New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-22

tho earliest practicable day 10 adopt the plan Of eas
iDg The mines 70 individual operators, VINO have ega5
lbed all their connections Of business, and who can IN
oduee the coal into al the avenues Of trade. Under
ais system the Directors remark, your business 70
si,nTnhed and subjected 10 the least disappointment
The Company becomes a mere receiver Of tolls and Of
rents from 10 varied and valuable estates al the LEAKS
Of ageuts and vendors Of coal and trsnsporers are
stopped, and you stimulate largely your produc-
ton by furnishing your tenants and essees every r.
cgty for doing large business
In relsion 20 the profits 10 be derived from the Rail
road Of the Company il Il remarked:
The coal roads q Schuyzl Co., and anch are strict
BY local roads and dependent upon the coal rade alone
average more than u per cent net dividend. The
charter Of these roads require them, whoD the di1d-
end fund exceeds l. per cent ~ reduce the tolls 20 h
realize only that per centage the cspia expended
Tie Mine Hill and SciuylNl Haven Road commenced
with tolls ct 4 cents pcf tun per mile, but are now
under this provision, charging ~ cents per tun per
mile and stu dividing - per cent. net dividend.
Our charter b8e restrictive clauses NJ regards tue
dividends and authorizes % charge tolls AZ rate 20
high that good policy would not exact them. u -
obviously policy to promote by liberal course
Of charge and low tolls the utnOs, possible amount Of
business upon our road cuf attract toward Il a.. the
trade Of the lateral roads ntersccting or connecting
with H. This rOnd VIII poss through fisng Creek 6ap
and the thriving Of Pine Grove and ts rich valley
and that oi Bear Creek, where connects with the
UnoD Canal the Union Canal Railroad and through 10
nth The Nine II u and S;huylhN Valley, L0TDury aad
pwatara Railroads.
Tesc roads penetrate the coal 6elis 10 largo extent
ny thedfcrnt branches 81 The Swartas River tie Lor
bury Creek, and Good Spring Creek. accommodating
numerous cOllercs At fremont, Donaldson &c. and
furnishing the facilities for cheap transport 20 large
portion Of the productive part II Schuyik County
soal held These roads will be important FEEDER % our
work, a. We furnish them the nearest COMMUNICATION
" market and he most favorable grades the naN.
mum crude being 81 feet % the mile dcsccndng NJ the
direction OF the trade and so per cent OF straight Inc
fif. tsf IA fs5Ff1 hot
enjoy and own lfysepCH mNes u railroad Twenty six
miles Of which are built upon the Compauys esta'e)
and 1914 miles OF which are in direct Inc extending
from the Philadelphia and Reading Railroad a. Auburn,
w. the Ponnsyyania Relroad at the Susquchonna, and
forming Trunk line OF two Of the most magnificent and
costly works IN tho United Ssies and up0nthe line OF
trade and travel 10 Pittsburgh and eventually % Enc u
b Road IN our opinion, that WI command hs much
irnde and travel ana traffic and b. highly rcmunorG
inc ~ any Road IA The United States; because il runs
parallel with the cold ined f0r more hdH pnrg hiifs,
ant TcndCrs tributary % lateral Roads than any
Railroad IN SchuyAl County, and opens ap TO the coal
tclds a, PO,tsyilo, schuyA. Haven, fremont Iana'
cultural and timber country IN Pennsylvania, and IN the
highest condition Of impruy emcnt viz the Gun bertrand
and the susqlclonna vtilcys. Thus enjoying not only
The immense local trade aud travcl Of the rch and popu
ouft0wns that surround u every quarter bus also
The through trade and travel Of the great Wet and the
Lakes. The produce OF these iich valleys instead Of
having "a seek tide water market viii ind By means Of
,iis Read, consumer Of home Tho saving OF trans
poriaon alone the farmer sud consumer win be i'm
mense and the coal regions greatly benefited not only
