New York Daily-Times (Newspaper) - June 27, 1855, New York, New York I June SammoT Under Hosiery of description and at lowest price will te tt CLB IfO Special attention li Invited tt this season to Introduced at OUT establishment and hart been approved for durability and cheapness A 4 Co No 104 Bowery COLUMBIA COLLEGE The concluding of ibe classes In College will begin on Monday ant Id July and lul until Tuesday 10th July They are held In the College Chapel and we have the rity of the President for laying bat It will be tef the Faculty of the College to find theae by Interested In snob will bond In the advertisement Annual will take place at Wednesday Ilia July HOLLOWAY'S OINTMENT AND world have as with one voice endorsed to of wonderful as being the only avra remedy for any old wound ulcer sore leg or sore even when all other means have been tried In Tain Sold at tne manufactories 80 and 344 Strand London and by all at 25 and per box or pot GAB da WARNER Co are now manufacturing Chandeliers and other new of Gu which for beauty of design and arc nn surpassed In any country BM at our great No 376 Broadway Alio a new portable gaa for country factor lei warranted The sale of 115 Villa Sites at Foil Hamilton advertised to come off on Monday the adjourned till Thursday the Inst at 9 o'clock in consequence of the weather The same tion will there be provided to desiring to attend For full tickets maps ice apply to JAMIS W or J T MOULTON Auctioneer No 3 street NATIONAL A most powerful of attraction ia announced at this house or to-night Little HOWARD and her parents are to appear two pieces vli The Lamplighter and King In addition to will be pre- vented the laughable and Interesting of 1955 or 100 Years Catarrh SnufT is now lor sale in New-York City by CLARK Co No 169 Broadway Jo J No 713 way C No 698 Broadway L LEROT No Broadway H No 29 In Boies with name and trade mark in full OB each Price 25 rents Bliss's PATENT PUNT No 119 See under head of Paints wish yourself rationally go and the exceedingly comic drama from London The Muleteer of played both this afternoon and ning at Barnaul's Museum and all the Curiosities of the thrown in MARRIED In thin Calvary Church OQ Tuesday 26 by HOT Mr T SAWIN of Dull do to film MCKOMB of thu At the residence of thn clergyman Rev J M Wetton J to JOLU M DIETER all of iy In Jone Tfi bf Hev Dr Foster to P faughter of John I on Sandaj JaneM BT M Mr SIMEON N FROST of lo Miu daughter of Charles A Kaq of At Cincinnati on 12.bf Rev N Weil Jr G SANDFORD Etq and JENNIE O ter of the laid O D ill of Cincinnati Al L 1 on Sniday June 34 by Rev John D Mr H WAITS of Citr to Mm MAHT daughter of ef iii me r Bt Lotus please CODT At N Y June 19 bv Rev P of tbe H E Church In HIM of DIED ID City en June 26 LOUISA C- wife of cit The friends of the family are invited to attend tho funeral on Thursday imt a 3 o'clock H SI from her idence No la CUT Friday June 21 at M Tho remains interred m the of tbe In this City on Monday June a PATTISON ased 36 friends inJ tre to attend his funeral un June 27 at 1 o'clock from No 16 June 34 M OLWELL of Olwell 43 rears months Had 6 dull The friends and relatives ot thn family are respectfully her her late No HSt at A Wednesday J one 27 Funeral at St Church Hor maini will be interred in Mar the am at Bridge HBQ uey and Mr was the ion of Henry Loads formerly tbe law of Van Vechten in Albany and and boing licensed in tbe legal prof enion ID be went to the City of York full hope sod and became connected with Muni Blunt No 11 in the of law After three jears of arduous and too confined application to business his health begin to fad under that most and flattering of all diseases Wben no longer able to lo the duties of the o flier he retained home where his protracted illness of about two received every attention and rate which find and doting parents and could till he yielded up tut to his Uod COMMERCIAL AFFAIRS Mu at tne Stock JUNE California 70 901 Indiana Stale B 14.000 do H 971 d d V IIKI iiia 1st lid KI do n 00 Erie Bonds of 71 911 LOCOH Rif fcl art 92 lOTOM in IK Cen ail do W do hi K 15000 do KJ do c H H t bds 87 N Y Cen K h a 8 R R 11 m bu 37 CUT Bank llf 40 an Hi 115 Hank Transit Co do MJ 17 5 Hanover Flank 101 5 b Bk 106 10 Com 1041 37 U S Twist Co 600 Canton Co 100 do MOIUrlem 108 200 do 100 do 100 do W H II R R 29 830 23 29 t W 100 100 un do do do MO ion so too 100 inn 41 do do d do d do do do do till 92 in 12 flj BID lift aJO 13 52 c hj 33 Mi 090 c 5 52 blO SJ 5.1 100 Jo 300 TOO Ciral Co ISO JL SCO do do ICO d Ccild TOO N Y Con R K 111 i 27 TJ a-1 iij 31 311 do U do di do do c SJ bin 52 53 do 10 R 42 42 Slich C'n and Pitts 67 2 Chi H R 109 17 flo 50 do 79 d 31 andT It blO kCO 31 li U 100 so 100 do do do do 60 Panama blO MIL IUI iJO llll i do do Bo do 6 11 K 1 N 110 K bdO 95 95 b3 b3 94 94 It li W It U Indiana it 111 C H K Mt da W III R K Hda Kit BOO New York B 71 M 6 000 do Canton Company 28 100 100 KO do 030 Trans IT do IT 50 Coal Co XXI do CO do XI Our III 1 a D 311 MO blO 31 88 I Y Central H 100 do