The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-21
Railroad Intelligence.

THE NEW YORK CENTRAL RAILROAD COMPANY.
The Albany Journal OF the 7th inst. ys:-The Rail
road Consolidation Committee, to whose meeting
alluded Thursday closed is sitting yesterday. We
understand that the details Of the proposed consod alton
agreement finally arranged substantially the
terms agreed upon at the meeting acuse and that
the committee recommend that tae directors of the
spectiye companies should meet the 18th inst, to
execute the agreement ard that the stockholders
ing to ratiy the shall be held The Goth OF June
next at such places the boards should ap
point 1t agreed that tie corporation should be
called "The New York Central Railroad Company" and
that the first election should be held the sixth day of
July next, at the City Hall in albany.
THE BlNGHAMToN AND SYRACUSE RAILROAD.
The work on the Syracuse and Binghamton Railroad
has progressed rapidly that the laying Of the rail will
probably BY next September and before winter
the cars viii be running.
ALBANY AND SCHENECTADY RAILROAD.
The receipts for the month Of March, compared with
those Of last year, were as follows:
1900 Aercn.......... ...SZ3, oo9 Us
leeZ .......................... l75o9 Vi
THE starss o a ss a.n r: months IN
compared with those OF corresponding period year,
exhibit about the same increase We the figures
January sl4 3a2 20 $lo.7ls Sc
FEBRUARY ................. ~ us VI I,l6l W
March ..................... 1900 81 ~ $50 80
sal SIS II so2 o2o os
Total increase forty per cent .sl7, 7oi %
The balance sheet for April is net yet completed, bit
returns for this month. They as foows-Ihe NUN
Der OF passengers conveyed over the road during April
1904 we're *, AoI. and APRIL 1888 3D,SW Increase.
54s7 or % Per cent The feeghting business Of the
road during that month arge aud the returns when
complete will nearly If not quite equal the increase Of
the previous month.
AMHERST AND BELCuERTowN RAILROAD.
We learn from New London Conn, that the Amherst
and Becheriown Railroad will be opcned Monday Nay
3. Trains will he in connection with the train the
New London snd Palmer road, Leaving Palmer 10 70
A. NJ. end e.l5 =. NJ, and Amherst at 40 A. H. ana
LILO II.
LEBANON VALLEY RAILROAD
The StiseNE OF leading taking interest in
this work aud appear determined to tho most ener
getc 10 build It without delay They are urging
the city corporation OF Reading subscribe $2oo0o0
worth If the stock The individual sub tpti,n4 at
Reading al reached that amount az the last dates Ia
Lebanon also public meetings have held and the
friends OF tho road working actively and earnestly TO
procure subscriptions: General Cameron has pledged
himself to subscribe $40 eco if the people OF LeblaoR
county win do heir duty to cards it, aud he adds hat
il Lebanon does make the start he get 500 600 OF
private subscriptions in Dauphin county.
The vote in the city Of Watcrtown, on the I'd inst,
the question OF extending It's credit TO tie Nil vauiee
and Wateiown ond tho Waertown and Berlin railroads
$50 COO to the former and $40 900 to the ttcr-as
For tie ailroads...............
Against The railroads IL
Majority for the NEUTRALITY-SUSPICIOUS..
LEwisBrRG, CENTRE, AND SPRUCE CREEK ROAD.
Col Jofeph Paxton, tays the Lewisburg, Pa, Chr0ai,
Of the 9TH inst with the chief engineer the catsyiss
Railroad, and capitalists FROM New York city,
here this week to cok after the pecs Of the conten
Ilard aleay from Ie~i,burg, through Centre county,
they took drive through considerable portion Of
Buffalo valley and expressed themselves highly plsa,ej
With its beauty and fertility Its extent also proved 20
be much greater ihan they lad supposed Aside from
its local trade tie principal value OF this road lies in the
fact that when compla,ed VIII forra a highly In.
rertant and indeed Indispensable link in direct
munication. BY ailioad between New York city aui
Pt bug, via aa visa and E.son. The hold which the
former city will thus have upou he trade Of the North
west We OF the Southwest il demonstrated by the
single bio fact that the distance from Cleve.nd.
ONO 10 New York city bg way Of pittsbarg spruce
creek IAyhurg Cstawis's, end Esston, Is SIXTY tgo
miles less Than by way u the New York and Erie Rail
read ard some calculations make The difference over
ninety miles. The route from Ne York By this roaa, 10
Iburg l. also direct aud feasible than any other
practicable lire that be found To stow tue ch@
Iacter and abites OF the route. ID 0thet respects
We may here add that the grade from Lewis
burg Spruce creek. seventy miles, Is understood 70
be highly favorable and from Lewsburg 10 the 81 llnt
thirty three feet 10 the milo From the Summit there Is
hundred and ten mes OF level or descendiog grade
Via rafpadua and the Rsadiug Raiir0ll 10 Philhopbia
Fl ON the same Summit there l. siGty miles Of level %
descending grade 10 Etson; and thence to New YORK
there grade higher than thirty three feet to tire
nnge il at al times ut hand and freight trains from the
West could add IRON fifty to one hundred rer cent 70
their loaoiig without any increase OF motive power
RAILROADS IN MICHIGAN.
T1efe has been recently held reeting Mt Port Huron
st. Clair county, in reelion to building the Port Huron
and Michigan Railroad Opposite Tort Huroo IT VIII be
rcoosced 81 the termination Of the Grand Trunk Rail
road ard that the New England states trade and travel
wei that Of tho British provinces, win be over TINS
road, TO the Northwest Wisconsin gud all the Norwot
indeed will fnd outlet by this road The way trade and
travel Il Northern Michigan alone Gays the Adrian, Mich
ua' Ioiotf the road leading hIo"ss Nof'hsin Mieni'