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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001169232-05-003247.txt : 20050623
<SEC-HEADER>0001169232-05-003247.hdr.sgml : 20050623
<ACCEPTANCE-DATETIME>20050623114041
ACCESSION NUMBER:		0001169232-05-003247
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050613
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20050623
DATE AS OF CHANGE:		20050623

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANAL CAPITAL CORP
		CENTRAL INDEX KEY:			0000101821
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		IRS NUMBER:				510102492
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	002-96666
		FILM NUMBER:		05911792

	BUSINESS ADDRESS:	
		STREET 1:		717 FIFTH AVE
		STREET 2:		SUITE 407
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2128266040

	MAIL ADDRESS:	
		STREET 1:		717 FIFTH AVE
		STREET 2:		SUITE 407
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED STOCKYARDS CORP
		DATE OF NAME CHANGE:	19881027
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d64341_8-k.txt
<DESCRIPTION>CURRENT REPORT
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of report (Date of earliest event reported): June 13, 2005

                            CANAL CAPITAL CORPORATION
               (Exact Name of Registrant as Specified in Charter)

          Delaware                       2-96666                 51-0102492
(State or Other Jurisdiction of  (Commission File Number)     (I.R.S. Employer
        Incorporation)                                       Identification No.)

                      490 Wheeler Road, Hauppauge, NY 11788
                    (Address of Principal Executive Offices)

       Registrant's telephone number, including area code: (631) 234-0140

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

(This document contains 2 pages)

<PAGE>

Item 8.01 Other Events

On June 13, 2005, the Company sold approximately 25 acres of land located in
Sioux City, Iowa (formerly used by the Company for stockyard operations) for One
Million ($1,000,000) Dollars. This was a cash sale which generated operating
income of approximately Four Hundred Thousand ($400,000) Dollars and will be
included in the Company's third quarter operating results.

                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                         Canal Capital Corporation
                                                 Registrant


                                         /s/ Reginald Schauder
                                         ---------------------------------
                                         Reginald Schauder
                                         Chief Financial Officer
                                           Secretary and Treasurer

Date: June 23, 2005


                                        2
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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