New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-06

which is a fraction less than the per centaSe dur
ing the same period in 1919 The interest IS cal
culated on the Bonds in existence previous to
June l. 1850, adding months interest at eight
per cent on the lastissue of 81 eco 600 Aar esti-
mate for the remainder of the year, ending June
1851, will give from a. per cent. additional to
the net earnings, making in all, from l00u per
cent for the year after deducting as aforesaid,
the loss of $4,000
During the next session OF the New-Jersey
Legislature the following applications will be
made: For Bank at Paterson, with capital of
100000, and privileges of increasing to 100000;
for Bank at Salem with q capital of 100000
for Company with capital of 100000, to con-
struct Plank Road from Schoolcys Mountain to
EIizabethtown or Newark The available funds
in the State Treasury of NewJersey, on the lst
January next the Trenton True american says.
will amount to about 100000, including cash on
hand, transit duties from different corporations,
stocks and dividends on stock, bond and mort
cages and interest From this is to be deducted
loan of $4,000, salaries and other charges, say
s34,O0O-making LOCO, which, being deducted
from the FIRST amount leaves sac 900 avaablefunds
on hand at that date. This estimate may be yar
ed by that time but the surplus will no doubt be
between 40 and $4,000.
The Buffalo Commercial A2reytise says
We have seen letter from one OF the Direc-
tors of the Buffalo and Cohocton Valley Railroad
to a gentleman in this city, dated Leroy, Nov.
%. The writer states the substance of what has
been done, at the meeting of the Directors at
Lakeville was to designate one among the three
RJrrnr nNH
Bloods Corners, at the head OF the Cohocton Val
ley 1t was agreed to adopt the middle, com
monty called the Conesus route and to give the
people on that line ten days to obtain the amount
of stock that would fall to them to rase-ylz:
$4,000 The meeting then adjourned to meet
again as soon as the President should be notified
that the stock was obtained. On the 22d notice
was dispatched that the whole amount required
had been secured. and meeting OF the Directors
is soon to be called. Upwards OF 100000 OF
stock to the road have been subscribed along the
line, and there appears to be determination to
push it through. and that speedily.
In the meantime the Hornelsvllle ROAD IS going
ahead There is to be meeting of the Contrac-
tors in this city in day two, to sublet the bal.
ance of the work.
On Wednesday, Nov. 90 the dgnitaries of
Wisconsin made pleasure excursion over about
five miles of the Milwaukee and Mississippi Rail
road The few miles finished form the first Raj.
road in Wisconsin. The road is laid with rail
sixty pounds to the yard. The excursion train
went over it at the rate Of thirty miles an hour.
Among the pleasing Incidents of the trip was the
presence of Solomon Juneau, the oldest, and at
one time the only white settler in Milwaukee
who had never before seen a Railroad. The
change to him marvellous, for he well remem-
bers when the Indians hut held the place of the
massive buildings and $1,000 inhabitants which
now cover the site of Milwaukee.