i 100 Erie 100 to alo 511 100 du SB do bin 200 Ml Reading sj 33 do 93 M Panama 104 20 do 400 III Central H H X WO 100 Clev t R B M 310 do 13 the supply of Prime Sterling appeared to be in excess of tire demand Much of the business was done at 110 cont not to the buyer and very good bills were placed aj low as The settling rate with tho large Bankers for was They manifest of course less tion to use gold in their exchanges and the total shipment by this opportunity notwithstanding the fresh supply of Gold Bars delivered ready for ex- port use by the California steamer yesterday is not likely to exceed two-thirds the large sums recently gent by the Collins Line Tho engagements at the ship's oilier thin afternoon wore considerably below a million of dollars though other entries mny be early to-morrow im- proved look of the Foreign Exchanges and the cial statement of the morning of the Dank reserve of Specie caused a very firm feeling on the Slock Exchange and the dealings without being quite as heavy as on some of the very buoyant and tive days of last week show a general Improvement in 4 to cont The temporary de- mand and reaction at the close of last week is dently over for the present and the Road particularly were taken hold of with renewed con- The sales of Erie were over shares Brokers Board and of other Roads shares The of State and Railway Bonds foot up The Money Circulars prepared for row's steamer and the actual sales at tho Brokers afford the following quotations for a number of the leading Federal State and Miscellaneous Securities in this market for the information of parties dealing in them on the side City Philadelphia Ml Cincinnati St Louis 86 San Francisco Gs 81 i Milwaukee 94 Cleveland 106 New-York Central 1021 Erie OH Illinois Central 84 Erlo New-York Central OH 00 1031 Delaware Hudson 138 Ohio N Y Life and Trust 151 41 J 5.15 73 U States Os of U States of 1862 Ill U S 1848 104 U.S New-York lone 60 190 111 Ohio of Ohio of Pennsylvania 5s old 90 Pennsylvania 5s COD Kentucky Tennessee Missouri Virginia Louisiana da Indiana California FOREIGN EXCHANGES London Paris 5.15 Frankfort Bremen Hamburg Antwerp Berlin and Cologne The business in demand money loans for Stock purposes continues active moat of the at 6 cent to the strong Brokers Some of the Banks hold out for 1 W cent nnd the differences paid between cosh and time con- tracts at tlie Board are equal in many cases to 8 W cent The report a slightly increased offering of paper at present out- side rates of interest but they continue to be plied with more money than they can satisfactorily use in this We quote the range of discounts 6 to 8 days to 4 months names Banks generally 7 from their customers and on transient lists of paper The received today in Com from the West and Custom and other Government receipts The payments were and the Tegular balance at the close The Metropolitan Dank has made a yearly dividend of 4 cent The Mariner's ings Bark C cent interest per annum to their depositors the 1st of July Mr THOMPSON advertises the large sale of Indiana Stocks by r of the State Auditor for Thursday next tho mst The amount is The finances progress and prospects of the Cleveland and Pittsburg Road and its Ohio River branches are made the subject of a lengthy review by the Ohm Patriot This paper is printed in a Bituminous Coal region on and near the river from which the writer confidently be- Road is soon to derive a largo extra fic Thm part of Its business amounted to about lout il will reach this year and the mines arc ready to supply to the Lake markets tons which at the current freights lo the Road as soon as branches and tho main stem have the Coal ments to do the business The Cleveland and Pittsburg Company it will be borne in mind suf severely in tho general freight last Full from the failure of the Grain and other crops on the line of their Road This while they were strug- gling lo finish their Ohio River bore peculiarly hard upon their Bond negotiations be- knocking down tlir ir Slock In about cent although the latter stood high as par the year before The case it is now certain be very different next Fall or as soon as the present crop in lhat section of Ohio is gathered Tne main line an expenditure of for 101 miles ofthe Road and the equipment The gross earnings on this in were net In the gross earnings were nnd tlie ncl The Road operated for about 40 p cent As a further of was made to the close of 51 or to November the date of the full on the and Oh ID branches the cash dividends on the Stock cd The receipts present branch being at and tho Cost of mam lint branch Total of work Ohio lo Novi ml Estimate lo finish anil cost Represented Capital stuck Ronds sold To be The net earnings year if the be realized give cent on the cost of tlir finished sections but as tho unfinished work is n burden on the traffic of the year to the extent of the interest on the cost incurred the result would be something like Seven Interest on unfunded debt suy ScTen V f slock Nel Increase Towards