New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-09-08
The Norwich and Worcester receipts for

The through travel shows consideIaoe increase
which has not usually been feature IN the Norwich
earnings This result has been produced by the
vast Improvement ID the boats on tins route and IN
the general working Of the road
There was one less working day in August TINS
wear than last, which makes the increase equal to
$500 There was also payment Of about $3.50
under the head of d" Mall &c >" IN August, 1880 for
freight service done for the Worcester Road IN Jan
uary and February, which. IN comparison OF ms
sort should be deducted. The actual increase for an
equal number Of days run would then be about
$4,000, which shows very favorable condition of
the traffic OF the road
We announced, few days since, the
opening of the Michigan southern and Northern In
diana Railroad to Bristol, Ind. Yesterday II was
opened to Ekhart, making, now, line from Lake
Enc OF l46 miles In operation In ten days II Is eN-
pected to be open further distance OF - miles, 10
South Bend, which Will make the line IA operation
IGI miles. Since the lst OF December last these
Companies have opened and put in running order Il
miles Of new railroad, and by the Isl of January
next is expected about 90 miles more OF new line
viii be opened, making total Of l6l miles opened
IN about 10 months This certainly viii be railroad
speed applied TO construction.
The earnings of the Central Michigan
Road for August show large gam over August Of
last year. The figures are
August. 1851 Observation-Disclosures -S9sOO0
August, 1850 f>OoO
Increase (over % y cent? 10000
The aggregate earnings for the first eight months
OF the year are Sb50,OuO
same time last 46s 600
Increase Inearly 40 y cent? $is3,ooo
The Georgia brings 5 100000 on freight
and 500 coo IN the hands Of passengers, making
81 &c., Coo which the full amosnt expected by her
The receipts from California within The week have
then probably been, per
rrcme'hous i1JD5o
Empire lOl,VlO
Georgia ---l,yVV'uVO
To,ai.-................-... 50, Ooj
a N0"-V''' "ii9- --''
Total. 650,0U)
The month promises 10 yield s5,O00,oOO, which :
considerably beyond the amount we shall probably
export. Although we shall doubtless continue 10
export largely OF Conn., certainly until the new Coz
ton crop begins to 60 forward, yet il must be remem-
bered that have already paid twenty eight mil
.onS Of dollars of our Indebtedness TO Europe IN
specie and so much balance OF trade IS out of the
way
The exports Of coin last week were in
the aggregate s259,7Ss. The Hermann had sl57,OOo
Thomas b. Satterthwate, ESD, has been
elected President of the New-York Mutual Inslr-
ance Company IN place ofBache McEyers, deceased
1000 shares of the new stock of the
Bank OF Newburgh were sold at auction on Tuesday.
The bidding was spirited, and the average premium
obtained was 50 80 y share of s25
In reply 20 a letter TO Phi [. Fuller, Esq. Con
iroller of the state, asking information he furnishes
the following, as the lis, of Llfe Insurance Com
of the Act Of the Legislature OF the State Of New
York passed, Apul ;, 1881
Mutual BeucGt Life Insurance Company OF New.
/ jersey Newly ork llie Insurance and Trust Com
pany OF New-lorS New-Nork Life Insurance Com
pany OF New.Nork United states Life Insurance
I Company Of New-York Albion Life Insurance
/ Company Of Loncon Mutual Lie Insurance Com
pany OF New-fork New EngIand Mutual lie In
/ surance Company of Boston Manhattan Life In
Suranoo Company OF Newly ork.
Previous 10 he aforesaid Act going into operation,
+ there were N tins City number OF Companies, al
seeking the patronage of the community and an pro-
missing 10 pay 10 the heirs OF those who should ACCEPT
/ Ihtr offers millions Of money, az periods more or
/ less remote The Legislature passed an act, ana
suddenly more than hree-ourlhs OF all thoS. Com.
/ psnes depart from 50 extensive and inviting field
of operations.
Many questions naturally force themselves upon
the inquirer especially TO those insured IN the ms
\ sing Institutions Why have they lefi our CITY and
state Are there any acquisitions IN the Act which
sound Company cannot OF ought not 10 comoly
With To some minds the latter query Is sufficiently
answered oN SIMPLY looking At the above list They
have pronounced the Law Just ana proper Otner>
may wish % know what the AT does require To
this w say. IN brei, Onlg TWO things First a de-
pCSlt OF SiOtttO Wth tue state Controller the Com
pany beng Silil allowed 10 receive and compound all
NE interest and Secondly, PLAIN and frank eXhlot
81 The tFue and actual condition O the COEDanN i
$lthtr unreasonable or OAeEouS on an Institution
pfOmSns 20 pay millions a. Y remote period OUGHT
+ ho' an insurer who wishes 70 provide a flui for
4 Surviving NlNow or children % De furnished with
'V.Stnce ihs. he does not lean upOu broken reed
Nhe more query. SuppOSlnS Il possible that an
agent NJ IS hoped here Is no. one such forgetfl
o' The recuSruonS and penalties Of this act ana hiS
own eaty as aezen should N Sla;lon of this sw
now issue PCl.cy coyesty. wolsd that Pohcy be
valid So '''N-'
We oonmen6 tAs subject 10 the ca.eful at,ent,o,
Il those Interested.
Goods bought in Philadelph.a for the
Wes: at beng sent though tbs CIV ieg transpor
iai.on over he Ere Railroad
The steamer al Boston brought s63. SIS
,n gold
The Atlantic Fire Insurance Company
Of Srooklyn. have declared q senii-auRual dlyidsad
cd , sat. T. brooklyn Flre Insurance Gonna
~ asvs naao 10 d CEN. dis;,enl. The Camden
AID Aiatos Railroad ~n4 .ae D1i4aase AID Rtfi..n
Canal Companies aaye c< dared seai. a8aual 1irl-
ceId e.s = csA..