New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-07-31
,,,sd s,,,un and ~ TO 20 cars. ~

10 the car Transport daily abo a 1870 0OO feet This
10 loaded aud un'osded by ne owners. who pay the
railroad Eve hts thor sand per mile for the msro
transportation Dgio tram thus earns daily
$3.50 while me pas .enger train earns about $50 per
day from mahsH a travellers together aboat $4,000
per sonth-H an expense Of 81 400 per month,
from the w business of two tltbs Of she road
actually r>cre than the Western Railway earned
IN le03 between Worcester and Spring ield. As
the Jade descends from the summit level to the
axe, single engine can take oORn with ease
800 900 at q trip, and return with the empty cars.
We are told at Chsteaugay there are nearly 100
mills near the railroad, and that they saw nos tar
from million feet or 1000 tgns daily.
The easy grades on thls road, riaing bat twenty
six feet u the mile on the tine Of its main trAhi1
west 10 east mat help It materially aud WOOD,
which costs here but one dollar in the tender, mdss
make running cheap. Al MoOrstO"D' iOlr1een
miles rom The Lake, new survey crosses tne
road, running from tho Lachine raEa AMI rloids
fifty two miles TO 2 ausburg. This untes tlatts
burg ~ Montreal ard the Ogdensburg line Inc
travel from Montreal TO Upper Cansds WIN DC
turned into this channel az the ne F" route co""o
ing with the egdensburg VIII orihs mouIo1
within four and a quarter hours OF Osdensoar5
At present three daily lines OF steamers run Oh tue
| ~ Lawrence betw cen these points, estimated TO
carry five hundred passengers per Gay lae ave
rage trip up IL sixteen TO eighteen hours ana egnt
IN he down viii not saving OF two thirds the
average time and moderate fare, transfer more
than half OF these 10 the OgdeDsbarg
Certain things are at the first blush obvious and
ipoontestibe. The abundance Of fdel, the direct
ness Of the line almost without curvature and the
remarkable ease Of the grades, make it certain
that i, can be run faster cheaper, and with less
charge upon the freight, than any other line in
New EDgiSnd.
The line BIS great capacities 1t may run cheap
from the amount OF It's way traffic. The forests
its eastern slope offer inexhaustible supplies Of
freight. The western half OF the line, from Malone
10 the St. Lawrence is settled with population
as dense as On the Fitchburg-at least thousand
T. the mile. 1t passes by or near large and -four
ishiDg towns such as III alone, POtsdam, Canton,
Stock holm and MADRID, having each four 10 SIX
Thousand inhabitants, and through rich and cult
waited district, crossed and watered by many
streams Astounding in water power, and hoatlsg
down from the wilderness abundance OF pine cher
ny, a,h and rock maple to be sawed into lumber
Again. if the w estern Rail way, with line cost
ing at least $4,000 per mile, with grades o. SO ieet
restricting the loads to Is tuns, while the Ogdens
burg is competent OF 30O-can carry Flour from
Albany TO Boston at % cents per barrel, and pay
expenses, the Ogdensburg can make large profits
st the same prices.
Again, il the Reading Railroad, costing $4,000
per mile, and with an averageloa Of two hundred
tuns u and down, can carry coal with a large pro-
fit at and six tenths cents per gross tun or one
and four tenths cent per net tun a mile, then the
Ogdensburg costing eighty -four per cent less-abe
10 maintain the rame average from lts immense re-
sources-can realize large profits on It's through
business at similar rates Butthere is no necessity
OF adopting such rates large portion Of It's traf
fc. IL can command the lumber Of itE forests, the
flashes and the lumbermen's supplies, at four 10
five cents per un mile, and the local travel at
cents per mile. At these rates, passengers Will
GENE in by plank rosds building from the large
towns Of Canton and Potsdam, TO connect with toe
Railway, and this local trade is the largest and
most nelienable business OF the line.
Again, there is population OF at asst five hundred
thousand on the shores of AXE Champlaln and III
Vermont New. Hampshire and MASSACHUSETTS, on
the line Of connecting railways, which depend upon
the West for -four and corn, and can best receive
them by this route. They require annually more
than half million barrels of four or its equivalent
in corn, and can pay more than the through price
At a late meeting Of the directors of the Mchi-
gan Southern Railroad Company, the Hon. George
Bliss, of Springfield, Mass, was reelected Presi
dent Charles Noble was appointed Secretary, and
Edwin G. Ltob6ed Treasurer OF the Compan
This Company is going on very successfully in the
work Of extending their road TO Chicago. Several
cargoes Of iron for the section Of new road between
HIlsdsIe and Cold water, have recently arrived at
| Quebec, whence it is shipped to Monroe and Toe.
| DO and will be laid down upon the road within the
ne sixty days 1t ia designed 10 open the road TO
Coldwster by the first day of September. We
learn that at recent meeting OF the board OF di
rectors the route OF the road west of Cold water for
{ nearly thirty miles was definitely located, aud the
work from Coldwater to Sturges, dittance Of
twenty five mef il under contract, 10 be com
pleted and opened for during the fall OF the
pref ent year The iron for this section Is already
purchased. The road, when completed to Sturses'
| will be within twenty five miles OF MoEsv1le, Ia
Michigan, and Bristol, 10 Indiana near Shloa place
il will cross into the latter State. The Lqporte
| County Wig and other Indiana papers contains
the proclamation Of the Governor OF Ini'ana, an
| nouucDg the legal organization OF the NoF'hern III
| dIara Railroad Company, and It's comp tance WIN
the reonirpnoent. of The act under which 1t is III
/ corporated. The latter compaBys roah ekeends 10
| Michigan City ard beyond that point the Mich-
| gan Southern road, operating under the western
Sivison of the Buffalo and Mississippi charter, is
already at work and has twenty miles under con
| tract TO be done by LIST Decent next. Thus llnk
/ nv link the Michigan Southern Company Is com
nietir lis road from Lake Erie TO Chicago AMI il
will be but short time before passengers from tho
! Fsst leaving New York for the Far West, may
travel by the Erie Railroad TO the Lake and on the
south shore Of Lake Erie 10 Toledo and Monroe
then passing over the Michigan Southern road to
Chicago, may continue on upon the Union and Ga
lena road to the Mississippi; while freight aud pas
seDgers from the immense north western regions
will find their way over the same thoroughfare 10
New York and the other Eastern Atlantic cities.
fiarkets..CARErULLS RsPosrzp roR Fas TRIBUNE.
TUESDAY, July 80.
ASHEs-Are firm for Pearls ard steady for Pets Saes
J $50 bbs al s. d6 90 for Pearls 6 Is fo- POS
COTfON-Is without change and he demand Ia mOder-
ate THERE'S rather leIs Offering than day or two pat
/ Sales |, a bales
Current Prices JoT Liroposl Classification.
Upland 80. 4 FlorldA- \. Or 3 TsI.
! Inferior ............... none none ll40Iii
| Ordinary =. ...........l2 al2i y el2l l2l6l2s
! MiddlinR,s Recommending l&0iS4 IL bl5l
! hiddhDg FSr........lSt0l3i lSiGl3s St0l4
| Rair ...................lSi0 nom ils 9l4t
/ Good fAr............ nom. nom. nom.