The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-07-25

that creek and thence 70 the lroA Mountain Ana PO
Knob. Fron the River Des Psrss through Carondslst
and into the sity Of 81 Louis the subject Is stn LETT
open large party Of surveyors and ssgi.ssrs vss
sent out the l4th instsn for the purpose Of locating
the remainder q the route
In the months Of March April May, and june 1852 the
tolls the North Branch Cspsl, of Psnnsyivsnis,
amounted TO $50 1856 a. period last year.
Increase this year, sl6,207 %
The June receipts Of the Vermont Central Railroad
Company S62 S43 TO- and the average increase Of
earnings for the past six months has been $l3 600 per
m0atb The receipts for the 1852 fell short Of pay
ing expenses interest rent and repairs byA Bout $50 wv
ssly s. ao per month thst the ratio OF gaia ths
year above should not increase In the con
ing best six months viii leave moderate net income
the present price Of the stock apart from the important
benefits to be derived from Consolidation and
The receipts from July last year to Juls this
year. from passengers, freighss nails, rent &C., will
be not very far from $7oo oCO, While the expenses
hare been materially diminished in the Same time
The bread suage railroad through Ohio con ascting
with the New York and Erie Railroad through to New
York has been let The contract given to Dooiits
Esq for the Of 81 600 900. He taxed 81 900 600
in stock This road after traversng Ohio will connect
with the Cstawssa Railroad, through Esstsra Pennsy
vapia and Nsw Jersey; also with the SaDbury sad Erie
Railroad to Philadelphia and ths Allegheny Valley road
foot gusge from PIytsburg TO Corssg on the New
York ard Erie Railroad making the route from ncin
matt to Nss York hundred miles shorter than any
ether Mr. Doolittle the work this month.
II 10 be built in the most Substantial rAn1er the
rails to Re rs lbs TO the yard 1t is contemplated that /.
will be finished to Dayton Ohio by the fall Of 1854.
We give below another communication relative 70 the
Encouragement Of the financial and operating Affairs Of
the New York and Erie Railroad Company. We have no
hope that any reforms viii be introduced long tho
Board Of Direction remains at present constituted
Nothing short Of coup dea. will the stock from
runous depreciation =
NEW YORK AND ERIK RAILROAD. -
To zHR EDITOR OF rHs NV YORK HERALD Your
Nmra correspondent has touched the managers
Of the k1e Railroad the raw" 1t is Indeed, sur.
I<sDg that the most stupsndous railroad this cont
nsnt should be left the merces Of bears add
wolves extending it from tins great ceatrs or
North America to the greatest inland upon EARTH
whose shores dotted with Cities towns, and villages
numbering millions OF people, who justly pride thea.
selves their intelligence Ard industry Nor is this ALI
A neM Of agricultural produce, the richest and the
largest In the world seaks oust to the East each
turning autumn. Why, then, is It, that the Erie road
holding key 70 this vast section Of wealth. does not
sssr Wills the central se. h.vs been s,s
laying pipe from the Mississippi river to Boston, with
hot and cold weather branch to this city, guided By tho
0aatin Of Albany the New York Erie managers have
been careful never TO looe sight Of Trinity church
ssased in oil tasir department. By men Of enter
prise and genius. The press, too, 10 not silent.
it is made 70 speak out to the people the advantages Of
their Lines, from st John FL Dorado Not 50 with the
Erie It true they have senr'es 1t . few points; but,
like half paid watchmen, the, sit drowsy looking at
psroDine the press But yos wish any information il
the Mississippi Ohio or Illinois Valleys 1t must be OBJ
tAineA either of their asen which apt
to be the most favorable reliable, perchsnoe you
may fKd their lorg, msersby got together ADVERT
meAt IN some OBJ cure country paper, mixed up vi n
sarsapaa, blood pills and yellow dock. 1t is nonsense
that all the
gent railroad matters the balders operators
and since Western legislative body, after hard Hght,
did not succeed in enacting Il against fools. have
right to assume that fools blossom spring and fA which
give two crops yeav anc not unusual to thsm
. journey to some destination which they are them
selves entirely Ignorant Indeed IL they start With
fair share OF intelligence they almost to got
fooled before they return particularly il they in
contact with tie Central road folo~ The Erie
Railroad will pay its stockholders whenever 10 managed
with ability and skill until then it continue 60
down, down down. to point which viii re volutioaiae
the pre.ent directory order men aud things DO
subj tituted-and then the New York aud Erie Railroad
VII be what IL ought TO bea paying road the pride Of
New York and the great West. STEAM.
