New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-07-07

Railroad is now in operation from 81. Louis to Vp-
cepues on the Wabash River. This is sabiect of
great coucratulaton with the inhabitants Of 81 Louis
IS Il gives them another outlet IN the East Nv the way
NJ the Evansville and Charlottesville load TO T.rre
Haute.
We have received copy OF the Report OF the
Gun berland Coal and Iron Company made to the
stockholders June 4th last and the main eatCres
and figures Of which We have already printed. The
available assets on hand $3.50, 2e4 which It is
considered to BE- the interest of the Company to
tain as working capital The debt is now s467, 900,
due on the LIST Of January next, which the Report
states cen be provided for without embarrassment.
The Report recommends the sale Of such OF the Com
papy property not necessary for large business
considerable portion Of the report is devoted to the
question of the consumption of Cumberland coal in
locomotive engines subject OF infinite Importance to
railroad companies, and well worthy of their serious
consideration The report gives the result of expert
ments with this coal on the Norwich and Worcester
Boston and Lowell, and New Bedford and Taunton
Railroads, showing very great economy in the use
Of coal over wood. On the Norwich and Worcester
the saving the rate of 81 o20 per annum upon
LOGON olive running 3d. 900 miles Upon the Boston
and Lowell the saving was over 80 per cent. The
difference in running engine year with coal az 50
per tun and wood at Sc per cord would be $1,000 in
| favor Of coal. The report adds
cit is now used Cumberland coal 10 the almost
entire exclusion of any other fuel the freight and
rasseuger engines on the Baltimore and Ohio Road;
also on the Northern Central more generally known
as the Baltimore and Susquehanna Railway, where
wood can be purchased at - per cord ana within
recent date q most remarkable proof has bee1 FUR
nshed of its adaptation TO this purpose on s)me of
our Eastern roads-so much 30 that large establish
ment at Taunton has commenced the manufacture OF
locomotives for the use OF our COAL and others are
turning their attention TO the Same object Two en-
gines have been working various roads during the
past year with remarkable one OF them hav
inc run more than 20 600 miles with invarabe econ
omy as per experiment on Boston and Lowell Road,
showing a saving Of - cent III favor OF Cumberland
coel.
"Thst the use of this coal within a very brief
period will be as general on our railroads as wood
now is there cannot be a doubt; rapidly is II gain
ing in favor that its increased consumption for the last
five years is 81 cent against Is y cent Of anthra
cite II may here be remarked that on road the
Hudson River there was consumed in the past year
40 600 cords of wood costing the almost incredible
sum of $3.50 900. Cumberland COAL to generate the
same quontiy of steam and perform the same amount
Of labor would have cost not exceeding sl6O,OOO-
thus showing a saving of $4,000, being at 9 cent,
the interest of So 600 OOO-a sum well worthy the
attention of the stockholders of that and other roads
using wood as fuel at very high cost, and the ex-
pense Of which must increase in each succeeding
| year.
The Chicago Free Press is urging ship canal from
the head OF Georgian Bay to Toronto-distance less
than 100 miles.
The bondhoders of the Saratoga and Washington
Railroad, who became the purchasers of the road by
forclosng their mortgage, have changed the name to
Saratoga and Whitehall Railroad Company.
Judge Mclean of the Supreme Court of the United
States in the case of the bridge the Mississippi
River at Rock Island decided that the bridge not
TO be considered as an obstruction to the navigation of
the river for that railroads had become highways in
something the same sense rivers; neither could be
suffered 10 become permanent obstruction to the
other according 10 the demands of the public con-
venience and the necessities of commerce.
About 5000 bacs Cotton arrived in Mobile on the
Goth from the Bigbce. The river was again falling
The Belyidere aud Delaware Railroad is to be i'm
mediately extended to Belvilere
The Rutland and Burlington Railroad Trustees will
not pay any interest eLer Of their mortgage bonds
on the lst of August, when three coupons will be
ve'due on the fret mortgage y cents.
The Dubuque and Pacific Railroad Company have
advertised for proposals for the construction of the
first division of their road. The road is extension
of the great chain of railway from Boston and New
York West and now ending at Duneith ont he Upper
Mississippi opposite Dubuque, Iowa,
1t is reported that there is deficiency in the ac-
counts of the late Treasurer of the Eastern Railroad
Company.
Money at Boston and Philadelphia continues easy.
The sale of the Main Line of Pennsylvania Public
Improvements comes of at Philadelphia on the 2ith
inst. A correspondent, "A New-Yorker,' writes us
as follows upon the subject:
Taken il common with the probable fact that in
few years the Ohio River will be improved with dams
ard locks the sale of the Main Line of Pennsylvania
improve which is TO take place on the cath of
this month holds out to the City of New-York an OPP
potuniiy such as she never has had aud never can
again have at anything like the cost OF securing
10 herself the lions share of the trade of the mighty
West.
1T is estimated that g. 600 900 will complete the inn
provement of the Ohio River from Pittsburgh to Gin
cnnat, the latter of which with its vast net of rail-
roads ard rivers must be the great converging point
foI the immense trade of the West, while Pittsburgh
with iis four diverging Atlantic must be the
conduit for its Transmission to the East
Now II is is the point where tits evidently the policy
of New-York TO turn her attention aud it viii be
strange indeed with the aid of the Allegheny Valley
Railroad the Pennsylvania Canal and new and
direct railroad through the heart of Pennsylvania III
necessary the right to construct which Is given in the
bill authorizing the sale, New-YOrk cannot command
the gr share of the trade of the nine States bor-
donng on the Ohio and Mississippi Rivers.
81 can scarcely think it possible she will permit the
present opportunity to pass unimproved of obtaining
tie control the cheapes, and most direct and natural
channel by which this trade can be brought to her
doors, after spending than 400 900 900 10 reach
1t by several circuous routes all involving the ncon-
yenence and drawbacks Of greater distance repeated
irarsshipmenis and much more rigorous climate.
"ANEWIORKER1
The adv ertisement of the sale is annexed
NOTICE IS HEREBY GIVEN that by authority Of an Act
o. Asms{ q Pesn,y yaSl spgIoss,d Nay 1855 yin be *
lhl1aelTtia Tuesday the 2iih day Of July, 1885 q
eeeek p ~, he whee Msin Line Of Public Works between
Copr b. Railroad the Ale chevy Portage Railroad, intending