The New York herald., 1851-10-30

The foregoing does not include the circulations or
loans Of the Peoples Bank at Derby Line the White
River Bank at Bethel which, when included, will show
an increase Of more than hundred and twenty fve
per cent Of bank capital circulation and loans in Yer
mont, within the last five years.
The twenty fifth annual report of the Baltimore and Ohio
Railroad gives very favorable account Of the opera
ons Of the road during the past year. The aggregate
earnings Of the company for the past year amount to
$1,S4s222 75 being increase Of S64l7 4s the
operations Of the previous year. The net earnings of
the road have been S653 O3 55 enabling the board to
declare dividend In stock of per cent nowith-
standing the increase Of s53 O9 added to the capital
stock Of the company by the dividend Of the preceding
year The profits of the road upon the original capital
of oooe represented by the finished road to Cumber
land, would make dividend Of 90 per cent
Situated this road is" says the report "with its
derived from little than 81 100000 Of
tive capital, expended upon line stopping two hun
dred miles short of its destined terminus the stock
holders have to feel disappointed at this
hbit.n
The earnings Of the Washington branch during the
year ending September 30th from all sources amounted
75 and the expenses during the period
were sl46,6s1 1e, showing the net earnings to be
Sl62 s54 Co. The board announce dividend offour per
cent on the operations of this branch.
The aggregate transportation Of coal for the year
amounted to tens being increase that of
the previous year. of lo69 tons The extension Of the
road to the Piedmont station has added nothing yet
to the coal transportation Of the read
The report audss the want of sufficient accommo-
dation for the coal trade at the companys location a.
Locust Point and states that arrangements have been
made to transfer the business to private wharves
they may be constructed and brought into use, from
time to tine This PLAN it is believed, will result in
securing ample accommodation for the trade at that
point.
The road is now extended to point west Of Oakland
in the gades, rs miles from Piedmont and it is cacu
lated that Cheat river will be reached about the Is. of
December, and the Tygart's Valley bridge, and Fair
mount, the Monone shela river, by the ls of May
Tie amount requisite to reach this point is estimated
at 81 4o6 COO, and the available means consisting o,
sterling and coupon bonds, amount to $16S22l6 81
which would leave balance for the further prosecu-
tion Of the work, Of S2762le SG1 The estimated
perse Of constructing the balance of the road from the
Monongahea river to Wheeling, is s915o0O, for which
the $500 Oco in bonds Of the city of Wheeling guaran
teed by the State of Virginia. will be available together
with the estimated Of the road $2500o0 dur
ing the progress Of the work (aftesn month and the
above balance $2162l6 This link is expected to be
competedin in January, 1853 and the road opened its
entire length.
The Union Canal Company, of Pennsylvania are ask
company widening fy-two miles Of the canal from
Pine Grove to the Susquehanna. The old canal would
only accommodate boats Of thirty three TONS while the
new work will accommodate boats Of from seventy
five to eighty TONS The work Of the best description
It in great state of forwardness Part Of it, usually
called the Branch" will be opened for navigation from
the 18th to the Goth Of October and the whole line by
November lst giving from four to six weeks navigation
this year. The engineers estimate for the work. learn
by the last annual report but owing to the
superior character Of the work done, and doing
work that not anticipated 1t will cost about 500 ooo
To raise this sum- the company created preferred stock
eight per cent interest to the amount Of $780,
O0o and have created pre rred stock bearing ten
per cent interest to rsise the balance required to
plete the work. This balance will be about sleo0oo
and Of this $4,000 has been already taken leaving
about $50oeo yet to be disposed Of The net annual
income cf this work for the last years. has been
s36 end with the enlarged work will be much greater
The coal tonnage last year 62 0oo TONS and rm
PIKE Grove, we learn making tunnel on
their lands which will throw sc0ton.f coal day Ill
tonsl the canal, or nearly looeeo more than last
year.