The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-08-08
Increase over OF per gent or......... 81, 6l3 10

From the report OF the business on the Reading
Railroad for 1854 1t appears that the average loads
for the year were 4i9 tons of coal, intending the
work Of the smaller engines. These loads, 1t also
appears required three engines of the class TO
carry them over short plane al the terminus Of the
road. of forty feet to the mile; and IA the cost for
each ton for repairs of engines. fuel, labor &c. is
put down at 1858 cents, exclusive Of roadway,
may throw aside our prejudices, and determine by
facts how far the Reading maintain monopoly
Of the trade, and how far are dependent upon its
management tor the eheapness with which we
obtain our supply of fuel. The road itself il but
ninetythrce miles in length, and by the report Of
the last weeks business il has all the facilities and
appointments for the transportation Of 5000 900 of
tons OF coal, besides it, enormous freight and pas.
senger business. On the level part of the road it
appears that the load Is transported al the rate Of
ten miles per honr, while ON the plane the three
gines taxed TO their utmost capacity at the rate
Of three miles per hour. This fact in contrast with
q road where the maximum grade IL forty feet TO
the mile gives to the Reading the advantage Of
1916 cents per ton; or IL the elevation IL extended
to sixty feet to the mile the advantage will be equal
to ~ 50 per ton-an expense, in contest for
living profit, sufficiently great TO determine the po
sition Of the road. nt in examining the last weeks
business IL appears that the canals are up to their
pacity-,hat with all their extraordinary luck in
he supply OF water, and immunity from disaster by
freahets otherwise, their increase (giving the
most liberal estimate for the balance OF the season)
this year, on the Schuylk and Lehigh, will not ex
coed 100000 tons, nor i il possible ia an estimate
for next year 10 increase the amount. The new and
wonderful roads being built, with the new aud won
defiu mines being opened, win De beset with con-
tngencles not yet dreamed ot aud the year will close
II the manager. Of the Reading will II, with about
the same results to the market. The mining Of coal.
il s now understood IL the work of time, and not Of
fancy. II il also accomplished by science and labor
saving machinery, and not by the wish or the will
Of the SPECTATOR, nor can II he brought TO market
without proper adaptation Of the works and an
outside business 20 sustain them. These fact, are
revealed in the Sciuylkill region aud the Reading
Railroad, and however they may interfere with any
Of our recently acquired notions, they are. nevcrthe
lcss, confirmed by the experience Of all engaged in
the business. After thirty years experience at the
mines in Schnylkill county, 1t il now understood
hey are ready for the demands of the market, aud
should the Reading Railroad reduce their toll 10 81 SO
per ton which they do without interfering with
their enormous revenue, and regulate then tolls
~ 10 induce early orders II must secure the trade,
and will so reduce the price rs TO interfere with the
dividends Of opposing companies. Thee mstters.
based ~ they are upon practical data, and prolific
as they are with reflections are worthy the atten
lion Of railroad philosophers, speculative coal oompa
MES, and particularly the capitalist Who has realized
his fortune and desires to retain IL.
The Bank OF l.ansngburg has not had any of its
notes stolen by the robbery OF the Commercial Ex
press Company OF Troy. The notes stolen were on
the Rensselaer, County Bank OF I.ansingburg and
were sent by that institution.
The Cumberland Miners Jotyual Of the ID inst,
says:--
From fhr FrDsrg region the shipments Of coal for
tie week ending saturday July 18th 1855 the amount
of coal transported tho Cumberland and Pennyl
yannia Railroad, amounted to $40 tons At Thu place
portion ~ this amount, i0S tons ran.ferret 70
canal thc balance. 2J0 tons, cent by railroad
From The Georges Greek region for the week ending
Saturday ash ult g2I o. tons shipped the
January for the thus far amounts 70 10 ~ Os
tons The SHanOn Coal AMI Iron Company portion. u
these amounts IL 200 0t tons for The week aud ~ s 0i
tons for the year The Cumberland Coal and Iron Com
rhny shipped the cDnpnny's railroad Ta9."S tons
In n,e aeek I02 203 81 !. r total shipment.
ITO year 1 9sT ~ tons sent ~ railroad and
75g 10 by canal from THIS place frotu the View
Creek mines, via the Hiunor" and Ohio Railroad.
1G5 o. toms shipped for The week. $50 - ION. hay
ing 10 market fer the from THE region.
1hiriy-cyt boats descending the Chesapeake ami Ohio
Canal during ihe week ending Saturday. 18th nltno.
ttansroring s20i tons. The number ~ boat. would
have ben greater, bat Tor The sinking y boat and
washing ia OF bars, which oceaslonrd sot" detention.
The export OF specie froa Hesloa Tor the month Il
July lqJ5 vas NJ foloy-.-