New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-01-22


ar Ncal then gives brief history OF the road
The Act incorporating The Phlaielphis ard ResdlHe
Railroad was approved April 1885 l. Authorizes -ub.
sp,ors TO the Of 20 coo shares Of $50 EACH he
r opinl OF one million OF dollars with RICH, TO double
. ii uecesssrv.
Tu.s charter l. permaneuL
81 an Ac.passed March ST. 1887 sGthchy was given TO
extend TIE Roes TO ron Clinton also 10 ncresse the cap
STOCK 70 aav amount necessary for sucn oxens.yn ald
he purchase oi machinery 10 operate 'As EosG-
b, another Act approved Merch ~ ieSb tLe hchi !-a!
me- Road was opeaed between Norrsovn and Readae
ru ,. i6,G lnlg .5's ana between Ncnsio"A am ff4
A t,is tine the reported sexual CO., Of tie Road was
s.5cenoo. and The estimate Tor The whole line with 10
Il calculated that would Obtain business OF - &C.
.uus merchandise 1900 passengers and 100000 uns ci
cool annually, and that lns would yield net revenue o.
GilhOn of dohafs -,
Carbon and MAY Of the year, that the connection
was completed with Richmond
ne 10 the tide waters Of the Delaware a. Richmond, s..
mics above Philadelphia Hna ~ i5Nin ih 20 sea sea co.,.
The rails IN use are oi . o. IS gia ~ los 70 ne NsI-
tcnr SSjs tuns. i54. mies OF IS To- which have beer
iowa /. wears 35l7 uns II Ecs OF 81 los have teen
/ 1892 tuns or IS miles OF 60 lbs from 10 wears
Therc hTee tunnels Of go l60 and lsii feet eNes-
waited through solid rock and arShed Tor security iIo1
falling stone, and one under Ihs Nouso"n AaIoaa OF
On Il. whole length there are ls stone, Iron and L
wooden bridges over road ravnes aud waller iolS
ength sOi6 which c9 feet stone S67 iron -d
he otiers being permanent and requiring no repair
ae latter vii te he Ony subjects ci eNrHoidiLaiE tN
reuse The bridge 81 Ph~niNvil- being new WI uo' re-
QTe 70 be replaced Tor some wears The rest NAY PROD
ably te rebuilt from Tie fund provided Tor rcne~as within
De neat STA or seven years ~ stone o. wool as rtN .
deemed eNV-iet without taxing what may ee re-
qurrd ioT other purposes The Reading Road connects
VIII he Mour, Cnfhon Railroad and The Mount Carbon
srd Pon Carbon Railroad. 81 scnykli raven WIN ne
Nine Hil OF West Branch aud al Port Clinton with IAt
4 ScldNIkl NNSO TIE Noffe soNA tt4iNta d
Consehockeu and tie STATE Road n The fss ihe hfsi t
sni Tie later mics um Philadelphia aud Is thereby cou
nec,ea with that city Indirectly = has o;her AID very l
Al Reading the Company owns large tract Is ac-es
u! ground distance from The town, on which hey
AVE freight house In he south par OF ne
tuwn they have i've NOR, winch are their manu-
fsciurup aud reuar shops There now employed ~
thvse Stops IN he repair u engines and cars about -
The Tnp Hammer Shsp including building. machinery
engine three hammers snd furnaces cost s7iS =
The Fouudary including building, two eGpo,a. fans
power cranes &c cos; s{l'S and must Re CONSIDERED
Al Poustown s,e ne pracips! sbops The repairs Of
;he uaok ard tTGges and ~ extensive building OI h0u
A. chmond there : iargc ergire boa.e end rsscaue
chop icr common irpSiys Tas = also NE siprs pen
Cor ~ Goa going by SEES OF causi from he kNlrosd
There fourteen whsryes, eSpsel- o; holc.ns lsvt
tuls of coal and having rs ior N SAL o. vessels ~i-
may AZ be oGdins {! one time either 10y means oi su"s
~ Vsrows
par; CT he holders OF The Nhs1ve- a. les. ileo ~9S
sud Company enough C: water oai here 10 ouid
~ mere wharVes, iaH would bring Up he capacity 81
The number q men employed u he work.sops hiss been
.edaccd from III IN June. 1913 20 $o N Nov 1919 Snd
ther monthly wage from So 81 70 SiA6eQ
The relations o The Reading with The aiera Toads sTe 8"
he most Friendly character. WIZ he Mount IGrpph a.
