The New York herald., 1845-10-23
cE'rr. OF % Tar BALr,MonE ASD oa,o RAnoAD coarA-

These returns show largo increase every year, and
amount to two hundred per cent within the past ten
years The increase in receipts from passengers has
ceeded that from freight The company have very
extensive arIsng emsnts with the numerous large min
Ing companies in the vicinity Of the road for the tran
sPortation Of coal and is anticipated that within
years the annual quantity transported will not be less
than 100 900 tons.
The Maryland Mining Company have entered into
contract with the Railroad Company to transport apnu-
ally 81 500 tons Of coal Efforts been made to ex.
tend this road to the Ohio river by some practicable
route TO terminate at some important point that river
out SO far they have been unsuccessful law was
passed by the Legislature of Virginia. at its last session.
authorizing the company to extend its work to the Ohio
river, to terminate at Wheeling but the route indicat.
ed by that law considered mpracticabe for any
useful purpose and its other conditions were SO enerous
that II was almost unanimousy rejected Efforts have
recently been made to extend this road to PsbuIg
ana convention was short time since held in Pennsyl
vana composed of delegates from the western part of
the ste for the purpose of adopting measures to obtain
from the Legislature, the passage Of a law.
authorizing the company to extend through their
section OF the State 1t stated in the last annual report
oil the Baltimore and Ohio Railroad Company that the
construction of canal, leading from Cincinnati
through the State of Ohio Lake Erie has already
diverted very considerable portion of the trade of
tho valley of the Mississippi IRON Philadelphia to
Now YORK. Merchandise has been transported from
the latter place during the present season. to Gin
chna' at much lower rate than would have cost to
the same point by way Of the Pennsylvania canals and
the Ohio river The completion of the railroad from
Cincinnati to sandusky on Lake Erie which is now in
active progress, must inevitably divert the stream OF
travel from the great West to New York and Boston
and will scarcely be denied that when it reaches those
cities, the inducements which will be held out to mer-
chants in their purchases there, will be quite sufc lent
70 prevent them from going to Philadelphia whereas on
'he o'her hahd H. by the completion of the Baltimore
ana ONO Railroad to Pittsburgh the travel is drawn
towards Baltimore, whatever benefit may result her.
very large proportion must undoubtedly accrue TO
Philadelphia In this particular least the interests of
the two cities are Identified and, instead Of regarding
each other with jealous dsrust, they should bo found
uniting with hearty and untring energy against the
efforts Of their northern rvals-New York and Boston,
The loan of six per cent for the purpose taking
stock in the Washington branch road now placed at
SlO0o00o instead Of $685. 0O0 it in last years
report stated the board having ordered that the
Of bonds which were cancelled and for which a sinking
fund was commenced in October, ls43 should be re
stored and placed in position to accumulate by the
quarterly interest.
The debt of Messrs Barngs stands sl53 7os 95
being 900 less than at the date of the last report
The actual of the company on the first of
October, lsI5 were $ annexed.
FINANCES OF THE BALrIMoRE AND Ono RAILROAD Com.
Cash in bank. sls4677 ID
Less belonging to the Washing
ION ROAD sS.303 45
Leaving. 500 $3.50 81
Glty STOCK on hand 0096 SO
Debt due by the Washington branch road
which is the same cash ........... coal Is
Borrowed from the revenue for the purposes
of the coal trade, and to be refunded out of
that trahe SllSSO3 93
Less amount received from that
trade .................. 2s,2O2 %
90 Col 90
Making .................... .S233, ,l07 9s
And to which may be added the dividend of 3
per cent to be received from the Washing
ton branch road .................... 3097S 90
Total resources, Oct. /, lSt5 .3264 OSS %