funding the floating debt as it stood in November and the additional on the Ohio branches the Company and County Bonds unsold Second Mortgages unsold Slock lo be up Total Add Real unfunded means It is not improbable that the policy of the Di- rectors so foi as the dividends of 1855 are con- cerned will be to pay out to the Stockholders part of the unsold Second Mortgages of the Company nt par or the City and County Donds subscribed to the Road in Pennsylvania and which by the U nns of subscription cannot be sold under par We copy in place so of tho article in the paper as relates to the Coal Trade 10 be furnished to the Road Jane M was mail day for the Collins Atlantic sailing direct from this port at noon morrow There was an Increased offering of For- for time Circular for the Continent Tuesday Juno For three days after the of our last advices of June 18 the great then noticed went on In- creasing reaching u degree of seldom wit In our market daring which prices rescind culminating point of the week Tho demand encoding to almost every class of Stocks directed towards Railroad Snares and the mare current Railroad Donds A reaction natural after great and a re in some eases to real tee tne profits by great rise Induced a decline wide fluctuations en- sued leaving tho however generally much above our last week's quotations In this activity the European orders but participated being in most limited too low for execution A feature worthy in iho large amount of various Loans negotiated daring tho week either under sealed sals or at public auction and tho groat competition for them tho prominent of which wo mention below The bids for the New-York State G's exceeded the amount to bo In Stales O's and 68 118 has been offered without finding any sellers The rise on State Stocks upon our last quotations is I for Ohio 1 fur Louisiana fl's and 1 V cent for Missouri G's The two BI well as Indiana and Tennessee material change In prices gave rise to pretty active transactions In City County Hands transactions have been very moderate and there arc no worth no Tao great activity In the Stocl hot has caused a little more Inquiry for Money but the supply Is fully equal to the demand and the rates re- main unchanged On demand paper scarce for first data according to length DE COPPET CO Circular of Marie Hanz Translated NEW-YORK June 20 The ascending movement which prevailed at the Slock Exchange of our last advices and had already become marked was renewed with a redoubled impetus during tho three daye ensuing and affected all securities almost exception bearing least on State Slocks nnd most on Western Chares So rapid and extraordinary was the advance thai it finally lad on Thursday to a sensible natural of so sudden a rise Tho reaction was able on Western less decided on Stocks It continued to be felt rjp to yesterday when the Market turned and was again firm continuing so up to tho sent time Wo have rarely known 10 great a rieo and such important transactions In tho same space of timn The business of the week amounts to ex- of private transactions tho of which la considerable but impossible to determine We would further mention as loading features of the week a con- abundance of money a marked demand for all of securities on pan of home nn exceptional and proportionally unimportant demand from disinclination here to age new projects and finally tho decision by tho Court of this State declaring the New-York and Railroad Company liable for the frauds of its formor agent RODERT The case will probably bo carried up to the Court of Appeals KANZ Circular far England Per Tuesday June 20 IMS Since date of our last respects 12th inst there has been a material advance in all descriptions securities particularly those of the leading railroads Tho upward movement was caused by the favorable counts from Europe promise of nn abundant vrst the continued nnd Increasing abundance of money and the renewed confidence in railroad nnd bonds growing out of the resumption of cash dividends in several Instances and the prospects of a very large oh the leading lines during tho remainder of the year The transactions In the stick for the have been unusually large Prices reached their highest point on the inrit when Illinois tral Railroad bondn sold at 64 New-York Central Railroad at Michigan Central at 104 Cleveland and Toledo 94 and Michigan Southern 1101 There han since been some reaction but tho ket doses firm at our quotations and Ilko general im- pression is that a farther advance will be ing the Summer The new Issue of of V cent stock due in 1873 was tuken on 20th and inst at 70 This la premium ever paid for a 0 V cenl loan anJ the demand was almost entirely for Banking lo replace V cenl stock now In Danking Department on 1st proximo An In- for United Stales loans for tho same purpose tins advanced the price for fls to 119 The offer of the Secretary of the Treasury for of Government stocks has not been renewed There has been considerable activity in State bonds generally at advancing