The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-11-07

The estimate for the whole OF this year, 1885,
1900 OOO and here we have an excess Of SIS 900 on
ten months business II Il now esti mated that Q
remaining two months will giye about sl50,000,
which added TO the above, win make an aggregate
Of 1916 900 for the year. We should not Be surprised
TO see it 90 over six handred thousand dollars. The
gross earnings since July L. period OF only four
months, have been $244 sos II. For the last x
months Of the present calendar year the earning
will not vary much from four hundred thousa I'D
dollars.
Twenty-six miles of the Northern Central Railway
Is now ready for delivery to the company by the
contractors. 1t extends from Bridgeport, opposite
Harrisburg, to Millersburg. A locomotive and cars
have passed successfully over the track between the
points named. This at once makes q clear opening
nom the Lykens Valley anthracite coal region to
Baltimore, and they may soon expect supplies thence
Of coal. The work, we learn, is progressing rapidly
towards Trevorton, and will speedily be opened to
that region.
The Pennsylvania Railroad Company have de-
clared semi-annnal dividend of four per cent.
Mr.. John Tucker has resigned the presidency Of
the Reading Railroad Company, and Mr.. R. D. Col
len has been elected to ill the vacancy. Mr.. Cullen
has been Vice President for some time, and is in.i
understand that Mr.. Tucker has accepted tue presi
deDcy Of the Lehigh Valley Railroad Company.
In relation to the coal trade present and prospec
tive, the Philadelphia Ledger says
Those who express fear that the additional outlets
peIDsy vana'r great Ut pie anthracite col IS likely 10
Djure the coal carrying busiDess by dividing ~ to
make uDproo uctive generally, may take courage the
sc that 10 our esnaurtleas mines d anthracite New YORK
and New EoRand must mainy look for Their supply of
coal-the annual amount OF VIII CHI they now require
hat and ha IN
particular attention OF the pubc Tor each aud all OF them
are directly or inomecuy connected with H. Bal this
immense ana rapidly growing trade, Is observed by
intelligent cotemporary, u not 10 be coanaed 10
the anthracite Alone for by the means OF Connect
use, tho scaboard win be put in direct connection by
rail with the bhumnous rrgoas OF Maryland aud OF
Penpsy where this article exists in
such exhAustcss beds that should tho trade exceed
the widest theories In these days OF speculation thou
sands on years would fail TO drain them. Wood is be-
coming scarce, and consequently dear. In few years
The Of that article, fuel mus. entirely disappear
anthracite and biuminous take its place. bon in
the city and the country tor I'll manufacturing and cui
cary purposes, IN a gsaesal way here, aad for tn,
generating Of sieam whether land ocean. With
rapidly Increasing population and "A corrcsp, ndpg ex.
pnDi ot mercantile and Misunderstanding pursutts
We cer place no mils at this time, 10 the coal tonnage
which 10 may require In few yeas hence. As mat.
er Of necessity fna want various transporting roads
nphe cea heas for inc Will De able TO the
supply and, as u mstier Of economy direct lines and
descending grades, possible, impsrativcy demand
In ibese respects tho Reaong Railroad, the Ienigh
Valley, the Bv.dere and Trenton and sections OF
road pointing from mines 70 the borders OF the
State Of New York and the great Northwest commend
themselves to special favor They deserve sympathy,
and viii receive the encouragement OF every man who
consulis his own interest and the public good
The report Of Professor james Hall, New York
State Geologist, on the property and resources Of
the Ward Coal and Iron Company, has just been
completed and presented to the stockholders. The
compsny's estate embraces 2,9l2 acres of land at
Barrnllville, Maryland, is situated upon both sides
~ 20.
| and upon the easterly margin of the Cumberland
coal field. II is nearer to the city of Cumberland
and to the Baltimore and Ohio railroad, as we'll as
to the Chesapeake and Ohio canal, than any of the
tracts within that basin from which coal has been
worked to any extent The estate, in its relative po
sition to railroads has superior advantages. The
company are now at weak upon its valuable deposits
Of fire clay, and will soon have several machines 10
operation for the manufacture of fire brick. It il
the intention Of the managers to thoroughly deve
lope this resource before taking hold of their i'm
mense coal veins iron ore and limestone beds. rhi.
is wise pocy-one so different from that generally
followed, that it must attract public attention. In
relation ~ this resource VI the company, Professo
| Hall eays:-
Beds IRE chv out crop n numerous points on this O.
tate and the quality Of some Of these second 70
IN tho country for the manufacture OF tho best OF nre
bricks. Other beds, OF ess pure clay, are adapted 70
makirg bricks Of inferior quality aud the crop
svc rise % bcds of clay fitted for the manufacture Of
common bnildng bricks and for which parpose
/ uablc In this part OF the country.
This clay Is OF excellent quality for the msnufas-
ure Of IRE bricks II Is the Same IN quality tho bed
from which the celebrated Mount Savage Gre tricks
uiactued. The bed Ia ibe every whore along
is eastern our crop and be wrough. with irning
pcnfc. m likewise accessible NJ tho base Of the NIL,
short distance below the brick works. and wrought
either In with the lower coal scparaaly
has al the advantage Of gradual ascent the and
northeast the direction in which would be wrought
giving, st the same time dcs encing graie for the
ranf porAon Of the clay 10 the level Of the works In the
1 valley Of the north fork
In calculating the cost Of manufacture every care has
bern taken to include all possible expenses AMI this
estimate third more hss been added and assuming
the manufacture Of 10 900 bricks daily being half
capacity Of the machine, these bricks be made for
eight dollars per thousand The price market from
thirty 70 thirty I'VE dollars per thousand Large quaint
ties are present manufactured q the Mouat savage
works, and these hud markctin Baltimore, New YORK,
and IN whoeng -berg highly priced FOR thoir gu
persor quality Your company has bod Of superior nrc
cay, more advan,ascousy situated for mining and with
opetenh the distance Of ausporation, While your kns
are situated almost at tho muoths Of your coal mines.