New-York daily tribune., 1849-10-25

10 we stand,
Do-sr Essnsion sas'I75 q
Boads AZ, "a
ls,o.f -
Due ssofy, hill " go "
Dsouel unpaid Ins'slHsn'' or preferred s,,.,o
DsSi proviaeG for IL propos.iloa..... $500
Cssh on 2'-4s -
,72l IS
which makes the position Of toe Company 50 much
worse than estimated, instesd Of s595225, and nearly
=. Of which 10 msae up OF c7crcost OF the DoVeI LA
tension The SO 900 ofold stock 70 30 Issued a. par
should bs put with the debt becsuse when the settle
fnsD.s for The Extension msde there wss no one
20 be found who had agreed 10 receive this ock ana
consequently the bonds were Increased 10 thss extent
This would ieduce the above amount to s2ls,72l 81
The writer n the Commercial does not credit the cash
on hand on The supposion tina, the interest on the
Jstt would absorb It, wheress the interest on the debt
had already been paid and the cash on hand was actual
surplus
Ee then says after arriving at the above result OF
s59s 225, which we have thus reduced to s2ls'72l'
With the outstanding sccoDn.s sod materials on hand
,or,orss~nt he tanss OF the road frol Apf l. 4' 10
lie ISa1 Ia months As the amount Of outstanding ee-
sr ana rnssrss hand ~ the To- NOR dsls are nol
yven Ills nsufsy proper ihst they should not nov be
s.rssied ia insii'opg comparison. They msy be less
or more Than al thst rne but is Probsbe tina, The
differences Que way the other would vary the g'sho
ot.l enough 10 impair its general accuracy
The latter sssumpaon 10 without good basis The
outstanding accounts Of the rosd snd materials on
hand have been largely increased snce April 1875
no, lacuding the eqapsse Of ihe Dover Extension aud
Of this increase 10 Ia real estate which has been
bought With wise forethought for the future wants
OF the road Ths Increase OF sss't ts whatever II uey
be should be deducted from the S22s 2 arrived at BY
our previous statements
The ConlatrciaTs correspondent then takes up the
estimates OF tho income OF theRosd for lsis which were
made in the Report OF April, lss5 II IL useless to
waste words estimate which has long since been
Abandoned Tho Dover Extension running into thin
~ settled country which had already been drained OF
,, pso3ucc and which until just now another crop
hsd not accumulated did not produce the results II
other wse wsuld and the es,in ses ofs contributions
10 tho revenue OF the Road were not realised Toe es
umalos based on the regular increase oil ine re-
oep,s Of the Road as II advanced no,h~Td TO Crotcn
Falls but they were fslacious. 1t does not follow nov"
sver that because the Directors we're wrong In 'hl'
osso of new road they should also err In their pre-
sent estimate when they have much better data iof
far,n,ng an opinion The estimate for l54s wa.
$500 600 the receipts were s3lesO0 showing gres' eS
aeps.s The e.,imate for the current elk months IL
~-~
this the correspondent Of the Commocal thinks ia toe
large and endeavors to establish his opinion by com
p,ri.ons with previous months The comparison o.
tho Summer Of lei9 with the same months of ls4e i
m.niie,,iy unfair as the Cholera In lsi9 exercised
vs-y upf.vor,bs influence on railroads Neither s The
comparison of the coming three months with the mrs
three months of the present year. which he makes
fsir one as the Dover Extension was not regularly
xorkne "A now until the middle of February and th'
New Haven Road uatil about the 20th OF January
There are s.o several new elements Ia the calculation
this year which mske any comparisons ineonclusive
Ooe. 10 the steady increase Of the NewHaven traffic
aud another the enlargement of the ireighng business
on the Dover Extension which, as the crops are nov
gathered, is becoming an important feature
As however nearly four OF the six months estimated
for have espsed get at the prospect OF meeting
the estm ate without comparisons excepting with them
selves The earnings have thus far been as annexed
'sss ~ w.
August....................... % % ~
September. shout. sVVW
octobsr, ssIimaied.'...' '''''''.'.''.. toVvo
Total. ....................$loo,see ,see
October thus lar tss year 10 quite up to September
while last year 1t o. 900 behind IT, This leaves
for November and December e73 100 or $50 $50 each
The average OF the above receipts 10 $50 29o per month
Tee pub.sed receipts Of September wore s37.oo. but
the actual earnings about $4,000 as several rn'
settled accounts belonging ths, month came IN al
terwad.
With tho now elements have before noticed
working to sustain the receipts t IL not certainly ss
-gmns too much to estimate $3.50 per moIth for
November and December. Ths same increase vaieh
osio5er shows over las, October will be sufficient
The correspondents remsks on the expenses Of tic
Road We shall notice tomorrow.
nisTkes...cAs,yVLLr REforrsD goa faE Ysisyss
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1876 lsn
re- ssss--i - 4Ff
Year 80 tri
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