New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-09-16


New. Haven and Hartford Railroad Co. was he'd
at Hartford on Tuesday. The report of the Direc
tors exhibit the affairs in very prosperous state.
The income for the year ending Aug 81, 1885,
95l a
The expenditures for The period were.. 29i475 70
Balance for net rec. AS IS
For The year eneing Sept 1877 the receipts -, 90
For The year ending Sept 1873 5i476i n
For the gear Sding Sept i, So. " $3.50 o.
For the year enoing sepL 45o757 So
Increase. ................$7 6,757 81
The whole number OF passengers transported on
the Road the current year. was 386,876, being an
increase over the last year of 66,l29. This large
passenger traffic has been transacted with entire
exemption fr m casualty. The total number or
miles run by the passenger and freight trains is
2lG, 300. The Directors have declared aemi an.
nual dividend olive y cent, payable on the lat of
October; and q vote passed by the stockhold.
ers declaring it ezpedienr that the Directors
should within the epauiDg six months, declare an
extra dividend of not less than five y cent to be
pa d in cash or stock, at their discretion There is
an apparent hurplug OF earnings Of $500 900, which
is now inv ested in construction account-tracks DE
posts steemboatB, &c but nearly half Of this will
be absorbed by depreciation, &c. leaving coo
clear urpius, which it Is the design of this vote to
have represented by the issue OF new shares and
divided among the stockholders either in cash or
stock, as the Directors shall deem exPedlent
There was little or DO opposition to the voGe as 1t
finally passed.
Tbs grading for the double track between Ber.
lin and Aeriden is Dearly completed and !he tack
will soon be brought into use. The Of $751;,
PSI has been expended in the construction OF
the Branch Road to Middletown. OF this amount,
brori hadh vzf NJ tEcfr,
30 far az completed il wss opened i'll March last,
and the amount Of business contributed by it to the
main line has been satisfactory. proposition to
offer to the present holders of the per cent bonds
OF the Corporation which have threejyeers moro to
run, per cent. bonds pay able in ten years, in ez
change. vas voted down, after some discussion
The following gentlemen were chosen Directors
for the ensuil YER, viz;
Chnrles F. Pond and Charles Boswell Hartford Elisha
Peck Corr elius Vanderbilt New YORK; Chester w.
Chppip. spripgfed James g. Brooks Aerden; Frederick
Griffin, Guord; Ezra C, Reed, New Haven; Ebenezer
Jackson Middetown
Mr. Pond has expressed wish to retire from
the Presidency, in which case, Mr.. Chaplin, of
Springfield, will probably be elected.
The New. Orleans papers of the lat inst, contain
their annual statement of business transactions for
the faca year, from which we learn that the ex-
ports of Domestic Produce for the year ending
June 30, 1850, were ns annexed
EXPORTS FRoM sEw.ORLEAHs.
Total Sd quarter, 57Oa 9Ig
LIST 1850 Observation-Disclosures. sO0it,9l9
- I'd - ACKNOWLEDGEMENTS. I95oi''ol
Total for The year ending June 80 l85o S 959 g e
The year previoua 10 9S2 OIL
The exports oftoregn proQuce fo he same tne amount
to $497 t73
At Boston the street rates for money are rather
higher in conse quence of the preparations making
by the Banks for their annual reports. First clans
names have been sold at III On call the rate is
809 @ cent.
The revenue for tho month Of August on The
Baltimore and Ohio Railroad has been az follows
For Pes eogsr. For Fteitht
Washinglon Bfsnch ............ IS, 256 Sc 8678 81
S55,o3o 60 S77,22l 80
Making en- aggregate of 5lO5 1924 II on the Main
Stem, and $50 93l AZ on the Washington Bach
the total being, Sl32,225 So.
The above shows an nlreGss tao CORES
pondng month of last year Of Sl2 705 80, being
e5 665 81 on The Main Stem, and 81 042 rs on the
Washington Branch.
The Cincinnati papers all speak Of the full abiI-
ity of MensrB Ellis & Morton leadiog banking
house of that city, to stand the on them which
had already drawn some 100000 from them.
Some of the richest men in Cincinnati had offered
their assistance, but their own resources seemed
to be sufficient The annexed statement from the
Cincinnati Times shows the probable origin Of the
run,
On Saturday last it vas observed that an IN
usual number of Germans and otheFs presented
check for their balances, but nothing serious was
thought Of i During Sunday the rumors set
afoar were extensively circulated, and on Monday
yesterday there " as general run for money oy
this description of depositors which was met
promptly from O'Clock a till O'Clock P. N. two
hours beyond the regular hour for closing when tbs Tell
ers beuR que eIbsusleo, closed business for Inc day
The heavy de posilos mechans did OF eem 10 he aware
of The iii about II O'clock AUD they hoon determined
only slow their accouns TO remain IN stIfh quo, 0u
any omounI WAS rendered 10 tins honzs That IN gcI
CURED suuhin the sudden and unprecedented demand
oF ceshshey appearing 10 npdef'and perfectly weil ne
machinery put motion oyerIhsm thin popular houte
if possible arc the for IT,
Bessu Ellis honon 90 poI iuue notes, but ranstcl
heavy ge busiues, their large capital
and oepo's Of when they haa PfooGDi dou9is nose o.
any Chartered Bark ths city. !eegrsphc Spach
from The Cashier Of The American Exchange baas He".
York, dated Eept g, o'ciGcs "a EHIed Eli Nor.
toms balance there 10 % OfO-and no doaD 'nefe Is
large Gmountin trsoslu J"
STAND The Bsnss OF Ohio viii throw one light prob
origin cf Tho attempt to break them down by
corp de main Lssl year the shofnssa Of ihe Whehc'op
reduced the uIuA amount Of WeGern fu1ds nj the Ea1
depended upon 10 mes payments for goods b. hs Of OK
charge. Ths shornsSs must be supplied and lhe
BanEE did disposed u fill The vacuum hsr notes
fps, ub!e on de1ibHd" preser,ed ny Mtssn ID.
tbs representatives n he commercial community spe
Gle diE~n BsGt 10 furnish exchange.
This f' bustness rEDsst gD mpeled by the necFssl'
Hes Of The crisis looked aggression bY ths
banks hhou gh nothing sgEed OF then except fulh
rsnl OF their promlea. Theo followed lhe Bank
League noticed by al yarou' times lasI Summer,
witch proposed 10 put down exchange 30 az 10 make tie
shpu Of specis uDpfofabe bat did not ceed be
cause busness OF large city cannot be controlled
by ,uch Insufficient Fhe Ohio banks finally 10 ssI
defence, began the business when they had con-
derned II Aessrs 4 81. and commenced drawing
specie from the LdiauA bAlEs from which Ebe OHIO nsu
luiolt drew srge smo5Dts Tho indieba banks
weeks ago IetsAied HE Ohio bsnks and appointed
Ae'HE Ella AoftoH ihef agents. This increased tho
ho5le feeling, and HE OILY break up this houso
lhet asutd poies excite disirnsi by he
dsposIors and If possible 70 0rcs hern atop payment
THE suppoe be The The presenl hubub
Il N