railroads, and the inferior quality of the corn crop of 1866, have also had a very sensible effect on canal receipts.

It will be seen that, under the head of "maintenance and repairs," the expenditures are much greater than in any former year. These expenses include the most of the cost of rebuilding the trunks of the Aux Sable, Fox River and Little Vermilion aqueducts, as well as other important repairs and renewals, the operations of the steam dredge for the most of the season, and last, but not least, work done for the city

of Chicago-mainly pumping, to cleanse the river, amounting to $20,743 46.

From the account of sales of lands and lots this year, it will be seen that this source of supply is about exhausted. Only 134 23-100 acres of land have been sold, for the sum of..... 63 town lots have been sold for....

Total.....

$805 38 9,050 00

$9,855 38

The quantity of land remaining unsold, as per detailed statement, is 1,887 49-100 acres, but the ownership of 160 acres of this is disputed. The valuation of all the lands unsold is but $9,119 20.

There are 230 unsold lots altogether in Lockport, Joliet, Du Page, Morris, Ottawa, LaSalle and addition to Winnebago, valued at $30,557 50, but they are mostly unsaleable, and 41 are reserved from present sale for canal use.

The accompanying statements will give in detail the usual informa tion derived from the annual reports of this office.

Statement A. is a list of officers employed by the board of trustees.

canal lands and lots sold during the year. articles of property transported upon the canal, with a comparative statement of some of the principal articles shipped for the last fifteen years.

the rates of toll for the year 1867.

All of which is respectfully submitted.

WM. GOODING,

Secretary.

.)—List of Lands and Lots sold during the year ending Novem

ber 30, 1867.