The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-25

proet Of thirty thousand dollars per and equal
to three pr cent % the sspi st:sk Of tbs company
EsrMArs OF HExr YEARs Bysrsn.
4Oo tons per day, BY steamships, for
Paying net prodt per ton, IN conss '''' ~
queace Of the contrast With Steam
snip Company, of.............. 81 90, or S12e 900
200 tons per day for sales in Balti-
more and the local TRADE, for 800
: days n... ...:......-............ $4,000 tons
Making total Of earning from alone Of $50 oOo
"A sum equal to fifteen per cent ON the capital stock
In connection with the above estimates tina oompsuy
asks particular attention TO tho following facts -
lat That freights by steamers will be 50 cents per
ton less than the average OF frehts paid this season to
% That our freshts by the steamers win be os cents
per ton less than the present reghts by o
Baltimore and 70 cents per ton less than present rsshss
Sd That our sighs by the steamers will be 81 .nts
per ton ess than coal can be frsghted by canal prope
ers and bargos through the bays and canals from Ba
more to New York
At Alexandria the Steamship Company have nns
wharf which will greatly facilitate aRd reduce the
penses OF the transhipmeDt of the companys coal.
Aside from the immense value Of the companys estate
veins of the genuine clay known in this countryex
eept the veiS which the Mount Savage Company have
worked at great profit for several past and which
Is supposed to be Of the veins opened the
nys lands The company have also opened two veins of
iron Of very superior quality well suited for mining
and transportation; alec, fins quarry Of limestone
Their lands also heavily timhered with white oak
suitable for ship timber, slaves, &c. and timber for min
ing purposes
In connection with the progress making in mining
coal In the Cumberland region, steamship company
has been formed for tho transportation Of coal from Bal
t'more ana Alexandria to New York. Without this
navigation company the facilities they furnish for
getting the all the Eastern markets the minerA
Of the Cumberland region would remain unde-
veloped and the supply Of coal from the district continue
comparatively limited In relation to the movements Of
this steamship company the Phsdelphis Ledger says
"Our shpwrehts mschinsts and all the other artisans
whose services required to t out steam vessels
cheered with the prospect a abundance or work dur
ing the ensuing winter and spring. Capt L. Lopez
has just concluded contract with the New York Bati
more and Alexandra Steamship Company for the
struction Of ten propeller steamships which to DO
built and fitted out for delivery in March nsxt The
dimensions Of these vessels 100 feet in length 25 feet
beam and liz feet depth Of holdaboat the ton
mage the steamship William Penn built In Kensingon
about eighteen months SINCE for Capt Lopez The build
ing Of the vessels and engines is distributed 50 Is to
cure their early completion -Four Of the hus to
constructed by Messrs Briefly Son. Of Remington four
others will put up at Gloucester at the yard of Mesrs
Williams Son. and the other two will be constructed at
Wilmington The engines Of Inc four to be built At Brler-
y's to be furni he'd by Messrs Reanoy Nsafe Co
Of the Penn Works Each vessel Il to have pair Of
gne with cylinders 2s inches In diameter and as inches
stroke The engines Of the four be constructed
at Gloucester to be built at the Lopez Works new
machine shop about to be put into operation there by
Messrs McMurtrie King Co. The engines Of the other
two vessels will probably DO constructed at Wilmington
These VESSELS whom completed will compose lines between
Now York and Baltimore, and between New York and