The Hobbit

The Hobbit
J.R.R. Tolkien
Adventure
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Bilbo and the barrels float into the Long Lake and to the bay of Lake-town. Bilbo releases the bedraggled but grateful dwarves from the barrels. When Thorin announces the company's arrival, he creates a stir among the citizens of Esgaroth the lake-town. Some remember ancient prophecies and legends about dwarves' return to the Lonely Mountain, but others do not and treat such talk as foolishness. The Master of the town, for example, does not believe any "king under the mountain" will ever appear. He is welcomes Thorin and the company because he does not wish to create any more bittterness with the Wood elves than already exists. Still, popular sentiment runs in the dwarves' favor, for many people in the town expect Thorin's arrival to usher in a new age of prosperity. They treat the dwarves with great favor, even though the dwarves do not entirely embrace the high expectations some of the men hold of them. Thorin, however, "looked and walked as if his kingdom was already regained and Smaug chopped up into little bits." The Master of the town, upset with the disruption the dwarves have caused and eventually suspicious that perhaps Thorin really is the rightful heir to the dwarf kings, is eager to see the dwarves depart for the Lonely Mountain, where they expect to reclaim what is rightfully theirs. 
In this section of reading I have discovered that wood elves they cause a bitter feeling in people.
This developed an unpleasant relationship between the wood elves and the dwarfs.

I think that what I read this section was important in a way because the dwarfs finally come to their destination.
My recent reading has fulfilled my expectations
I expect that the dwarfs and Bilbo enter the mountain and fight the mighty dragon
I am very satisfied with what I have read. It was interesting and fun to read.

"He had never thought that the dwarfs would actually dare to approach Smaug, but believe they were frauds who would sooner or later be discovered and be turned out." Chapter 10 page 199
This quote tells us that the dwarfs finally grew enough self-confidence to fight Smaug and never give up.