The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-29

30, 4S6 900
The last annual report showed tho earnings for the
year to be 1896 $40 r. gain OF sixty per cent on the
previous year This Ia ample to pay the interest on
bonds and the dividends preferred stock. The re-
csps this year. thus far show handsome increase over
the last year.
meeting OF the representatives of the State Stock
Banks OF the State Of Ohio held In Colubus on the
18th and 10th ns for the purpose Of inquirng
frauds said 10 have been perperssd upon the said banks
by putting in circulation ths genuine note, Of said banks
with forged signatures and filing up The result Of the
proceedings - follows -
1st That the smount OF such paper in circulation is
comparatively small, and may be, by the information
here given, readily detected.
ID That in ell such frauds the names Of the
we'll as those Of the presidents and cashiers aud tho
filling up, are forged aud the numbering Is mperecty
executed and is in striking contrast with ths genuine
figures Of the register on the true notes
3d. That have discovered frauds of thi, descrp-
ton on tie following named banks, to wit
Union Eabk Of Ssndusky city.
Elsnkin Bsrk, Of Portage county.
Bank of Commerce, Cleveland
Merchants BArk OF Massillon.
Stark County Bank
Piekawsy County Bank.
4th. Measures have been taken TO procure new nj, IT,
which to print the circulation Of said banks as soon
as the sams can be prepared AMI that impress
tions OF the old plate will be Issued As the circulation
OF the State stock banks Of the State Of Ohio is well
secured By Ohio and United States stock deposited with
the exception Of the frauds above named canton ths
public against any sacrifice IT, and them that
no loss can possibly attend any Of the genuine notes Of
said banks.
The following inforSnston relative to the arrange.
OF the New York Central Railroad Is derived from
Official source
At the FIRST meeting OF the Board-Itb July lastthe
executive committee were authorized to take MEASURES
for double tracking the road from Syracuse to Buffalo
without delay and to adopt all such they
might, on Examination deem necessary TO put the en-
tire line OF road from Hudson river TO Lake Ere with
It's rolling stock and machinery, in the very best
I dition.
In pursuance Of this revolution ten thousand tons oil
iron have already been purchased ordered, ADD IL
! In course Of delivery.
Nearly the entire line OF road has been examined BY
competent engineers and the board at their meeting
the 2Sik Of july ordered the repars and i'm
suggested by them to be made under the direction Of the
executive committee.
Tsepty. seven additional locomotives have been pur.
ehated or ordered, and four hundred freight
/ are in process OF construction.
Fifty hrst class passenger cars are also about to be
defed.
\ Arrangements making at Buffalo to increase N.
freight odatiops at that point Extensive inn
provement in the buildings the line will be made
soon as possible. At Albany new engine aud freigh
house are pow erecting, and grounds have been pur
chased for spacious passenger depot These various
improvements will probably cost three millions Of
dolsr It viii, Of course require considerable time 70
effect ycn but |. Is determined 10 make the road
pete double track rosd from Hudson river to Lake Erie
which, IN all its arrangements and accom- nodations
shsl que equal II not excel, ang road Ia the country
The eatsr pat Of the means necessary for these pur
poses been secured BY tho present capital and nj
resort 10 AIRY further issue Of the stock for the purpose
I will be neeied,
The charge that the wages CT any Of the men on the
road have been unfairly reduced Is unfounded. Soiot
have been rdacod where II is thought proper to do
ohers and rot afcw hare been increased according t.
her abilities and the labor performed No Injustice hs
been inthded to Any person and psrsmouous polio,
nas esr adopted The lsbor OF conductors will be re
dnsed instead Of being Increased A conductor VII,
formerly passe over the Nuea road twice day, hun
cred and hty tlx miles will 20 from Albany t. SYRIA
Gff X.Nie mill. nd
other portions of The line, tho entire road being
dvided into two Divisions from Albany to Syracuse
the ether from Syracuse TO Buffalo; giving about on
hundred and fty miles for his work Of conductor
Over five hundred tons OF new iroo have already bee
put down In place OF old iron removed aud all the ol'n
s,osh 81 The road Is undergoing the most thorough er
arsisation and repair.