prices A large sale of 5s ed as security for circulation by some of the that Slate will be made at auction by order of the State Auditor Wo give below extracts from a late report of the ledo and Illinois and Lake Erie and St Louis Railroad Companies The last namnd Company bUH recently negotiated the balance ol its first bondn which insures the opening of tho line to Lafayette 203 miles from Toledo its eastern und within 40 miles of thu Illinois Stale line its western before the close ol the present year This last section will lie completed next Spring con- solidation ol the two ronds is ami their inte- rests are identical Their favorable location In one of the most productive sections ol the United States and the importance of their connections East and West with which they will form the shortest from St Louis and oilier important points on Mississippi Hiker to New-York will secure fisr them a large mid profitable The bonds which on account of the unlirt- condition of I lie work have been neglected until the late negotiation ore now in demand and have a strong upward tendency CAMMANN CO The prospect for the growing crop good Southern rivers are again reported as low and the chances lor increased consequently ished Tho In receipts In nrw bales and in on hand Increase In exports to Franco bales decrease lo Great Britain bales total increase to foreign bales A Tbe and Newark Railroad A meeting of the Stockholders and Bondholders oh iho Sandusky and Newark Railroad the Mr ns field and City Company iho Col ambus and Lake Erie Railroad Com- pany and tbe Huron and Oxford Railroad Company the three last-named Companion being consolidated under of the waa held yesterday afternoon at tho for the purpose of bearing tho report afa Committee appointed by tho Directors as to a plan for adjusting the financial of the Company The meeting which was exceedingly large wig called to order by Mr MAHB Jr who led as Chairman Mr WILLIAM M and as Secretary Mr WILLIAM The nominations being unanimously approved of those gentlemen ded The report of iho Committee was Ihen presented and read We give a full of its The indebtedness of tho Company on tho 1st of con- of original Mortgage dne July 1855 000 First Mortgage Bonds due in 1650 and 1860 of the now consolidated roads Second Mortgage Bonds Bonds Fifty Dollar Income Donds C L E mostly due and part to Judgment Judgments for money borrowed to pay Interest Ac Sundry debts not In for labor materials taxes ar- rears of Interest duo Jan and June Tho slock on tbe ISO of road to whila the equipment often class two second-class and three class locomotives twenty Block cars forty gravel earn hand care nine and three second clans cars six mall and baggage 137 wheel box 70 platform and 20 ditching care The Committee report lhat causes which have toil to present stale of are 1 The of thn road IB much greater than ness can render Tho principal item of business being transportation of freight it will not yield so large a revenue nor so great a net profit an if it VMS a hoi 2 The f too large for the total coal and a loss of growing out of failure of crops or other causes renders tho prompt payment of Interest uncertain 3 The failure of crops in fears 1333 and a logs of business worth In ordinary seasons 000 per year 4 Tho general stringency of the money market served to accelerate the catastrophe which sooner or later was inevitable The business of the Road yielded a gross revenue for the past yearn an follows Cotton Circular PIT Wednesday June 27 At the date of our last per Pacific ou the inst our market closed steady with of a pause in tho excitement which had the operations of the preceding to advices of continued and liunvy rauM nl tlie Southwest Tho lurge advance nt Liverpool by the Atlantic on that morning barely prices i K nl and was lost the next day by Iho prc of partien to realize on speculative purch which they hail in receive The sales for that week up to the arrival of tlie Si Lowi on the following day were bales which Includes shipments in default of sales here at maturity of contract Ordinarily the advices brought by the St Lows lo met ol nn advance of Jd have steadied our market but the idea ol receipts disturbed and IIB buyers for Jn did not come forward and an opinion prevailed that the A SKI would not confirm the quotations which later in the day prove J correct the market set in for a gradual de- cline The by the Asm woro received Friday morning bul did not exercise uny influence on prices a- our market to bo controlled by local crimes The sales and shipments were confined to lation Cotton ami have averaged about bales daily Our quotations are on c to Jc on ic on high grades in the fortnight linnir Thn rains which occurred a fortnight have nol hnd the effect mil imputed i tie rivers 01 Mobile have aguin rapidly fallen r discharging about baits in the fortnight from the Warrior River end leaving fully bales in the country which is now very doubtful of being brought lo market this son In January last we wore advised