The New York herald., 1850-12-26
This result win doubtIsss be

borhooS hyper cent This result win doubtIsss b
realized the first six months the company have to de-
pend upon the net earnings Of the road for divi-
deBd Reading Rslrosdfe fell of fraction at the d
board yesterday but that Is not OF the least
queHce except to those whe compelled to realize
The large dividend payable on the 18th Of January
will prices for that stock all right Morris 10 look
ing again The tolls this year will exceed the esti
mate about five per cent The improvements ana,
enlargement progressing rapidly and substantially,
and doubt will be ready by the opening Of naviga-
ton In the spring. Norwich and Worcester is again
moving upwards so is Harlem 1t is expected that tho
freighting business Of the New Haven road will ada
largely to the receipts of the Harlem another year
Annexed the receipts Of the Pennsylvsnis Rail-.
road for the months of October and November
PESSsYLNASrA CENTRAL RAILROAD
October .treights. ..l5,73o 90
Passengers. 900 20 1886 SO
November. 80. Freights. 29,196 81
Passengers. ...2O522 53 4e,7l9 40
Total two mOnthe. ........ s95,5S5 72.
The cost of construction and equipment of that por
ton Of the road in operation east OF the noun
tains is about s45o0Ooo and assuming the foregoing
figures the average monthly receipts in the present
plete state OF the road 1t would afford dividend
the investment, after deductin 40 per cent for
ming expenses &C., of about IN per cent result
ceeding the most sanguine expectations of the warm
est friends Of the road.
The value of merchandise exported from Beston for
the week ending the 2lst inst, s1357ss IL, OF
which sll27l0 AZ in domestic products, and
S23 CIT 70 foreign products Same time last year.
Domestic products $2l7 1884 40; foreign products
s42 ss5 "a.
The receipts from tolls the Erie and Wabash
Canal, for the year ending November 3o were $751;
40 Co. against s1S4 65e o3 in 1s49 showing increase
of S225ll 62 The receipts from sales of land in $780,
100000; land held by the Trustees amounts to
s5649s acres at appraised value OF Sle735l2 50.
The length of the canal is 26s miles be in
creased to 1856 mles-ninety mile, being under con-
tract for construction the whole line to Evansville,
the Ohio to be finished in all next year. The
trustees will have surplus lands Of the estimated
value of 81 600 equal to 25 per cent the deb.
1t appears by the annexed extract from the Netcar
adrerer that the construction Of another road, in
dependent OF the line alluded to yesterday, in
tersecting the Erie railroad, is in contemplation
through Pennsylvsnia:--
To bring the travel and the agricultural and other
products OF the great West TO the Eastern end South
resbosrd of our country has been matter OF suda
be competition Tor time between different points,
particularly those embraced within the space bounded
the east by Boston and the south by Baltimore.
New York city besides its other great local vsntage
il a point adopting tine line OF unicatior
through New Jersey than any other port the east
ern slope OF the Atlantic seaboard Already on tho
east has Boston to considerable extent carried of
the palm from their neighbors further South and on
the South are variety Of plans projected and
jecting TO bring the West with both Philsdepha and
New York, together
But a more direct route than any is that through
this State, great link in the chain Of which is
| in successful operation We mean the Morris and
Essex railroad the present termination OF which ic-
Dover. Morris county. recent survey between Do
and the Delaware Water Gap, which has been pub
lthed, with accurate and elaborate map of the
country between those two points shows gance the
great advantages to be gained by the adoption Of thie
for the extension road and Ia that account
to be taken also the advantages it has any
| other, by communicating more directly, and at O
smaller expense with the great coal regions of PENN
syivania by accurate surveys, 1t appears that the
mira where it would intersect the Erie Railroad doee
not exceed two hundred miles; and the most extern
sive coal beds OF can be reached within
distance of one hupd ed and thirty miles, enabling
the coal to be taken at the mines upon the
that shall deliver 1t at Jersey City Besides these two
great points 20 be reached by the cireumscrbed dis
tsDce and the profits that would therefrom,
there intermediate advantages to be derived be.
tween those points the value Of which are not to ts
Til. country through which II would pass Is fertile
ina high degree forming one Of the richest ssricultu
raj districts in this any other State, embracing
nearly all Sussex and great portion of Warren
ties Of the latter that portion called the Upper
line KILL and the Blue Mountain II would also.
psss through Hsckestown depot for the produce or
the central portion Of the rich valley of the Muscone
the upper Pohatcong valley, aud q large extent OF the
valley Of the Poqu;st. Embraced Within this lat
dry goods aud grocery stores, and seventeen grist
mills number of them keeping teams constantly go-
ing TO and from markets Below The road would also
psss within short distance Of the celebrated
resort schooley's Mountain, commanding the extern
sive summer travel to and from It, of New York. Phila-
delphia and interme date points Should this extern
sion be carried into effect, II would constitute vast
artery, supplying great number Of veins Of larger
and smaller size Local interest would demand and
procure the construction Of lateral roads tending to
swell the business Of the principal one.n
The owego route will be completed long before tho
line ntersecting the Erie Railroad at Elmira, bat wo
have no doubt both routes will be In active and
cessfui operation within few years. BY the route
interseoipg the Erie road at Elmira that place viii
be brought one Aundred miles nearer this city. All
the tras Of the Erie road west Of Emira destined for
New York, will leave the Erie read at Eimirs and
take the route through Pennsylvsnia and Jersey. AL
the traffic Of the Erie road between 0wego aud Ell.
mira, will leave the Erie road at 0wego and take the
route through and New Jersey to
New York. All the travel from west OF Geneva will
also take this route. About hundred miles OF
travel and transportation, three four dollars by
each passenger and four Ave hours In time win be
saved In reaching this city from the West by taking
either Of the roads dverging from the Erie, ut Ell
mira or 0veso. Railroad competition viii work won.
ders in the value Of this kind Of property invest
ments and II would be well for those who depend upon
incomes from such Investments for support to looh
about them in season