New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-11-22

Rail Road, and connects with the BellecntaIae
and indiana, and the Ohio and Indiana Rad
Roadst one running toward indianapolis AMI st.
L0Ris and the other ia the direction Of Fort
Wayne and Chicago II runs through Allegheny
and Beaver counties ia Pennsy lyania, aud Column
bsna. Stark, Wayne, Ashland and Ricbland
counties in Ohio. Al Of these counties are high
" cultivated, popuous and productive, and
greatly in want Of Rail Road facilities Begin
ming in the heart Of the bituminous Coal and Iron
region of Pennsylvania at Pittsburgh, it trsverses
the richest Wheat growing region Of Ohio. Turn
ing the river hills upon the north and running
over the table lands it crosses no large stream
throughout it's whole length, with the single *
ception of the Big Beaver. Bituminous and Can
mel Coal of excellent quality are found in great
pIeuty on and near the line, and fuel for locom0
tiyes can be had at very low rates. The Coal
trade will be very important. The Subscriptions
along the line OF the Road have been sufficient to
prepare it for the superstructure. These Bonds
are issued for the purpose of paying for the super
structure and equipment Of the Road, and they
have the entire property fortheir security costing
completed up to Massillon, s2,O55,000. Ia every
point of view, aS a local road as a connecting
link between great centers Of agriculture and
manufactures, and as great trunk line connect
ing the Eastern cities and the Western States,
the Ohio and Pennsylvania Rail Road promises
to be highly profitable. Its total cost per mir,
when com pleted with heavy rails weighing sixty
pounds per yard, and with more moderate grades
and curves than those on the Pennsylvania Cen
trial Rail Road. of which it is the extension, will
LII a.. Il. IT
Road, which is PAS miles long.from Harrisburg to
Pittsburgh is estimated to cost 50, 100000, or an
average of s37, O56 per mile, exclusive OF equip.
ment This road l85 miles long, is estimated to
cost without equipment, 50 100000, or an average
of sl6,5a4 per mile The MAXIMUM grade in the
most difficult places is forty-seven and half feet
per mile and that oc ours only on straight lines
the grade being reduced on curves, and the mini
mum radius Of Curvation being one thousand feet.
The line runs parallel to the ONO river for only
twenty five miles on which the minimum radius
of curvature is hall mile, and the road generally
a dead level, adapted to be run at very high veo-
cities. The passenger travel between Pittsburgh
and Beaver amounts to about 400 persons per
day without Railroad facilities and it will be
greatly increased with them. The navigation of
the Ohio is slow, uncertain, irregular and often
Distracted, and passenger OH the Railroad
may reach point In an hour, which by steamboat
would require half day. The experience of the
New Haven and Hudson River Railroads has
shown that they are preferred by passengers to
the best steamboat navlgatlons In the world.
Speed, punctuality, and safety will give well
constructed Railroads great advantages over
western steamboats, 1t has been deter
mined to grade and bridge the road for a
double track from Pittsburgh to Beaver and
New Brighton, where it intersectS the Canals
leading to Erie and Cleveland. About eighty one
miles from Pittsburgh and flfty-slx from Cleve-
lands this road intersects the railroad now IN
course OF construction from Cleveland to Wells
Vile When the road is completed to this point
passengers will be able to go from Pittsburgh to
Cleveland, on lake Erie, by the shortest route
in five hours and half; and TO travel by contln
uous Railroad communication between Pittsburgh
and Cincinnati, via Cleveland and Columbus, IN
about eighteen hours. AT the same time itls in
tended to complete the road to Massillon on the
Ohio Canal, twenty.six miles further, the means
to pay for the grading and bridging having been
provided in Starke Co. This will consummate a
highly important connection, and will run through
q county which will raise this year more than
million OF bushels OF Wheat. 1t is intended to
bring the road into from Pittsburgh to Beaver
III July, 1851, and to Alliance and Masslllon i'll the
Autumn of the same year. The grading and ma
sonny under contract and in progress, to be
completed by the first OF April next. The Bonds
OF the Company now 10 be sold are to pay for the
superstmcture and equipment OF the line from
Pittsburgh to Massilon, l07 miles. The estimated
cost OF grading and bridging for this distance is
S7750O0 to which should be added for the right OF
way, fencing, depot grounds, buildings, water sta
tons, contingencies and engineering S2lS000,
making 100000. The entire proceeds Of the
Bonds will be expended upon the line and add to
the security.
1t would appear that safer seven per cent.
investment could be found than these bonds, and
the attention of capitalists will be generally at
tracted by their proposals. The officers of the
Company are:
Director-Wiiam Robinson, Jr, Pittsburgh Pa Fred
efck Lolenl, Pittsburgh, Pa; James Wood. Pittsburgh,
Coumbiana County, 0lio Arnold Lynch Starke County
Ohio John L 1i,, Wayne Ta County ohis
Secrcfdry-Joseph J. Brooks
Te0sWer-Wiiiiam Larimer, Jr.
ENGINEER DEPARTMENT Chez Engineer-Solomon w.
Resident Engneers-Edward Warner, Eastern Division;
Jesse r. Struughsn Western Division.
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Markets. CAREFULLY REPORTED FOR THE TRIBUNE.
THURSDAY, Nov a.
ASHES-The market is active for both sorts with n
good degree OF hrinness Sales Of 200 bb 11 Tor Pots
and ir 81 for Pearls
COTTON-Ths staple is very quiet with rather irregI.
lar market, and sales Of 400 bales
FLOUR AND MEAL-Our market for The low grades
OF Sute and Western Flour opened heavy hut with good
speculation Al the close there better feeling appa-
REM. Ganadaa 10 m moderate demand Ct 62i q 684
WIN sales OF 800 bbs Tie sales of Domestic reach 800
bills al 1894 "A for No supefne 683di IS for com,
mon 10 strait STATE 6S304 u for mixed strait Mich.
gan Indiana and Northern Ohio, and $565 o. for pure
Gcnesee. The better grades are more active and
southern is irln sales o4oO bills at s55 2 mixed 10
about Zoe bbls sold at 62& Corn Meal is dull small ssi
Of Jersey al ~ and White Brooklyn at 5 SIT. Buck
Wheat + IN good demand al 50dS2 p 100 bS and $50
GRAIN-The supply of Wheat is large and is rather
pressing on the narkei but little prime Offering and Gang.
uhl ~ ptIE ana lnIhtI with only
ma1d sales Of 5000 bush good mixed CANADIAN in bond.
at lO5ci SEQ do fair red Southern Sic ard 600 do Gene
see one halt common (growH l6c and the residue on
pnvae Terms Corn is in fair demand and lie marker i
steady sales OF 1900 bush at oc for old white Southern
IN store; 7t3c for Old mixed Western 65667c for new
Southern yellow, "a for heated do and SIC for damaged
P r. Barley Is better and good demand sales
OF z6UU bush prime iOurrOwed l04c and 200 bush do
on terms not made public Oats are very r and in good
Seisnd al +5tl 46e for northern, for jersey
lot OF 4WO bush prime from Prince Edwards Island sold
al &c Ryeis shade better with fair demand sale, OF
lp6gq bush at 8l08lic, par to the inside fgure