by the reduction Of price tW also the abundance and
variety OF the agricultural products and lumber which
must pour into them, and the yastl4ess Of which re
sources cennot be estimated
The business Of the Company for the present year
n thus estimated
.tooeo tuns Of coal, which, A. profit only Of 10
stnis per tunthe royalty OF rent where nn 500 ,o y,
VtovemCuts made Wl .,.......... eo0od %
Net nocHlo Of railroad i2 per cent. dividend
upon cost Sl,Sl0s2l 0l.....,...............,. ~. %
FIou, JAY Ass to Jan. l. 1854 mos........ 1868 20
Total. ~
iri,Iosi entire debt TO period, year esejo W
ESccss Jan. l. lss...................... Sia62b 30
Az TO the profits Of the Company beyond this year
lie remarked,
TO this trade YOU can safely add eco 700 uns per an
num- which not only pay you s-0Ol0 a. rental bu adds
thia furnace 10 the traffic upon YOUR road thus swelling
up liz receipts 10 much larger dividend than ~ per
cent, For L must be borne IN mind that We are the
propnetprs OF both the coal mines and onr lateral roa
ndtherciorc upon the most enormous increase OF your
business your outlay viii he very little, because at
your large expenditure viii have been made by the
close OF ls53 and substantially completed, w; your
reilroads tunnels, houses sawinilis, a. Within the
wear 1854 your unnclswi hgve cot and developed the
entire basin. The rate of increase per anunm whch
We have named Is small when we consider thai the
e.al trade Is only in iis n6ncy and that every day is
opening new channels for a. and wider field o. con
sumption,
la relation to The quality Of the biufniaoas coal Of
the Company the following letter from the Engineer
a
orfIcr PluL lnEIwuA AND RrApiNG Il. L. Co,
READING. Penn. Nov ia, 1852
am duly in receip of youg favor of nth inst, on
subject Of experience Of The use % your sem btu
,ninoas Dauphin Coal IA cur LOCOMOTIVES.
During sud since last summer We hsNe used several
hundred tuus Of the above coal IN cur locomotive en-
aines and have il In use 40 present
have no hesitation In stating TIA! we have found 10
answer our purpose tGcl Cor locomotives better
than any other description OF cos We have tested
It's les wsstefol than baminous coal. and less de
~. 49, thu Har4aHff - hua - 4
vantage of burning with considerable fUma making
steam rapidly, and causns little trouble IN keepng up
and cleaning the hre
Engineer &c, Reading 4. /.
We annex comparative statement OF
Rresdstafs received At Toledo Chicago and s. Louis
mise
Wheat bush ....... 24O2S05 9lAs25 2372le
Corn bah. ........... AOaa2Qe SO0Allo l,olaSOo
Reducing the Flour bushels AZ - the barrel, The
comparison viii stand thus
e..hs,. s.si.iss 4.sSSSs 46i al -
Received by canal II Toledo 10 l4lh Nov, 2.9,S's
bhls Flour. l9545lS bush. Wheat, Ss7SOi7 DO Corn,
and BY railroad TO 3ls Dec, lSs79 bhls. Flour AL
81 bush Wheat and Isl le2 DO Cora lnelashng What
reached Toledo by cana after lith Nov by wagon
dsrng the year The recep, OF these ihFee articles a.
that city. in IsSs, not less than sse @ikoRs ana
tares Ssssssrs Of bushels
New-York exported 10 all foreign ports from Jsa-
topcc. - lsss; Wheat Flour bhs l3llis5i 3ol2 IL
hush. Wheat snd s53SS bush. OF Corn equal, The
Flour being reduced to eSsies 10 ten aud oaeilird
millions bushels
The tonnage CT cana freight TO ami from AloSny IN
lsSs wss 1854; dc. 70 sad from Tolsio IN lSa2
was 3Sol00
The canals which have their AXE terminus in Toledo
Will ON the opeHins ei navigation, next sPrsns have
sn aggregate length OF 7o0 mhes, For the last seven
years the esnsl basness AZ Toledo has had sn average
Increase equal to is regular duplication in every pc
ricd Of three years The same ratio OF increase, dur
INC the next seven years would swell Is business 70
pe4rly that Al Albany the pastyear.
Money continues in good supply az legal