Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1830-04-17
ALEXANDRIA, d. c.
. ,,r,Rn3Y MORNING. APRIL IL. 1850.

-
n, ,be 1st February last, the price quoted was
90. 500 advance on ego paid. On the 9Th,
,,.y had declined to So a goo.
.jT,;. reduction in the market price was proba-
~. .,r.ed BY an estimate published, by which it
.o,rsd that. in all likelihood, the dividends on
~ y. h;.,b mice would not be more than 81 per
.eut.
.rbe estimate was founded on the supposition
l., the Road, with all its expenses, up to the
-, December. 1850. with the engines, wagons,
.,rebouses. wharves, sc. &c. requisite for trans
,o,t;pr goods and passengers, would be above
~, h,qsdred md forty thousand dollars per mile
rbe rate of freight allowed was SIS. Sd. per ton,
.na for passengers SIS. sterling for each. The
.,,imated distance is 81 miles.
Those who are disposed to make comparison
-. ~ the economy Of transportation on Canals or
Gail Roads, will bear in mind that the recent tri-
i. nave been made on this very perfect road, and
,b,t the engines have been made by men of the
irs, mechanic and scientific talent, and in the
most perfect order.
Instead of taking this far oil, and, as yet, un-
,;,d work. As our guide, we will take the Mauch
Cbsuk Rail Road; and, as the published expert
,Dce Of this Road has not been got up for effect,
,.yOnd the interest Of those concerned in it, we
,o,ybe confident that is impartial as to any de-
factions which may be drawn, in comparison
Gh the Canals which are, or may be, in opera
qOn-or, if this is not agreeable, we will take the
;,Ockton and Darlington, as the newest and
most perfect Rail Road which has been in opera
non for any length of time. We heard much
more Of this Road whilst it was Re,c and little
ussl, than we lin the present day.
We subOin the following from the Liverpool
tbion on the subject of the Liverpool and Man.
chester Rail Road:
LIVERPOOL AND MANCHESTER RAIL ROAD.
TO the Editor of The liverpool .7ibion.
SRA nglicanus' has withdrawn from our
Jurisprudence upon the above Railroad IN a
bad temper, and, think, rather ill-naturedly.-
| Ne minated in his second letter, that certain
information which would enable M to come 10
0rreet conclusion as to the probable profits and
e,umated cost of the Railway, was TO be obtain
d with little trouble. l then proposed some
questions to him by way Of getting at that know
edge; but instead of furnishing me with it, (al-
hUggh to him so easy task,) he doggedly With
lavs. and tells me 1 know nothing of the sub
ect which have been writing upon.
As. Anglicanus' refused his official information
[must endeayor to come as near the cost and in
come Of the Railroad as pretty correct KNOW
edge Of the quantity of Business and passengers
passing between Liverpool and Manchester will
enable me, assuring my readers OF one fact, that,
il have erred on either hand, tits in favor of the
Railway.
DIR.
Probable cost of Railroad, including
salaries paid directors, expenses,
wharts, warehouses, engines wag-
Ons, &c. to be valued on the Slst
Dec. 1850 e1,O00, 900
Vet. at per cent. $4,000
rOnna5e rate on 500 tons per diem,
ATS. Sd. 917,l6O
Passengers 400 per diem, at SIS. 1870
Leaving deficiency at 5 per cent
Of 14,12O
g50.OOO
the future salaries of directors, treasurers,
gents, clerks, &c. together with keeping OF the
road IN repair, new engines, new wagons, and re-
alr of old ones, together with other exigencies,
Nul require all they will ever receive for the ton
mage rate of minerals. In fixing the amount OF
HII at IS. Sd. per ton, have been governed by
ne rate charged on the Bridswater Canal, the
Nersey and lrwell is something less which
consider fair criterion; and, as at least two
9fd' Of the goods passingare of that description
na' viii 90 by water. | have given nearly the
whole OF the remainder to the Railroad. II
am IN errTas regards either the quantum of bu'
Sness or the amount of tonnage rates, sAngllca-
nus will no doubt, set me right. If l am not,
mePubllc will at once see the improperly OF pur
'aa'lns shares at the present high premium.
HIBERNIC US.
VII. Ca. Wicki6s has replied to Mr.. Chiffon
al great length" as the reporters are won
y @y' on the subject of the expenditures OF TIT
government As it is probable Mr. Chiffon vii
'0nsume quite as much paper in reply to him. W.
must decline follovinu the gentlemen any fur