The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-25

The annual report Of the Chief Engineer Of the Mil
waukie and Mississippi Railroad has been published
The road is nov complicated and IN operation to Wau
keshs twenty miles and half and the actual cost OF
constructing 1t that distance complete including APP
proved pattern Of II rsl, is only 1896 per mile. The
total cost Of the first division Of the road from Milwaukee
to hitewaer fifty miles including locomotives cars
depots, waterstatons right Of way &C. is estimated at
sco' LEO ST. The road is being carried forward to
Whitewater and if the ckhoders pay their assessments
IL will be opened TO that point by next autumn.
In consequence Of the high toll freight
the transportation of coal the Reading railroad con-
mining region Of Pennsy and several public meet
ngs have been held in various parts Of the county and
resolutions passed condemnng in the strongest Ian
guage the pursued by the railroad company At
a meeting held in pottsvile, the 10th inst commit
tee appointed to proceed forthwith to Harrsburgh,
and urge upon the Legislature the importance Of passing
act incorporating company, with authority to con-
struc the proposed railroad from Pottsvile to Phiadel
phis via Phenoxyille and Norristown The depressed
condition Of the trade calls for much gre alter
ducon in the charges for transportation 1t is, how
question whether the railroad company afford
TO transport coal at the rates fixed fthe full capa
city Of the road could throughout the be actively
employed present lower rates might be product
i've Of sufficient to meet current and
declare satisfactory dividends but there is too much
competition in the coal trade permit such state Of
thngs-too many large companies making Of every
effort TO make the most out Of the coal carrying business
too much cutting underto give the Reading railroad
any other company than sufficient to pay
their running expenses and keep their works in proper
repair If the golfers do not make money, may be
consolation know that the kholders in all the
great works connected with that trade, better off,
are n in he hos he uvole Ia
not who shall make the most money, but who shall lose
the least. In connection with this subject,
extract from the Miners Journal, the organ Of the COL
hers, showing the feeling in that section Of the snthr-
cite coal region, in relation TO the of the
Reading Railroad Company
Since last report, the Reading Railroad Company
have fixed their charges for toll and The
rate fixed upon for the present is 81 10 per ton from
Mount Carbon to Richmond; IL is hardly for
us to say that this decision meets with the unqualified
disapprobaton Of the entire Schuyk coal trade and
have no hesitation in saying that rather than submit to
such charges the golfers of this county will pretty gene
rally TO send coal 10 market by said road They
have been led to believe Through the Of
their officers and agents. that such reduction would be
made would enable them to make some show Of conf
pctng for the trade with their rivals the Logh and
Laekawanna; but under the present tariff of charges
to ssch Of things existed last year prcy
to the fresb,t boldly and fearlessly resist
this oppressive and ruinous policy. The Canal Com
pany Is prepared To carry IN 1891, 100000 tons This
added to the quantity already sent by railroad 100000
toEs). will make nearly much
sonaby expect To fall to share. If the present
charges of the road adhered to- it WILL therefore, be
the interest Of the trade to do what they protaby
by the canal aud give p sending by railroad
II the railroad company had reduced their charges to
81 Is per ton (Which price they have dy assert
cd II they could procure 900 tons TO transport,
would edable them to pay interest Of per cent
their entire inestmont) then the Schuykl trade could
have boldly taken the lead in the business and forced the
Lohigh and Lackawanna to take the eayings We have
repeatedly asserted and Their. L. doubt Of the fact
that had II not been for the reshe Of last year. the coll
er Of this county would have been with few exceptions
totally ruined The proyidenial inorposion of food,
saved them last year; let their manly good sense
project them this, aud let their action too be prompt
and decisive half way will in a crisis
like the present We know that at the prices last
year, colcrs would all have been ruined Has there
been such changes in the cost Of production this year.
TO alter the result at the selling prices There has
not Therefore. would advise all friends who have
any regard for their cr,t their creditors send
coal TO market the Reading Railroad long such
business H. done at loss which IL inevitably mut be at
the preop Mt high rates of charge The schulki ca nal
viii be open for the passage II loaded boats somewhere
about the first proximo. IL j. represented that empty
boats will be enabled 10 pass through the Blue Mountain
Locks the coming week. The canal has been most
thoroughly repaired and strengthened since the rcshe
q scptember last and probably now in better con
don for the transportation II large trade than has
ever been since its construction.
The people Of schuylki county are fairly reused and
he necessity existing for an immediate movement rela-
tive TO the construction Of Of transportation,
has excited the coisrs to great zeal and energy The
mining interest demands sti another outlet to market
There already four works costing in the ag
erogatc full forty millions Of dollars almost exclusively
employed in the transportation Of coai The competi-
ton between these comIanio, will Keep down charges
toll and freight TO points that will utterly destroy all
hopes q dividends yet in the face Of this the people of
Schuykill county anxious add another to the list
Estimates have been made. showing that a railroad can
be constructed from Potts willie Philadelphia for six
millions Of dollars which would he capable Of carrying
coal at charge not exceeding dollar per aud
yield 10 the soc khorrs handsome dividend the in
vcs,mcnt All th. may he true but doubt the policy
Of constructing such road. IL ii l. contemplated to
open outlet for the eos rade Of Schuykin
~ and six millions ~ dollars b. raised for such
purpose, Let attention We turned to this market Let
read bc built 20 with roads already constructed
TO open direct communication from the heart u the
schuylk coal mines 70 hi. city and great object will
be accomplished
The reduction made w the iRcading Railroad compa-
ny few days since in the tariff VI charges, has bccp
followed ny corresponding reduction in the charges q
all other companies The Schuylkin Navigation Com
rany, Lohigh Navigation Company, Delaware Division Of
Pennsylvania Canal Lchigh Canal Company, and the
Delaware and Hudson Canal Company. have all made
their rates lower than those II last year The price Of
coal has however fallen than the freight and the
producers have not been III the least benefited by the
reduction in frcrhts give idea u the spirit 81
competition prevailing the prices to be paid
for Lackavauna coal delivered board vessels al Ron
Gou during tho pcy,cd = csua navigation in lsj1 sub
jet e the .lcclcd conditions
.i0er
TeJe% - ST., u. s,g, Is:
Lump coal................S3 20 - 40 50 90
Crate 10. - large broken. .5 80 365
slide dock do. or range. , 40 80 60
Pea coal or Pea and th.snut Is as 2s5