The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-17
FIN ANCIAL.
" the SfnekhoIdera ~ 4ha Cnr.hs-la. ~ ~

FINANCIAL.
CUMBERLAND COAL AND IRON CoMPANY-yu
the Stockholders Of the Cumberland Coal sad Irsa
conf. rmity with the sprit q your rsseu.e. Of
lest %s' sSs Il:
the s present nd q. Of the eompsny,s ansirG-
Hsryisna psrpssUsl sss :ss
%liios. K
ference is provisions that they are Il iss
extent :s
mine we'll its into coke-transport
81
at its cptopbuld and own bossS for s u.s., on sSs
Chesapeake Ohio Canal any other canal az well Is
s.pssf
Ohio Canal and Baltimore and Ohio Railroad to part "
Tn. Company also to and
can be made available should the
prsats than az Ss mort ass
without value the charter duty
The PRESIDENT .rd Board Of Directors visited Ans-
Of h e. IN
which undertake with II comprises
tho lanss roads shops mills houses and property q
A
@ @ Ss;:
e.yson Of the coal itself They jointly capable
"a nsss III;
roads are worked by locomotive The former four
%s Z sis S with ss G of o It.
road and Chesapeake Ohio Canal the latter slcvea
The union of al these Companies under control sni
one ess ss was caused IS you are aware by the prosm
Injurious well to reduce needless
SCENTS and foresight y Prasessd
cs%psp tAs ss s re a By q s
e. rs ,rdSa s9 s s.y .
ure by accrning instruments the accessible portion Of
the ns rns sso.
Is is
well e s :a
S0ds f. ss s aa the % s
of lands and its financial condition mine trsns.
81 t. With tS tide 30
invdous intended when affirmed that,
an sfs This fsaos
gssis 1 ss
Curing the sss fifty shsrsfors
ss
M s.ssass S S:
been wholly inadequate supply the greatly Increasing de-
sas s'iG
on the & n & 1n
that will enable K e. supply
ana
best Substantially built canal in the
The President and Board Of Directors forbear at this
obvious advert with any par.
&ssssa
ct q
0fthat COMPANY with property Of tho Coal
Company than other interest existing which
for II We %
n ns, p T. is hardy ss The
i
Ss.s$
Of M. ss OF as the
under contract in possible This sentesa
ter e Of bis p On a 2
for the sale Of the property referred drs day st
=; sSi tho Court Of A,ssA..'
Win 5 90 .Ss rs
diminuton In The from the mines Cumberland;
hence to Baltimore BY the rsroaa and to
By the sm sass the Ts Of Ss.
% aln % aS Rs inss 70 b;
for he alton during the next Of
fteen hundred tons day more ss the demand
the of the from
dminhsd Curing the lac: 9S Adl
presen. session. esa,ssd ugder The
cents per ton Arrangements in progress by which fur
the sa IN the st
The charge for mining continues be %
essnI and Se has been rsda.
that ss b M per
extent ofsl cents per ton still further reduction the
within the this company by supplying
ola facilities for its shipment from Baltimore and AL
So ven and firmly established is the reputation Of the
rabe scientific analysis this and Europe~
and to n
~ thu s report wST
nails Of the federal sovernmentby the
iron sl,;
be ss p R" ALI
The daily demand for it is its best and triu
Affairs the s.t Of May 1852: ''''''1' = ~ ''p'
Real Estate, 50 92i,24S 60 Capital stosi per
Improvement &C. ,.o,,,,o Charter. .So,WV.UUt "
Canal boats and
Bills Receivable. ''0e' -
cas-. cos. s sS sss 60
.by Co l56. POI s7--oo3l6 IS
cs ;Isnsa stock NOV 500 COO 90
Ts closing ssSsss %. and board
sSrs Ss aTy sss their that the
valuable The enterprise an of the
federal the State Of the tho
individuals have developed the region
Of two great arteries of tradeone canal and
railwayat aggregate cost exceeding twenty-five
lions Of dollars. One OF these works may be said
wholly dependent the trade These
investments present. perhaps, the most eloquent sac
tory and conclusive commestary by dntereted parties
that could he uttered tie value of the
Company. by order OF the Board of Directors.
LOWELL H0LBRO0K, President.
OFFICERS OF CUMBERLAND COAL COMPANY.
LOWELL HoLBR0oK, President.
EDWARD i. LOOMS Secretary
Dreetors-J Washington Tyson, Of Maryland; Chas. NJ
T1ruston. dol William Young, Of New York L. W. Dun
ham, do; u b. LOOMS. do Charles Day, do Henry Cog
gill, do; ID. Randolph Martin dol VIM. H. Appleton do;
Thomas W. Gale. do: Charles u. White, do.