New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-01-23
Banks

Total......s5O9O,O 1886 IS S575OsS3 80 slO7529394 6
The Railroadfrom Sandusky City to Newarkwas
completed on Monday the 9th inst. and is now n
full operation. The Newark and Mansfield Road
is crossed at Newark by the GAINESVILLE and Colum
bus road. This road to Newark will be completed
early next season, and from Newark to Columbus
during the present year. The whole work is now
progressing vigorously. At Newark commences
the Sciota and Hooking Valley Road. Following
the ScOa, it passes through Circlevile and Chilli
cothe, at which place it unites with the Chill cothe
and Cincinnati Road, a large portion Of which is
now in operation and the balance in progress of
construction. From ChillicOthe the road follows
the SciOta TO Portsmouth, on the Ohio Biver.
Forty miles OF this road from Portsmouth is now
III der contract, with the intention Of putting the
remain der to Newark under contract soon as
the location is fully completed. From Newark
to GAINESVILLE and down the ScOta to Portsmouth
and the HockingVs alley to Peterborough, is located
one OF the finest agricultural and manufacturing
regions OF the Western country, and also the ex-
tensive bituminous coal fields aud rich iron ore
beds of Ohio. The Sandushy and Mansfield Com.
pany have taken for a term Of wears lease of the
Mansfield aud Newark Road, upon favorable
terms to both Companies.
The new Board Of Directors of the Connecticut
River Railroad have been unable to make com
in regard to accepting the latter under the lease
which had been made in favor of the former, and
have consequently voted not to alter the determi-
nation of their predecessors, who refused to ope-
rate the Ashuelot Road under the lease The
point of difficulty is in the Charter given by the
recent ermont Legislature to the Asbuelot
Road this imposes such restrictions as wonld
make the operation of the road by the Connecticut
River Company, or any other company, indeed,
entirely imprscticabe. Probably the building of
the Brattleboro and Bellows Falls Road has had
also some influence upon the Directors.
A petition has been presented in the New-Jer.
sey Legislature from Warren, for an extension of
the Morris and Essex Railroad from Dover to the
Delaware river, at OF near the Water Gap, with
permission to construct branch from the most
convenient point in Delvidere. The object of this
extension is TO open the extensive grain, mineral
and lumber resources Of Eastern Pennsylvania
and provide route of spOrtation to New.
York. bill was Rl,o presented for supple
ment to charter Of the Paterson and Hackensack
Railroad Co. authorizing them 20 construct a road
through Bergen County, between the Passac and
Hackensack rivers, from some point on the pro-
posed road between Paterson and Hoboken. 10
point on the NeT-Nork line, and perhaps inter
secting the Paterson and Ramspo Railroad. in the
NewJersey Legislature, on the Goth inst
The Thirteenth Annual Report of the Philadel.
pbis, Wilmington and Baltimore Railroad Con.
pany for eleven months, ending Nov 30, 1850, has
been published. Heretofore the fiscal year has
terminated with the Slst of December but in or.
der to give more time to make up the various
statements necessary to exhibit the operations Of
the road, to be submitted to the annual meeting
Of the stockholders, on the second Monday in Jan.
uary. the Board adopted resolution in March
last, terminating the fiscal year on the 3o.h of No
vember Annexed are thereceipts OF the road
fAssen sert' .s.....................4065 5i 50
Frelghi aSa Express. 56.74l 70
Nal 4Ad hehs'''..s.... sass O.
The receipts Of the New. Castle Inc. rom ali
sources lS7274 S.
To'a receipts. tS5 rs
The expenditures during The sane period were ~
ont he "A iun linz