New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-08

The following are the receipts and disbursements az the
Assistant Treasurers Office:
9Se 9
Bsa1cc ess75O 81
The Marion from Charleston brought small amount Of
con $4,000 and the Merlin for Bermuda carried away an
equal sum.
At the Mining Board to-day the following sales
made:
500 Ulster go Mineral ........bN
Jco Mineral 100 Montgomery
The earnings Of the Chicago and Rock Island Railroad
for May
For Freight and Mails. s7H %
Total %
The annual meeting of the stockholders of the Ogdens
burgh Railroad held at Rouses Point, Monday. The
report read at the meeting showed the total earnings
Of the year 1852 to be s4sOl2s expenditures s2si2oO
The report shows increase Of income 1851 of 81
per cent and of expenses per cent No dividends will
be declared the earnings of 1852 but the income will
pay all expenses and interest the debt and should the
income continue TO increase anticipated the stockholders
will soon be in the receipt of handsome dividends
Another important sale Of railroad bonds announced
by Mr. S. Draper, for Wednesday. lie will sell three
hundred convertible per cent bonds of the Coam
bus, Pqua and Indiana Railroad Company first mort
gage security, maturing in 1862.
The road runs from Columbus Ohio lO2 miles west ward
10 Union the boundary line of Indiana where 1t joins
the Beefontaine and Indiana Railroad 1t thus connects
two leading lines Of Railroad the Ohio Central and Seu
benville and Indiana Railroad, which coming from the
direction Of Wheeling Baltimore and Philadelphia termln
ate at Columbus; and the great line of railroad running
East and West of which the Beefontane and indianapolis
road is link The cost of the road is only $4,000 per
mile towards which cash subscriptions have been raised
Of s967 500 and bonds under two mortgages S00OeOO
provides the remainder.
The earnings of the Chicago and Rock Island Railroad
for May, are S3l,4ls 90
Some publications have been made in relation to the alb
sence of the officers of the Mississippi and Atlantic Rail
road Company from Tere aute 1.-THE time of the lettings
We understand the he that certain matters of pres
sing importance in regard TO the western termination alb
soutey required the presence Of the President and En-
gneer at St. Louis the 10th and nth of May and that
Mr. Eaton the Engineer left the latter day for Terre
Hsue being as soon as his services could be dispensed
with at the latter point We learn that since that time the
contracts have been assigned all but p miles of the
Road and the contractors notified thereof The remln-
ing contracts will be assigned within the present week.
There was much competition and the work has beenle on
very favorable terms.
The Chesapeake and Delaware Canal Company has
made dividend OF three cent sir dollars share.
This says The Philadelphia Ledger the first dividend of
this Company in many years indeed, we do not remem
Der that tie stockholders have before received cent
1t unfortunately got into litigation before it was fairly fin
shed and aterward had many expensive difficulties to
contend with in keeping the navigation free from obstruc
tons For the last few years its business has been ead
B increasing and hope for the credit of its patient and
long suffering stockholders that is now fairly on its feet
An important verdict banks has been rendered in the
Louisiana Courts in the Of Alexander the Bank of
Louisiana.
Plaintiff is the syndc of Peter COnreys creditors, and
brought suit aside act Of mortgage by which Con
rey Hypothetical certain real estate in favor OF the Bank
Of Louisiana 10 the payment of an alleged loan OF
s75eOO for which be gave prOmissory note. Plaintiff
seged that at the time when the act of mortgage was
the b pk well knew and that the mortgage was given on
account Of Conreys previous indebtedness to the Bank
and not for any bona de loan given at the time OF its exc
cution In short, it alleged that the mortgage was
executed in fraud of the rights of the general creditors
and 10 give the Bank preference.
Judge Lea after review of the testimony concluded
that the transaction not what had appeared 10 be
upon its face Ii appeared that the money temporarily
loaned and appropriated not only to the extnguish
ment of COnrey's matured obligations to the Bank but
clio 10 the payment Of Obligations not maturee TO tue ex
tent Of S43 600 So far the proceeds were appropriated
the payment of immature obligations the act should be
set aside.
Conrey was heavily indebted to the Bank and required
facilities the extent of $4,000 lie at that tine
wholly unable pay his debts The effect of the trans
action with the Bank if maintained would be TO abstract
from the aggregate of Conreys assets property to the
value of SIS 0O0 which would have been applied in quda
tion TO the payment of all the creditors proportionay
The defendants should have informed themselves of the
condition Of CoDreys affairs, which they cosd have learn
ed from his books The creditors should not suffer for
their mistakes.
The Court therefore gave Judgment in favor of the syn
die annuDg the act of mortgage as to its effects against
the creditors of Conrey, far secures the payment
Of $4,000 with discount thereon reSeryng the rights OF
the Bank ordinary creditor.
We have the following letter from trusty friend expe'
rienced in Lake Superior Mining, dated
EAGLE HARBoR, L. S, May 2s, 1853.
DEAR SIR have devoted the last few days to visiting
portion of the locations in this vicinity and may be
Interesting will give you the result of my observations
The PhGnix or Eagle River Dggings again at and
exploring. The Superintendent has abandoned the old
mine aud has also suspended work the two veins that
were spoken Of in such favorable manner last winter
This Company good tract of Land and ought to find
a pay ing mine.
The North. Western Mine improves as the ground Is
opened up II the direction of this Company had been ~
the bands Of Boston NewYork men, IT would now be
divide paying mine is, il will pay expenses the en-
suing year The lower levels look well and in stopping the
backs they getting out rich barrel and stamp
The stamps in operation and work admirably This
mine will ship this from seventy five to eighty tuns
Of Copper
The Dana Vein has been abandoned, after having been
driven on $50 feet in the sd the tenAh0m level extended
200 set and shan sunk l2s feet They now sinking
on chiore cross course which contains little Copper
IN seae ana shot This vein with the formation and
hes between the greensboro and conglomerate 1t not
The Summit Company have commenced work on vein
OF very ia promise IL rich in barrel and ssmpwork
near the surface They appear TO be determined drive
the work with ygor and will probably prove IN the vein
this season. The Winthrop Company have driven an sdit
Of about 200 feet but have not found anything but very
Mot Norshw~t-ES.