The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-19

Compared with the corresponding week Of 1854,
this shove decrease Of s610,616 in the amount
thrown on the market this yesr.
The Reading Railroad Company up to the l4th Of
February, had brought to market 24l 6s7 tons Of
coal, against 232,S05 !tons to the same date last
year. The gross income Of the company this year,
compared with last, has been much larger than 40.
pears by the above transportation Of coal. The
Reading Railroad Company have now other impor-
tant sources Of revenue besides is coal business.
After long years Of delay, the great line Of road
70 the North and West, via the Little Schuylkill,
Catswisss, Willismsport and Erie, Sunbury and
Erie, and Willismsport and Elmira roads, WAS
opened on the 18th Of December last. These works,
costing st ksss g. 600 000 are immediate feeders to
iLs Reading road, from viii h very large increase
IL its passenger and merchandise traffic may with
esA lence be looked for. Tine business from thi
soIice cannot be computed At less than from tsree
10 five hundred thousand dollars per snnum. Til
y considered . reasonable estimate. The distance
nom Eimira to Philadelphia, by way Of New York
y 363 miles, passing several grades from 40 to
50 feet TO the mile; while the Distance by the Gaia
wissa route is hut 262 mies-maklng difference In
favor OF the latter Of 10l miles over road having
but one grade Of IS feet to the mile. Besides the
opening into the Mshanoy region, and thence
through the ultimate connection with the Sunbury
and Erie TO the great trade Of the West the Dauphin
and SIsquehanna Railroad forms direct communi.
cation between the valleys Of the Schuyki and the
Husquehanna and connects the works Of the Reading
Company with the Pennsylvania Central Railrosdex
tending to Pittsburg The trade BY the Dauphin and
6usquehanna will bes valuable one. portion of the
coal which will thus reach the market Is peculiar.
being semi btumiLous, and adapted a. substitute
for the bitumnous coal, rather than competing with
the anthracite. From these various sources-the
channels designed BY nature for reaching the trade Of
these regions-the Reading Railroad Company have
ultimate prospects beyond any estimate which has
hitherto been made. The travel and raf, from
these sources sccount for the great increase In re-
ceipts, in the face Of Q moderate increase In
the coal business Of the road, which Ia Of local
character entirely. The ecal business must continue
to be the great source Of revenue.
During the year 1868, 1885,, IA tons OF coal pass
cd over the road. During the year 1854, noswith-
Standing extraordinary drawbacks, I,9s7,s54 tons
were transported; which, at an average Of 81 63i
per ton, gives an aggregate sum Of So 253,S 1872 7S.
From passengers, merchandise, mails, &c, the fur.
ther sum Of 1927 ,453 Is was received-msking to.
eetber gross income Of 1871 $50, equal TO $40,.
666 per mile. From this sum deduct the expenses,
extraordinary charges, interest on loans, renewal
fund, &C., amounting TO $685. 25 70, and the net
income amounts to 81, 435,2l0 30--which. on the
capital stock Of 1853 (,656, 332), Ia equal TO dvi
depd Of upwards Of twentyone and half per cent.
Hthe coal transportation this year 1850 shall b
no greater than that of 1854 the amount Of business
derived from new sources by the extensive ;ton
made With other railroads, win swell the gross income
70 about four and half millions Of dollars, without
much additional expense in operating the line This
Immense revenue from ninety-thse miles Of rosd Is
unprecedented in the history Of railroads In this
country and ne do not believe Il IL eoualled In any
part Of the world. 1t averages Q gross receipt Of
upwards Of t4s, 900 per mile. The average receipt
per mile on all the railroads Of the State of New
York. for the year 1854, according 70 the report Of
the State Engineer we're but IS 49, II therefore ap
pears that the average receipts Of the Reading Rail
read per mile are about 100000 more than the
average In this State. We annex comparative
table showing the cost gross receipts, length, and
oes increase in coat Of the three great railroads In
this ccuntry.
RAnRoAD FHlScrs-coxrARATIyT PRoprcnyNEss
Gros Cost per iroom
Contra. S ss Cos co. 600 IS scc Goo ,ss sd s GOO
Reading. % is.soo,Oco $4,000 1900 Il 900
This ba avery important and very ins.ructing table
It Ehoss at glance what tae public have long
bean wanting the comparative productiveness o.
prominent railroads. Holders and operators In the
stocks Of these companies know actually very little
about them, what their value IL based on, or any.
thing else. We lave added TO the cost Of the Erie
the cost Of the roads IL bases a. the income from
all 10 reported in lump. To carry Gus this compa
rison, We snrex . statement showing the real pro
6uc:ivensss Of each OF these roads,
RAuHoAp FrAScu-Pn CENT Gaoss AVID MT Iscoxr
Groa Gross Inc. Ne, inc.
1854. Cot. Edrntnls Cost Cost.
~ \. Cent. SIS, 100000 100000 1sKp.c. exp. ..
Ny. h Erie. 40,00C,oO0 5,20o,0co 10 So