The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-10-17

Paid on discussing checks 233S2 O5
The payments to-day include 500 600 Of California
drafts
AS low as anthracite coal now is, compared with last
years. prices, there is every prospect that IT win DO
;wer next year. New mines opening, and the faci
ties for bringing the produce to market daily in
creasing Among the many recent Developments
we hear most fatterng accounts OF those Of the Ma
hanoy region. The supply of coal is large and the
quality said to be at least equal to the best coming to
this market.
The Governor OF Pennsylvania invites bids from CAPT
lists for the purchase Of the public works of that State
viz the whole Main Line including, LIST. The Phiadei.
pbia and Columbia Railroad. 3D. The canal from Colu
bia to the junction at Duncans Island 3d. The Junata
Canal from thence to Hodaysburg 4th. The Allegany
Portage Railroad, Including the road to avoid the
inclined plane) and 5th the canal from Johnstown to
Pitsburg. Bids will be received until Oath December
next.
appears that the navigation Of the Gulf Of Mexico
is about to receive startling impetus by the cheap
ening Of coal at the Gulf coaling ports. Hitherto
the current prices of coal have been at Mobile,
50; at Montgomery, $40 and at the Gulf ports add
the West India ports, $11, $12, and $13 per ton.
Last fall the Alabama and Tennessee Railroad
peted to within from four miles of the extensive
coal bed which has long been known to exist in Shelby
county, Alabama. The coal had for years been
worked by individuals Tor local consumption but no one
thought Of deveveopng it extended SCALE in
sequence of the cost of transportation to market On
the completion of the railroad company called the Ala
bama Coal Mining Company, was formed, to work the
BEDS and has seems met with very marked success
1t lay coal down ut Selma at from 50 SO to per ton;
at Montgomery and Mobile, at from 50 to 80 SO; and at
the West India ports such Havana at from So to SO
per ton. The coal is said to be of the best quality. One
consequence of the Development Of this interest
4 - n.lrt..
PROF elerr, and in some to revoutonze the
whole navigation OF that part of the coast. The
psny is Southern one, and the stock is, believe held
entirely at the South.
The Chicago Democrat Of the 18th inst. says
Recent geological explorations in the southern counties
of Illinois confirm the fact that the coal deposits there
abur dant and rich Some Of the coal Of the
finest camel variety This particularly the case In the
strata in Williamson and Jackson counties, lying near to
the Central Railroad In Williamson the strata very
Of FIVE feet Of solid coal the largest seam
being feet thick. In Jackson there are seams Of
nearly equal thickness. These deposits being
worked 70 considerable extent, Cairo aaording
cellent market for all that is raised down there.
The gross earnings Of the Michigan Central Railroad
Company for the first week in October this year.
sos $50 r. against $40 47S 60 FOR the time year,
showing increase OF $13, 906 03.
At the meeting Of stockholders OF the Nicaragua Tran
sit Company referred to yesterday the Secretary made
brief report Of the company's finances, from which it
appears that the total indebtedness up TO to the 9th
"a part Of which is for current expcnses is $3.50 s54
and the inventory Of property belonging to the company
exclusive Of the franchise Is $274o 1884, including cash
assets Of $500 ooO The inventory includes the fol-
lowing steamers all Of which constantly engaged in
the transportation passengers specie and goods wiz
On the Alta nc coas-the Northern Light Star Of the
West Daniel Webster, and Prometheus On the Pacific
coast-the Brother Jonathan, Cortes Pacific and Uncs
1 Sam Talc sta Ia So arfo
and Central America River steamers--Sir Henry Bull.
wer, j. L. White, II. L. Routh r. L. Hunt, Morgan, j..
Ogden, J. N. Scott Col Wheeler, j. NJ. Clayton and
Granada. In addition to the above the company
number Of lighters, scows, &c, estimated to be wort
| at least $50, 900.
The annexed statement exhibits the gross earnings
the Gaena and Chicago Railroad Company In each Of the
rst nine months OF the present and past three years.
GAIEyA CHICAGO UNION RAILROAD.