The New York herald., 1850-12-25

satAs first named Is concerned, the prospect Is SO
nsttsring relative to the produetvsnsss Of the work
that large dividends ON present cost wfli without
Doubt, hs realised by advance In the market value
Of the stock. The landed property Of the Canton
Company Ii incrsasing In value but 1t declares no
dvdeada IT is noa very active stock and has not the
basis for speculative movement OF much Importance
Portsmouth Dry Dock has been quiet for some days
but holders by no means disposed to realize 1t
win be Of the most active stocks on the list upon
the opening Of the spring the margin for rise Is
probably greater thansn any other small stock on the
market Holders know this, and govern themselves
accordingly. M
The receipts At the office Of the Assistant Treasurer
Of this port, to day amounted to s62oas payments.
$S,028 79-Balance s3,11o,232 81. This balance will
be largely reduced the I'd Of January 1884, by the
payment Of interest the government debt Interest
dividends, January 1bt 1851, l05 5s4 IA; coupons
do, s220 OOo--Total, 81, ,325 5s4 IA.
The Broadxa Insurance Company have declared
dividend of eight per cent.
The Tradesmens' Bank has declared dividend Of
three dollars per share. ,.t.fr
The Chemical Bank ha, declared . dividend of six
per cent
The receipts on the Columbia and Philadslphia Rail-
road for the year ending Nov 80, 1885, se3s2ss
2s expenses $265 072 22 net earnings, $S62 S95 45
equal to nine per cent sioOoOoO the original
cost of the road and machinery The road belongs to
the State of Pennsy
The Lebanon Courier says:-"We understand that
the President Of the Reading Railroad Company has
Subscribed for four thousand Of the Of the
Lebanon Valley Railroad, thus securing the charter
nom repeal by the Legislature We trust now soon
to the enterprise under contract Its advantages
become more appsrent the more it's merits are can
vassed; and believe 1t viii be the best paying por-
&c. ..kl Tro;a . Ia tha rat ra,,fa
for ceusectng the East and the West and be the
tboreughfare for great portion Of the gigantic trade
which will come and go over the Central road. with
the termination of the Central road at its beginning
and intersecting the Reading road at the favorable
point of Reading, 1t forms connecting link, which
nust be advantageous and profitable.
new route for chain Of railroads from New York
city to lakes Ontario and Erie which will save In dis.
tsnce about hundred miles of the prerent routes
travelled promises to attract much attention
as its advantages become generally known. The
route proposed the principal proportion Of which is
now in progress passes the Morris and Essex rail-
road in New Jersey to the Delaware river and thence
through the northeast corner OF Pennsylvania to
owego, &C., as follows
From jersey to the Delaware Water Gap, via Morris
DeaT are Water Gap to scrantona, Pcnn.... as
scrantoma to Owego.. AZ
0wego TO Ithaca.. ............. ...-..... so
AshaSA 10 OeneNa. ..'..ss oo
Total, Jersey City to Geneva. ........ .2i2
From New York to Geneva, via Albany, Schenectady,
etc, Is 344 miles, as follows:-
New York to Albany. .............,......l .l45
Albany 10 Utio&... "a
Unca 70 syracuse .......... %
5yrAeute 10 ueheVa. ....'......'.s..... oz
Total-New York to Geneva. .s44
From New York to Geneva, by the Erie Railroad and
Seneca Lake the distance 10 as follows -
New York to Piermont, miles. ACKNOWLEDGEMENTS. "a
Owego TO jefferson. DO
Jefferson to Geneva through Seneca Lake.. ...... 40
Total New York to Geneva. 1887
1t will be noticed that the route Is lo2 miles
les than the Albany to Geneva and 95 miles Jess
than the route to the place via the Erie Railroad
which is the preferred route to Geneva Rochester
Buffalo, and places further west. The new route Is
certain to be completed soon Ito miles being already
in operation and only 90 miles in process Of construc
tcp being necessary to connect the route with the
central line by both the Csyuga and the Seneca Lakes
IL viii cross the Erie Railroad near Cwego All the
different roads, forming the line are learn to be of
the ssme width the Erie Railroad, which Is about
one foot and four inches wider than the railroads from
Albany to Buffalo. The route passes the lIae
OF the old Milford and owego turnpike by which the
distance 10 miles from New York to ovego. The
following the distances to owego Geneva and Buff
fao, from New York by the stage route formerly ira
yelled over the Milford and owego turnpike -
From New York TO Newark miles. es.,..,......