of bales Cotton waiting navigation at Aberdeen Miss on River is now no stock of there it been hauled at the current rate of V bale to Memphis for shipment Such tions place the early Interior buyers on a par with the high market rales at sea ports Some ton is reaching New-Orleans lied River but not above Alexandria On Inst ilio Arkansas had risen four feet at Little Hock which Is 100 miles Cotton and hopes wore entertained thai some boats would gel out The anil other streams will all be benefited by these BH regards navigation it ID too Inte beyond a single trip for light draught boats A largo amount of tho preterit crop is unavailable and we muat for the Autumn The crop figure will bo The crop in doing well tho being of benefit to it T J STEWART CO Another Circular Ptr NEW-YORK Wednesday Juno 27 Our last report hence pci Pacific was under date of the 13th Inst Tbe Atlantic's accounts were at hand the same morning advising a further advance of id V although of a more favorable character than anticipated failed to our market which closed quiet at then advised wilb Bales for Iho week of bales During tlie past week tho transactions have been at Irregular sales being lots In hands which offered at a define of V Ib of our regular dealers prefer waiting Inter advices rather than sell at this reduction our stock on hand being small without the of any increase present although uow nominal seem likely to be J if nol ted The condition of our Is better the advance in goods for the past two months being beyond lhat in Cotton nnd tlie requirements for our own con- sumption even in Iho ab once of an extended inquiry for export and speculation ia likely lo bo extensive even should no further Improvement in ed article take place On Wednesday the inst the St Louis arrived accounts of id advance and on the afternoon of day the telegraphic wore reporting the above Improvement lost but the market closing firmly at quotations of week previous Since receipt of above the inquiry hue been confined lo small dosing quiet Sales for the week including parade shipped from Orel For the first five months of the present and past three years the business was 1854 1855 The embarrassed condition of Company's affairs and the certain lo follow litigation seems to der a general compromise necessary Ings are now pending by tlie Trustees of the Ural mortgage of M S C Company to foreclose the mortgage upon tbat road These proceedings if successful would very Injuriously affect the value of alt of the of Iho Columbus and Lake Erie Company two Companies forming with the Huron and Oxford the present consolidated Com- and render entirely valueless tho quent securities and stock of Iho Mansfield S C Company If defeated it will bo at the end of a long and severe contest during which lac properly in tion will be another of fate of all things Involved in chancery hi addition judgments to a largo amount have been rendered against the Com- pany and parties who have advanced money lo pay in- terest upon bonds and lo preserve the property of Company arc their large arrears due laborers and men embarrass tbe business of the road It is conceded that the plan in for Irom securing to all or perhaps any their strict rights If carried out Iho 1st will cure ibe future prompt payment of their interest and the subsequent creditors and stockholders save thing out of what now is and without the com- promise It In therefore proposed as apian of adjustment To reduce Road by general con- cent to to be represented lows The 1st Mortgages an the Three Roads lo remain as the only Mortgage niter ing original bonds due July will be For the balance of all debts and Block stock lo be Tola! r Tobu issued as follows To holders of Second gage Columbus and Lake Erie Bonds and Dondi at iU To holders of Mansfield find City Conn and Second 10 V cent of II J ton and Oxford Second Mortgage and owners of ing Debt at 30 cents Old stock m Manifold and dusky City and Huron and Oxford Block at 35 cents on par Stock in arid Lake Erie as consolidated Stock 45 cents on par The holders First Mortgage ami ky City and Huron and Oxford to Four pons und of Columbus and Lake Erie First Mortgage lo surrender Three Out of first e to he appropriated to pay unfunded debt laborers materials taxes The accrued interest on the except First gage IB an floating debt and to be in Slock at SO cents Mr of Ohio then rorc nnd said Sir we hare met together here to tako into the expediency and reducing the amount of Hie of this Read in which wo are concerned Experience ban proved thai it is impossible for the Roud to itself with Itic amount of debt that at it nnd hence the of mcai la up its affairs under its present or that a new shall be adopted on which it bhall rest in un The report which has been presented I take it the material facts which are to be understood by those called on to act in the matter but have not had an oppoituniiy to understand these facts in detail I do not myself profess lobe able to enlighten this blage un particular being myself a