Por Carton there a. existing contract which expfcs
next Nav bv which lie Reading Railroad Company lA.r
he oi Tue tracks engine hc0sr machine shop "et-,
Is apparatus and oinee, Tor "l-ea icy =! ~ ht
Goo pct and if sdiuon operate lne Toa1 wax
= kept IN Fepar hy the Mount CsEboa AID PoLt t@fbon
Railroad COMPANY The Nsiey snd The NIL CrevE sis
Sl>o worked ey the Eeading-osue-y 81 an '-se f
q cent PEI sau 80 sr TINS PToSSly 400
The Heading Rssiroad supplies for al DE cos.
brought upon ;hef rad from ue AierS Io-Ss "l'o-'
charge The Cana Company do Re same
The Great dram Il l. hoped has cssscd Enormous rse
Of eres; touds SOD az hsf their nouinS ,Aae com
missions brokerage and similar ehs'ges 0ssA % ee -
heard Of forever IN TIE aan2s q me leading RAJ
Bst he go.d q the brdscs the rails, he engines an
m cas- rus. ee perceuGed and hat has been prordec
Co hy Renewal Fuad lhal vii e-eei Is oolee, sor
s,one II may a. he consumed within he wear Beyond
Years Il VIII - Constantly increasing .sld e.
Tess~ WI DC eu, one reason 10 astiy AZ "a al ~ -
Construction Account spitA Of tn koed 40 Ia =
eae We ,a&l gladly s1saiL Arge inereAse u essisss
a. al sedarooel business oi eeoN 2ns "o-.~ ~.
etoGt eigaseen heavy ong.uee aud i-N cas- Wa4ch I
e0 sngs sc soeoHsnoda'o them aud new whATves a. hSA
rs - accoe moda'e he new ra!hc would eas es' Is
>,eo waich n rIcsen; rSies the prohi wo0id oe no
"a, ton ssc@eo. OF 81 per cent Per snnuna -, -
Wacsvcr .his may be me case he pront may iA-fS p.
divided es,ween e road AMI The consumers Of Goa OF u
othe- wosc~ soso lay be apProPrA5d 10 reiSei,.
Of The Rce1 ~ alnrse remuneration
Nj Neal Thea go~s into examination Of various cut
le,s for the Coa Of PeursylySns- and hc liability Of ie
Reading Road to competition In relation 10 nc Sehuy-
IN Navigator ConpSEy NJ ssys
Tee rvalrv between the Reading RSosx and se Sehuy
s Navigation Compsny nav he considered as 81 an end
Tsy sre both Acrag TIE good pr-ncipes o. eVr
-, s.ss ana In view u former evils Hnt Presc7i pros
rss !, VII be AIR calculation suppose nat oere~-hf
H any ouesnOn shall arise eesyeen the ihey vii BE sao
r-i ~ IMPARTIAL Abilers -sEh-r ihan devote TIE Interests
III tber creditors and teF shareholders 70 ine eNa-l
doom oi commercial warfare
The rosf of ,he Road stands Alarming s-re2NSi
sgx.ren -hons for less thar TIE herdret uics oi hs
80 4. erorgh 10 eeser inary Investing even a.
grea, Discount L = s1l more 70 e fearsd i - 81
her expepaed not IN making the fsa3 bar N rSisinE ne
rrears % make a. Nevertheless he-v 10 snobef NeN
this matter The facilities Of rs easy snd uniform ra1ts
haf ere rot 10 be found any other rad OF eas
he advantages OF It's locsoa cecnpytn - coes a. ne
.N.i abe space In The valley Il passes uro0gt and ne
OF IL resources for business IN can never ~