THE FLORIDA CANAL

 BULLETIN OF THE SHIP CANAL AUTHORITY OF THE STATE OF
 FLORIDA, JUNE 1, 1936

 Comparative commerce for 1986

 Name of canal Cargo tons tasel
 transits

Florida l..-....--........... .......-...-- .-- ---..-- ..----- ...- ....... ..- 48,230,000 10,350
Sue ..................... --------------........--.......... 27,341,000 5992
Panama'...... ------ .. -.....-.....-........................ 24,701,000- 5,062

' Pased through the Florida Btrait8 and would have passed through the Florida Canal.
SPassed.
 BASIC DATA

Purpose: To effect increased economy and reduced hazard for commerce between
 the Gulf and Mississippi Valley States and those of the Atlantic seaboard,
 and trans-Atlantic ports, and to provide for the national defense
 ECONOMIC

 1. Time saved, New York to New Orleans (round trip, days)---- 24
 2. Average annual available vessel transit ----------------_.- 13, 303

 3. Nature and amount of potential benefits:
 (a) Average annual direct benefits to shipping. ---------- $13,026, 000
 (b) Average annual indirect savings to general commerce--- 25, 513, 000

 4. Total average annual potential benefits--- -------------- 38, 539,000

 5. Construction cost--__-------_---- ----..------.--- 142, 700, 000
 6. Interest during construction (3 years at 3 percent)----------- 12, 843, 000

 7. Total cost----------.. ------------- --------- 155, 543, 000

 8. Annual interest on total cost at 3 percent---- --.--------. 4, 666, 000
 9. Annual maintenance----------------------.----- ----- 660,000
 5, 326, 000

 10. Net average annual potential benefits--------.------------. 33, 213,000
 PHYSICAL

 1. Distance from Atlantic entrance to Gulf entrance
 .----.----------------------------------nautical miles-- 171
 2. Length of central cut section-.---------------------- do--- 32
 3. Depth:
 (a) In rock (with 3 feet overdepth) -------------f-feet-- 33
 (b) In earth (with 2 feet overdepth)---------------do-.. 33
 4. Bottom width:
 (a) Sea approaches--------------... --------..--.do.-- 1,000-400
 (b) River channels------ .. --------.----------...do--- 400
 (c) Cut section -..-- -...------------.---.------do--- 250
 5. Time required to transit, lightship to lightship--..----hours.- 25