The annexed statements relative to the anthracite coal
trade, extract from article in the PhlAdelphia
Register
Changes in the coal trade are not far of. Hitherto
the shipping Of ell the anthracite coal from the Iahgh
and the Schuy kill has bee monopozed by Phsdelphis
the product Of the Wyoming coal aeds being chiefly
sbpptd from the HadsoD river. in NeT York
ing direct railway communic .tou between our Lshixh
coal basins ssd the waters II The Ne York Bay 81 Eliza
beth town Point New Jsrey This Will be ready next year
Tn invite all coal coming to city for sh p1ent
eastwsrd TO tale the nearer and cheaper route.
There is bus little difference in miles and that is
than compensated by advantages to be gained
In another jear We may OF course, count upon the
completion Of the twenty miles branch that will give the
schnyy Kill coal Geld connesiion At T.maqu.
pbias Will II make changes OF relative market dis
tanees to the coal estates Of schuylkin county,
The Wet has been favored BY being ches % in the
Philadelphia market Now the Eastern end ia about
TO be Iesrest to New York.
The captal cost Of the whole New York aud schuyki
railroad will lie much less than Philadelphia rail
and canals The former is made at fair money cost
the latter cost more than prices TIE later suf
the former sets out with all the modern mprov emens
achieved st the cost Of its rivals
The charge OF freight therefore the NsE York rail-
way, will be taxable with interest q much smaller
invested. TIE running expenses may be ncres I'D
by average of twelve to twenty miles Of further dis
tsrce but the better quality OF rail iron AMI Of AL
co engines is expected TO counter this in great
part The grade Ike Reading is all eescending ex-
cept few miles 10 the Of Jersey where
Is twenty feet to the mile, requiring extra
the Reading plain, bst~een the Schuykili and Della
Coal In the bar Of New York will be shipped east ward
at Ayersge advantage # rs Cents over Ph lsdslph
with the advantage Of vessels. here,
ard the shipping ports never closed By ice.
Takiog ,hee things into consideration, may not
pect that Eastern consumed coal will be dverted to
New York for sbipme.p
would be hasty conclusion to suppose the Re ,diry
Railroad would want business Ia sach event No road
surpas this fsvorise rail way No compi
ny has segscously provided for such conugsnce
The portion Of that railroad above Reading IA expected
70 come into connection with the New York rail By q
co1tem ased extension through Kurso~n Ancno
ard that portion below Resdog ~ have. through
the Lebanon Valley road employment for ell its
not demanded ny thu coal trade carring tina pro-
ducts OF the great Central Railway from the sus OF
that road at Harrisburg by which The annoy OF the
State road will happily be escaped
Hos far the Lshtsh and Scbuylkl canals viii bs affect
cd requires sderaon foresee The former Is
about have the congestion also ~ tbs Esston rail to
Phadslpks It il believed, no ,ever, that is wster
powers would pay better by conversion from cansny to
manufacturing.
Tho Schuykili Canal Is also seeking by improved
nection With the Union Canal, TO secure business
Of tbs Morris Canal We need not speak It's New York
coal carry business cannot be expected 70 stand any
II composition with The Central rail ~ay Of New
Jersey, after its connection With coal 6sds.
Changes Of great importance are certainly about to
coal trade, and PhlAdelphA canast be in.
different the results.
CITY TRADE REPORT.
SATURDAY, July 23-8P n.