only address to introduce to you Mr of Connecticut who IH a practical and who is largely conversant with the facts of ill H Road that will be useful lie is present and has be MI n to be here to mike such an u and if H lj the pleasure ol meeting to hear him I presume he will respond to your call Mr I 11 ic KILL ol Conn then came forward n na to the condition of Road lie MI id 1 have mi whatsoever in any of the or of Ibis it would be proper I should in a fuw words the manner in which I be- came acquainted With Ifie affairs of the Company I went to Ohio In company with Mr and Rome gentlemen lhat were interested to tho an- num election and lo acquire such Intelligence as to the condition uf the Flood as we could hi the few weeks we were to be en the ground Since that lime In May I spent between two or three weeks in us on between Ibis Company and the to whom this Road was leaded from these sources I have had to examine tbe Road the track lbc structure gleaned all tho intelligence that I have AM arbitrator I iho the equipments and I had occasion to look with FOUIL care nt its condition in the ter 1 in atie Gome examination of the hooks I was re- quested to attend this meeting under tbe idea thai that I thus got be of service I find that this Road originally consisted of before forming a Y at the ern Tlie Northern or and Sanduxky Road was relaid In und in the Road ON of the Sandusky and imd und Newark was leased for three yearn entire Road having then been relaid with heavy rail It that at the time that tin lease was made the hnd n debt which WUH HUH oil lo have In liy which they agreed lo Company agreed lo do certain ther works of construction such as certain lions to be nude at the Southern ind di pot to It was also stipulated thai three men should muke of the road anil n stall menl of HH condition and iti und Company was to mike these expenditures as reported n estimated wanta to the amount of COO und tho Road thereupon with went into the of luc who in February lo vurk Since that considerable of Iho work agreed been done but no sufficient provision for the debt have been nude so that it been a burden oti Iho Road tn the present lime That act together with the Interest which wan paid to December but fince remains annulled have rendered tlie net results of the Road Insufficient or juet barely lo pay interest on bonds but on account of the Increasing floating debt and lac policy of the money during the last year the proceeds of the Road have teen appropriated to present necessities and the amount of the floating debt still in- creasing finally in the Autumn the Company broke down finding U out of their power to renew their per or lo keep up their credit Tho great seems to me to anie from of capital which in marc ilia tha road IN worth and from thai nnd tho of tho flailing dubt have the of the company It ia impossible to a concern more ted than thla Is in Its present of these three companies each with twa seta of bonds then consolidated and in that having er set of a large floating debt due and overdue In all In which money can be from the amount accommodation to tho articles of amounts of money duo II tile debts duo ell along the line of tho Road with everybody lo make attachment for bis debt on all and rything that seems to belong to the so Is it that It seems hardly Impossible ihal II can go on Process has been commenced in Ohio for the purpose of foreclosure and sate on Sandusky and Mansfield Road and It seems lhat like action will be taken on tho other roads My Impression Is tbat the Road Is worth and will pay tbe Interest on the sum In the of two and Q talf of loat Icing with its present ba calculation for of 1 must saj U Is however will fol low In from the connections I taken Into account nothing from thai source li that In of Ibe Company amounted lo COO In 53 the sum of und In 54 the sum of It should be with that there been for two nn total the crop or Is a large Item of 111 In 1862 From Ibis source wan received an Increase of earnings from bul a decrease In this article In Of only wan received from tho full receipts were largely nn the Increaio Now a series of yearn I suppose Road must earn to from La local and Us nei profit management being economical 60 per cent of the grou equal lo or per cenl on of be earnings will larger As to the Road Itself a of hn that were provided for made but only a portion they appear lo have been more into during the lasi season bnl a good deal of have been laid as though cut off by this failure Ons large llein In these Improvements was for bridges the Improvement posed was to fill up an on eaeb side of the river crossings and then to put a bridge across these places One or two of these have boon completed t wo or 111 re e have thereto approximated while some ara jest commenced but most of those not are In a defective condition They cannot be called safe for any length of lime may be made lo lam wuh camion for one or Iwo bul good economy mands thai tney be rebuilt A is mosi work done Mr largest portion of work Is on