The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-10-10

There were three steamers from this port for Europe
last week. which partly accounts for the great increase
in shipments of specie This must serious drain
upon our banks which will be shown the next weekly
report.
The earnings of the Michigan Southern and Northern
Indiana Road for September were:-
From passengers and mails Sl3 ,l44
From freghts and miscellaneous. 66657
Total ;. sl9s, 4ol
The earnings for september 1862 were 1899
Increase eoxal to p per cent $50, liz
The estimate for September was S150, 100.
For july August and September, the first quarter of
the second year Of operation of the company Ssa
The gross earnings have been over. $46s oOO
For the same period last year 2o4, 4oo
Increase equal to about e5 per cent. 900
For year ending 3oth June 1852 the gross earnings
exceeded 00 and if the above rate of increase
nues the remainder of the present year, the aggre
gate receipts will be 81, S00,0 900 or So, 900 000
We stated few days since that Messrs. James, Stylus,
Co.. of Sheffield England had concluded contract for
the construction of plank road and railroad across
the sthmus of Tehuantepec. The plank road will be
built first and put into operation. This will be completed
within the next twelve months As the ro9te is
opened and operated in this way the laying of rails
will and be carried through in the shortest
possible time. Messrs Earrings, and other eminent Eng
lsh capitalists, at the bottom Of this movement,
particular This will be the shortest route between New
York and San Francisco and that it will be the favorite
with the travelling public at all acquainted with
its advantages for moment doubt. From New York
to San Francisco, via the Panama route the distance is
1892 miles; via Nicaragua, 1851 miles via Tehu
anepec, S,S04 miles. From England to San Francisco
via Panama. the distance is 1902 miles; via Nicaragua
7,Oi1, and via Tehuantepec, 6671 miles The distance
from New York 10 San Francisco is, via Tehuantepec
& r,ila Than md miln near
than Nicaragua The distance from England 10 san
Francisco via Tehuantepec is S3l miles less than BY
Panama, and $40 miles less than by Nicaragua New,
Orleans avoraby located in relation to this route
than any port England the port of New York In the
distance saved. From New Orleans to San Francisco,
via Tehuantepec the distance sol miles less than by
Panama, and ,063 miles less than by Nicaragua The
geographical position Of New Orleans is, therefore, not
only favorable regards total distance but as
regards distance saved.
| great deal of time has been consumed and great
deal of negotiation legislation and arbitration expended
in clearing the claims Of conflicting parties and in
moving all distractions to the opening of this route All
this has been accomplished all interests have been
cled and shall have communication between
the Atlantic and Pacific oceans that will take the lead all
others Time between New York and san Francisco both
fer passengers and mails will by this route be reduced
fifteen days Some of most enerprising steamship
steamers and sometime during the year 1864 shall
the Tehuantepec company in the full tide of successful
operation The Panama route must monopo.e the trade
and traffic Of the South Pacific Ocean, while the Tehuantc
pee will command almost the entire travel and tai
Gc of California and the North Pacific This is emphati
cay the age Of progress The resources of the world
been developed to greater extent within the past
twenty years than in any previous century, aud the i'm
petus already realized from the improvements made must
/ lfty IL
power earth that arrest the progress of the Anglo
Saxon race. For than fifty years opening COM
municaton between two oceans, across the sthmus of
Tehuanepe, has been agatel by the different European
governments but they all failed in their efforts to prac
ticay demonstrate its feasibility 1t was left to the PEG
pie Of the United States to open to the world this great
highway Of commerce. which is destined to overshadow
all others.
The anthracite coal trade is just attracting
siderable attention The Iehgh Navigation Company
riyes notice that from the present until further notice,
the price of COAL delivered from their yards will be 50 81
per ton retail coal dealers generally have advanced
their prices The Iehgh Navigation Company, according
to their last report brought down for the week ending
Saturday last "a 1876 tons making for the to
that period 1858 1888 tons The Reading Railroad Compa-
ny brought down for the week ending Thursday last
Al 049 tons, making for the season 2Ss OOl tons The
Schuylkil Navigation for the week ending ON the same
GAO The tonnage by the three lines is rather
less than reported the previous week. though prob
bly, pretty equal to the capacity of the several lines
The aggregate for the week sS tons and for the
season 2, 703 500 tons.
The Maryland coal trade for the week ending the LIST
Inst increa scd 1850 tons the preceding week The
Chesapeake and Ohio Canal is in excellent order and the
Cumberland telegraph is assured that the trade would be
greater on for the sickness Of boamen who have
laid up their boats in consequence For the week 40
boats have descended laden with 463 tons of coal and
1914 tons of coke. During the time there
transported the Mount Savage road 5,2S3 tons and
over the of the Cumberland Coal and Iron Company
$685. tonstota for the week, II 100 tons; and since
the LIST of January last al 1888 TONS of which 225s SEQ
we're ported the Baltimore and Ohio Railroad
and 1888 descended the Chesapeake and Ohio Canal.
During the past week there also transported
the Baltimore and Ohio Railroad, from the Westernport
region tonstotal from the whole coal region since
the 1st January last, SIS ! 81 tons
The following is official statement of the tolls col
eced all the canals Of this State for the week in
September
NEW YORK STATE CAyMs-Tous COLLECTED.
An Week IN SEPT. Total 10 Sept. &c.
1916. .,...................$11 3,642 1891, 165
iS9a OBSERVATION-DISCLOSURES. l26,0l3 2,66l,251
1898 ACKNOWLEDGEMENTS. 163,99S 2,176,7S2
1875. .........,............ 132,1S3 2,137,350
1891. ..,.......,........... III, 06S 2,15S,1S4