New-York daily tribune., 1854-08-22


e32.7l0 80.
The earnings for the seventh month Of the year 1884
were s27775 &C. exceeding those in the corresponding
month in 1853 By $500 Ga.
the gross earnings months 1884 lSs 757 o3
The gross for months 1885, were'''''' o9l4 -
Increase year 1854 is3 eent............. sss2I 81
We have heretofore noticed the five y cent. scrip
dividend Of the Cincinnati, Hamilton and Dayton Rail-
road The earnings of the road for the past six months
were s233 ll5 So showing increase of s33,7 70
those of the corresponding six months Of the previous
year. The increase in the number of passengers carried
WIS 80 e25 The net earnings of the road avng been
spplie5, during the past six months, to permanent im
provomons and work upon the second track, made it
necessary for the Board either 10 borrow money at high
rate Of interest 10 dispose Of the bOuds OF the Company
ut ruinous sacrifice to make scrip dividend, thus
borrowing Of the stockholders. The latter
deemed most advisable.
The contract for constructing the Pacific Road awarded
to Mess. Walker and King and their fifteen associates
N Texas, requires them to complete fifty miles within
eighteen montbs and finish hundred miles each year
thereafter until the road is completed.
At Philadelphia 7heLedger says: Money rs still in de-
rand and the fall Dry Goods trade, which persous
looked the Of relief yet very inactive.
Southern and western merchants very limited in their
purchases and as much more in their payments.
The trade is better, and TO very considerable
tent Tor cash. Inc JoOoers arc pursuing the OLD pracuce
of le4o ~, in throwing their liabilities ahead. To bor-
row money next TO impossible and only very ruiuous
rates hence is had to buying long credit aud
selling for cash at less than cost it being found cheaper
mode Of raising the wind than settlement by borrowing
1t is policy that does very well while it lasts but unfor
tsrsiely it has end. Pay day will come at last.
Tie Baltimore Ssn says:
ne see II stale" !" atro, that the creditors Of the
Ysrker Vein Coal Company have determined to recognize
The yeyance OF s property and that cordial under
standing exists between the directors and the trustees
The tTuet viii thus be administered TO the advantage of all
concerned. The value of the Caledonia mine aud the
steamships to be realised and applied to the payment of
TIE local debt and to the toll OF the Baltimore and
Ohio Company The directors then propose the
coal business When these arrangements shall have been
eoLsummated the trustees will release their trust 10 the
company and the Parker Vein will be worked according
70 it, original purpose.
In regard TO the overssue of stock the same paper
says:
Mr.. Jewet vice president and managing director
e latter Office imply ing sort of finance committee He
alleges that he made the Overssue for the of the
pany-tha he had done before and retired the stock
His account against the company consists in h charges
for nancy applied 10 their but raised by retailing their
stock. He proposes 10 exchange releases with the
company, which declined by the directory. We do
not learn that he presented any account of vouchers.
The oveTssue appears have been made by the agent
Of the company due FORM and il found to bo utterly
possible discriminate between the genuine and spurious
Cxrtifcstes We glad TO partial settlement
Of this matter Ii is very Important 10 the surrounding
country, and 10 this city, that the valuable mineral inter-
thus suspended should be again put active operation
This result may therefore be soon anticipated.