The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-09-13

smount there remained s7o sl4 ST. The to
tai earnings Of the year ending June 1864 we're $780,
COT o. expenses s4o4 leaving tbs net earnings fer
the year e5 9T6 o. After deduchng s2ol4 III Tor de-
precaion &c the net earnings amounted to sA2o 7o2
So OF this there had been appropriated Tor various
purposes including tive dividends Of four per cent each
he sum Of 1854 456; and there remained eurplas OF
sec 800 So which, adasd 20 the surplus Of 1883 mafes
total surplus on me LIST Of june last Of g. The
assets Of the road a. the OF the fiscal year amount
cd 10 4eS5I3 49, and the liabilities exclusive Of The
State loan of to e2s3 22 o. The net earnings
for the year ending June ], exhibited intre Sc Of
$50 67 43 those Of the previous year and the net
expenses an Of sb4 g. Thus The receipts
have not in equal ratio with tae expenses.
Some Of the items which compose this extra expense
an increased amour. OF distance ty the traine high
er prices for fuel higher wages, and he substitution
Of horse power for steam in entering Boston. This
last item has increased the expenses STOUT $4,000 per
annum The directors devote trie. portion Of the re-
port to vndicaon Of their Of Advancing their
passenger and freight fares Daring the pas. year the
directors have found it necessary purchase additional
land for depot purposes at several stations Of the
rior The meet extensive purchase Of this hind at
Lawrence the amount bought there excseding $50 0co
During the year. also four first slass LOGON ove Eve
new passenger cars and eighty Eve freight cars,
purchased for the Of the .osd.
We publish she following ststemen. OF the President Of
the Caledonia Mining Company This company pur-
chased tie Caledonia mines Of The Parker VEN Coal CON-
pany, paying the last company $4,000 shsrss Of
the stock OF the Caledonia Company. These shs-ee Of
stock part Of the assets Of the Parker Vein
Company. $4,000 shares win be offered for sale by TIE
trustees At Diapers suction Friday, the 18th inst
II % important 10 tie stockholders Of the Parker Vein
Company that the shares should command fair price,
The proceeds via be applied BY the trustees to paying of
the aoa.h debt Of the Parker Vein Coal Company
The Caledonia Mining Company is incorporated unde
the laws Of Maryland, with capital Of 81 600 000 divd
I'd into shares OF SO 20 each share. The company
81 Of land on the line Of the St. George
Creeh Railroad within ave miles Of the Piedmont ntation
Of the Baltimore and Ohio Railroad al Of which is under
laid with the fifteen foos vein Of the best coal 10 the
Cumberland ar Georges Creek coal fields The improve
ments on the property consist Of large number 81
tenants miners houses, Offices, barns, stables
roads railways tip houses sdeings and other necessary
conveDisnces for mining Tho daily produc. Of the
mines 10 400 tons Of COAL which, wish moderate outlay
for additional improvements may De easily increased 20
1000 TONS The personal property Of tho company
ssts Of mining cars horses and mules, aud other apph
snces required in -s present operations Tho mines and
fixtures, and all the property connected Herewith are
in excellent order and afford the bes. working capacity
with the greatest facility fo- market. The company
600 shares Of its stock and has no float
iDg debt outstanding bonds The lands of the compa
ny subject to liens Of about 492 00O payable by in
saalments extdg as long as seven years: to discharge
these liens 81 shares Of the stock OF the company
standing in the Of trustee for that purpose
appropriated, which cannot be otherwise appropriated