New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-12-31
a NED COAL TERMINUS.

TIE DELAWARE, LAcKAwANNA AND WESTERN RAIL
ROAD COMPANY BUILDING SHIP CANAL AND
SHEDS FOR THE FUEL OF NEw-YORK.
During some years past the Delaware, LaCka-
wanna and Western Railroad Company, for the prlv-
leCe Of running their the branch railroad
which leads to Ezabethport have been paying the
NewJcrsey Central Railroad Company certain per-
centaCc ton of coal that passed over the rails
of the latter. This in conformity with contract
entered into between tho two companies. which has
been EXTENDED from time TO time, and which expires by
Limitation on MAY l. 1875 The Delaware, Lackawanna
and Western Railroad Company have notified to the
other company that after that time it will not use the
atters rails and does not to renew the lease In
anticipation OF the expiration OF the lease the lessees
have been making preparations to have vast store
house for erected HobokeEthc eastern terminus
Of the road Land adjacent the railroad has recently
been purchased and immense sheds are IN pro-
coss of erection 10 accommodate al! tho coal
which shall pass 'he road. Besides the
extensive docks and water fro. possessed by the
Company at Hoboken, where from 100000 TO 100000
tons OF coal can be stored the Company now build
ing n large canal which will afford accommodation to
vessels of the largest This canal ia 5000 feet
long 100 feet WIDE and Will have depth OF IL feet Of
water when completed The most cordial feelings exist
between the two companies but IL is manifest 10 both
that the improvements now making al hODoKeh are
intended TO draw the shipping coal trade from
Flzabetbport 10 uOboken and it IS urged that with
equal facilities the latter Will be the most desirable
depot of distribution. The advanced are its
nearuess TO NewYork the saving OF time, the facility
with which the coal may be Obtaned while the induce
mepts held out by the railroad company are quick de-
livery and lower rates. 1t ia proposed to carry
the coal to Hoboken at the same rates or
lower than to EzabetbpOrt and 1t Is claimed
that with all these inducements the coal depot
will soon be transferred. The NewJersey Central Rail
road have announced Its intention, after May l: OF
taking nm the third rail (Which IL was compelled 10
retain 40 long as the other company used its tracks,,
and abandon the broad gauge In the 1uure' IIis VIII
in turn reduce of carrying us coa 10 lne
MORT and the result will probably be, as Is Already In
mated a reduction OF rates on this line Also Mr. sioaD
Compapy stated Saturday that these changes were III
perfect accord with the conditions and termination OF
fhe contract and implied no iwil between tue compa-
nies He thought, however that with the vast Iacn-
ties which his road possessed az hoooken W "aao S
grand coal depot for New-York, the result could
not but be mos: favorable TO the road, benehclal
TO the dealers In coal and advantageous 10 the com
munity at large. He said that when the tunnel IL com
Melted which thought would be in eighteen months
time the advantages gained from the estaDshmeht OF
the coal depot at Hoboken would be manifold he
stated that the tunnel is making very RAPID progress
shafs have cut down 10 the grade OF tne roa
and at both the and west ends large FORCES are WORK
ing The railroad the east OF the tunnel VIII pass oser
which have already been given out On the west SIDE
the road will be carried over the Erie Railroad tracks
These numerous improvements, Is claimed VIII make
mat road the great carrying line from the coal regions
direct TO the City Of NewYOrk The expense OF CARRYING
n ia asserted will be reduced and the facilities for dehv
ering 10 dealers and consumers VIII be, II Is stated
greatly increased The result Will De lnmeuaey W re-
duce the price OF coal In the city