the and Newark line A small portion of roed has been ballasted that should be completed it Is an item of considerable amount quite a number of embankments are loo narrow and want ing up TLe ties are gelling old a good of m were Umber that has been for a or two these need early replacing These I think of construction arc lo an economical of itie Road The with me on arbitration was on of the referees thai made the examination ofthe Road al Hi ell mo of the of the be also made tlie estimate at Us termination his name Is WM and ho IB a skillful en pin cor he took careful of the road al both times and lie also made an of iho amount rt quired which he supposes lo be about I should that any plan that should be adopted should Include within It a provision for an er- within tho three years of tt 100 000 lhat there Is hardly enough siding at pre- tont Tut in a complete it wul return per cent on amount of millions IH I have slated Its difficulty in thai 11 hag a capital debt end stock of four millions and or Is dor and the intercut is overdue on Its bonds and It in in a lo be sacrificed under Ibe first gages unless a combination be made and It shall be to the plan proponed In report I have not paid attention to It as I wai not Inter- ested il IB n matter for to decide but Ihal u is In- dispensable thai something be done I not point out As to the holders first securities they must have a good deal of trouble before win bo able to red I lie the worth of their money if they can bat concert 10 get this swept leaving il with a of the mortgage there can be no railroad in tho A GEHT No whal slate is the Mr good with ordinary repairs it would last for tan years or Indeed for any time Mr MAMN Jr of asked how the receipts had of remarks from gentlemen Mr CAMP of Committee explained that receipts had on count and in which had been mel up to last December The Company as long an jn hope Mr of Ohio on Mr Vice lo explain Mr of Ohio stated that he hid carefully accounts of the Company under HIP mon lhat something WUH wrong therein but be had pleasure in staling thai he bad all were faults in the conduct of ment bul no deficiencies or Mr HUNTER then the necessity of a new organization a matter which he considered and which is conceded to be an essential Mr MiNH Jr then presented following resolution 1 hat of the Committee of the for the of Uio of Com of of iho three net B of bonds by and inio a aail future of and thu BAirl Cum pany and lo an met ling Sumo canvcrRatlonal then ensued on ters of no public Import after which was submitted and carried nn amendment in lake the sense meeting on the of Committee being lent The following gentlemen were then appointed as Committee Messrs Dthon Lane nnd James Jessup then adjourned The r from tilt of inon to Of n 41 Sami period n M In Cleveland and Road From thi Ohio Junt TRADE WITH THE LAKES Thr perceptible in the over thin road Is well calculated to im- part increased to holders of an a manent investment In fart we know of no nl the low figures ruling for its that surb lo art the or 1st and 2d Mortgage of the Cleveland and Company The of a bountiful harvest up lo the present time never more encouraging A large crop of the trunk roids at a larger amount of business than at any earnings the means for relieving many companies from financial difficulties Our own one class nnd notwithstanding HH last were NO UH to make it to for a lime completion of both of the lower extensions It possesses according lo our view ral lo anyroad of Its length of the It is from Coal slope it has op- lo double Itn whole earnings as compared with of last year The lower end of the rand or part running from point of intersection with the Ohio and Pennsylvania toe present minus on Ohio River pusses through n fine agricultural valley rich In coal iron ore fire clay stone and ball springs possessing at the name lime eve ry to sustain a large population of road quite recently when com- pared with the upper suction from Alliance 10 land been Tenanted with indifference as also very mitral that will ultimately prove of ite slock from its present ruinous low price We feel safe in our ibal in lisi than ils for from caul alone will more than double the north Jme from other source provided the Company are willing and have thv ability to first suitable wharf al land Second n sufficient number of and motive power to awny the coal loaded dally upon the ferent coal turn To Illustrate the truth ol our prediction in regard to Iho coal over thr mad we navo only to go inlo a brief calculation of capacity ef each coal interest on Yellow Creek and to exhibit iho quantity that cnn be dally delivered into the cars to estimates each parly in by 1st or July next e will commence by assuming a daily average T n and Mouth Yellow 300 From York and Ohio Campari JJQ From Road Illinois I and Hiley tV Co 270 From Total dully Total 000 The Itc on this of Coal union nl lo loin nil sourras for the Jiar ol nnd uf lo enlarge I hi ir tlie of Coil that con lie mined will It only requires an ample