The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-30

are sufficient to shew that coal trade yet In its
infancy and that every work Of internal improvement
whether II Is railroad canal, Will, from this time
forward be its utmost capacity for tbs trans
porstion of that article The Reading Railroad Com
pany been compelled to add largely to It's motive
power every year the sshuylkill canal has, within
the tast year or two been enlarged the capacity Of
the ehigh canal and the Delaware and Hudson canal
has been considerably increased and the Morris canal
Is undergoing important improvements such as will
enable the company to accommodate larger portion
ofthe traio Offering The position Of this work, it's
eastern termination being in the greatest market
this continent and Its western termination at the out
let Of the Lehigh canal the Delaware river, run
ming through State which Is OF the flourish
Ing In the Union regards manufactures, and con-
Stunning large quantities Of coal Is calculated to
make 1t, with judicious Of the m ost
productive connected with the coal trade 1t Is the
only one connect ng this market, directly, with the
anthracite coal region OF Pennsylvania, and 1t
must, therefore command all the coal traffic its
capacity will accom- odate The Lehigh canal,
last year. brought down to Easton nine hundred
thousand tons Of coal, than enc half OF which
was consumed in New Jersey, along the line OF the
Morris canal and in and east OF the city Of New York
Full five hundred thousand tons out Of the nine hun
dred thousand would have come through the Morris
canal had its capacity permtted whereas only about
one hundred thousand came through all of
which required for consumption in Newark and
along the line of the canal Not the 1,st ton came
to New York in consequence of the canal termin
at Newark and the limited capacity Of the work pre-
vented the company from extending it's business
The Merits canal always has been worked full to
its utmost capacity and 1t always will be. II iti
capacity by the improvements now going on, sho aid
be equal to million Of tons 1t roald be fully en-
ployed.
The receipts at the Office Of the Assistant Treasurer
Of this port, to-day, amounted to S7l O74 AZ; pay
ments, sl2o,li7 5o-bslance, s4,2So 493 20.
At the second board to-day, the market through
out mere buoyant than In the morning Erie Income
Bonds advanced 4 per cent; Indiana SIS 4; Ports
mouth Dry Dock, y; Harlem, q; Reading Railroad
-; Erie Railroad, y; Norris Canal, III Canton Com
papy, 4; Norwich and Worcester, q. The tendency
at the close was upward and the indications are
favorable for active market during the res. Of the
week.
In reference to the remarks made few days since
respecting the New Jersey Exploring aud Mining Co.
we find their objects to be more extensive than we
stated This company possesses large tracts of the red
oxide of zinc and Of Franklnte in New Jersey from
which they extract metal Of chemical purity, and
almost rivaling silver In lustre being we'll calculated
TO take the place of German silver The company
prepares from its minerals white, brown and black
paints, Of great beauty Their works at Newark al
though in full operation unable to the grow
ing demand for their products and it is for their fur
Their extepsion that the additional capital is now
wanted 1t will, no doubt, be mediately taken up
The Reading Railroad Company brought to tide
water On Saturday, the Goth inst 9029 tons OF ooa
the largest days work in the history the
equal to co coo tons per week.
IL is stated that seventy cotton and woollen
mills, all, with the exception of three within thirty
miles OF Providence, II, l., have in consequence Of
the high price Of the material wholly or partially
'uspended operations. Many Of these were manuia,-
turiHg printing cloths. The New Bedford and Oxford
mills, within thirty miles of the city still in opera
tion. The manville mills running half time The
mills at Pawtucket running short time The mills
at Naisck are running out, and will stop in a fow
weeks and many other mills are preparing to stop.
The duties collected at the port of Quebec, from
Jan LIST, 1850, to the 10th Of October, amounted to
s2Sl1c3 while the amount during the came period
last year $751; 675 showing an increase OF s53A2s
or about 90 per cent during the year.