supply of codl rarn nnd room in for to the true of Road II has long ainre bren predicted that for of the road would fall far short of the actual wants of the Coal interests and we dully bear complaints that this n already During pail much inconvenience has been felt nnd at limes not linn of the cars required for Coul mined could be furnished along line ol tho workd Ample for accommodating bi made hy the construction of cars tive of and providing a apace at land no Dint Coil can have or ship Its Coal If it IN f ht that even half at I tic Coal our H can Ibe road for transportation the interests of Stockholders and landholders ate attention to this important lor it m rent Ibal this very Coal when fully understood and properly will make lo tbc ol Ihu Company us lo enable n to Itu lo finish and 1 lie Yellow Creek Coal Fields together those the Valley and Coil freights over the road from ax soon as tbe road can furnish tlie means for transportation and a suitable place to deposit it at Cleveland can send lo the Lake Coal enough to produce an Income lo the road of per annum for the next live yeirs These aio the result ol careful inquiry and would no doubt be increased rather than diminished These are important farts for the ers and to holders uf the fact they should immediately step forward and aid m iho completion of the river extensions Canal From jAr Albany Evening Journal June TLe amount received for tolls on all the York Slate Canals daring the third week in Jane period In 43 IIT 56 Mils WHEAT 5230 buah la COBN The market for is with a it at previous rales lo Kpper nn tenna Sales 12 IKK al from storr or AT HU 1C OCO Kn 1 oai 100 IH SO SO 12 000 Jio Second IW li 03 11000 do 78 g X2 k P Ml W dol 100 4 250 do C fc 3 Hearer Meadow 971 After To 6t HI 1 1 000 Cam den ud Amlof Railroad 83 City tr Ml 1 ON lOQ n mi United As M 116 As a 00 M m nl H Arrived In m Vn Mn Wm J U Ji I Smith Jli HIT K A -n Mut Emmi John M M M Y u m C C G IT 14 B M n IT Mil N J H 1 mild H Jf liKly f r D J H I Cmel H n John J ly T A and Mr Krmi 01 C fj D II 4 P s une E S T li umi H U W hit and John J A H C K in In lark Mart m on Bun nira 4 TO KOB 7 34 I f 04 3 GOT B U I Hell 7 57 MARINE it JUNK X K K Unmet Hi m l Bremen G J K Haiter Krull on K I Meana Meant K J Pelen a Webster L k Co ir Cuba White k June Wai luce n Jk Bmt Son It Co White 4 fc Cn T Kirli H I Hurk U I k Co lit Alt a Abbott fc C I W D Rerun k derow W S Kii bl rij k IP New O leann Wed Jt to Melma t Di lal mm Br L II Br t C KI El IJa All Cn Molt Cn S I ti 11 i AI Botum li F r rl J t T Armed S CC S I Mill MUD uf n Much 8 I i Ji W H II U Mien Hi i in 38 lan nrd t t witn lo Win n A Soi h Ship nf Nr w folk hours to nc i Ltf horn April Jiti! May 9 m I bound 16 dr with ai il ft it t Hufler Hark M dmu 1 di with and to L 19th taxi nfl a i n fire plic tjul pHj waf with i wh ir Vi of 1 Hi inti r Palermo April 29 aul Mar Jl with fti in John All 6 Ji wUB coal lo r Hirk June 17 to H I d Cu Hnp T I f Mmy w tli Mini KI i 9 with to Law son dlr i N F 11 mih to J S luinn t Hi Ih W M dn In master d I di nnd lit V ml f Ulu II II willi b M ii A Weot El 11 lock P M on II e Hull on ude of afi 1 Wm 6 JP Bnd JUT IM i Echl Jlr 6 wuli fruit lo fl tilt 10 ruder H n It- lo II wilh In h tilir IV i rotton tc te Mr C Mult t Co Bchr with If C H Pit ruin Schr Smith 4 dt willi mil I Mi H L Echl G Kehr P Ur N S 7 ds j H 1> V Il Slir J M Conn wilh Schr Kra nun E k It Mir Turin 1 with Vhr W M lir tnr tan llin uli M itli roi coal for I r i 1 11 with coal fur h t onn tun c n d 3 p rn M jiy Hi PIT I'll willi fnr Now i of I n I It willi Mir l to H W t June 21 mill n lii 1 1 n i K S jib ah C 1 Hut n Jioni o u and itim I hof well l If r mlh illi r In Ji hn i SAll liar I in V fNU tt S t BT Junr Ne bulk H I r JDQ P II tin Aui AIM Fl Cuba Krte Am W m MJE Arr Si l l km fid Hit M If 1 41 il 1 n I J brinT IPT Hun I In of am i IK 1 ir arr Millie TI i- -i W clon I w In KIJ thit port rt lunr l IM I ion Ti fi d I IB with a boat fiu Khr L w Jt ckf f the Wm C muti ai 4 mn i t i V on i iti Irp report nclir uf maater ilA fin on t jlli u il a nl lumber and pun In Si on 13 Ih 17 luu S N W S i Capt M mall and rn the fur 10 a tint waUr fall ciri in 111 i nir 01 1 from the cairn On the I at M 1 n a when we took onr mire put il in hf blie cd to iulo limn Ini fm New York k mil rn il mi M li fl lui oo in a Hale TI i- them ware C 1 Y mail E huknt at o Allin up fur the n of for Koos May 31 fell lo Ihi til m tank At the wap me d out mid lo bp fol tin Kin r JVc Jun 1 lal Ini Ib Delina lor Ni nk Jnoe 6 Int 11 il 11 nf HIP N 1C nn i I June 19 lat 17 Ion 02 30 K June Hi of III tat from Ini 1 -.11 n June lal Ion IS lur Liverpool i N E lal 37 in Inn 72 V Eaton of and cm for from fui ForU Jone 10 bark hence for New oik June 20 Henri for Boiron in At Grand Canary Ma 11 bnn John for New York in 7 At Et Bobbins for Hew in fonr Al Palermo We I Africa May M Oen Pierce Hall from At Gaboon May li ble da Cuba Milter ach Pendleton for It Bermuda lore IT O M Robinaon At March 8 Dantel Sharp for tft Ifi vr
