New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-02-22

Prom Pes. service, yn to March & g :s!eio
From PAS service 'i-''- - .0sas
Trei.b .er,iee Jan to Msrch u ....... 3Is1 -
,1''' '', ,,'''' Feb I, p ST. 3sf
Gross earnings for tse year 9a q
Fer Wood Is s3s cord at 81 p ,Td)........ss625 %
Tor pairs ordinary expenses. .,'..530 il
For Irtres' Bond, and temporary loans LIB slo %
Prom which deduct for Wood or 500 %
And the total srnoun, f. 80 3li 2
Tosl Expenditures Tor ordinary PsrPosss... 65s'i p
Balance applicable 10 general purposes $3.50 g.
Tie total amount Of stock sued upon thai portion OF the
road now in operation is sl9sO 00 The above statement
embraces the gos receipts of the road for the year well
a. every item Of expense properly chargeabe to the wok
ing Of the road the pa ment OF salaries and the man
of the track under ordinary circumstances and the
balance shown is fraction over $40 oo0 after paying the
interest on bonds and loans The President Of the road
says if the road had been fully baased and provided
with sufficient machinery, mach ne shops, &c, miers
which are properly cbargeabe TO the count OF coDruc
ton md equipment it vii be that dividend Of 20 2
cent could have b en- made upon the outstanding stock
leaving small surplus But provision not having been
made for these items became necessary eXpend the net
eanrgs of tho present year 10 supply this d3fcit The
amount Of extra expenditure FOR the different purposes
during the year 1853 s31,519 "a
will not be necessary incur gain for Ike objects They
have been made because the interests of the Company
seemed mperousy to require them The road bed Is now
all bslalted but one aud half miles whi,h viii be
Tleed early in the coming spring The Company have
sufficient machinery provided to do the business Of the
road until the Fort Wayne connection IL opened which viii
be perhaps year hsnce and further expenditure for
these purposes viii be required until other business eonnec
tons are formed at Union upon the completion Of the differ
i;res ri D.
ard 10 Fort Wayne 1t has always been regarded as desir
abe BY the Directors provide sufficient means from sales
Of bonds or stocks rl compete the construction and
equipment of the road and apply the net earnings 10 the
payment Of dividends but this policy rendered i'm
practicable by the difficulty OF lifting ecuri les with
out submitting greater sacrifices than was thought 10 be
polite and the Company have Therefore, been compelled
to provide for these deficiencies by appropatng the cur
rent earnings.
Sufficient machinery being already provided and the
baasing nearly completed this drain upon the income Of
the road viii no, continue, 70 any considerable extent be-
yond tie year hat has just closed and the stockholders
may rely confidently upon semiannual dividend Of the
net earning of the road for the future The graduation
masonry bridging and belasng of the track from
Dayton to the junction Of the Greenvile and Miami and
DAYTON and Western Railways IA miles, are nearly
pled and az soon the iron be procured shall be
able 10 do our business upon track without any
add fully 25 e. cent to the aggregate business OF the rOad
which il now done under serious parrsssmsn,s With
this important link completed and the two connecting lines
above referred TO finished Union business mus. be
largely increased and the dividends TO stockholders all that
hiss been anticipated
lie amount Of coal transported the Philadelphia and
Reading Railroad for the week 1885 tuns and for the
season 27 $50 tuns against 20543l uns same time last
wear being an increase OF l25 During the week
~ trss tuna ofeo
transported over the Cubeand Coal and Iron Companys
Railroad frr the Frosburg region and s65l4 over the
Baltimore ard Ohio RalTed from the Westernport region
Total for the week 1910 Il iuns thus showing snail in
crease over he previous week in consequence Of the
sumption Of work by few miners in the Westernport
eon Total for the year from the entire region 1871 10
turs Thee has permanent general ARRANGEMENT yet
been entered into between the companions and the miners
The Chicago Tribune says Of the Illinois and Wisconsin
Railroad
This il the Illinois portion of wka formerly known
e. the Rock River Valley Union Railroad II is intend
Cd to run from this city 10 Janesyie, Wis., via Wood
sooE McHeury County and thence TO Fond du Lac, at
IL head Of WunebGgO Lake. !. s the only road Of xix
foot gauge in this State The work has been delayed
from various causes but - miles completed and
Is run daily on it. 1t is LEI TO responsible con
tractors 10 are grading it rapidly as the weather will
permit Sometime during the ensuing summer II viii be
fuhed to Woodstock 80 miles hence, and will be pushed
to Jenesvie after. We have ever regarded this as
one Of the most important Of al the roads centeng
this point IL viii bring 70 our city when conpsie1. the
trade of the whole Rock River valley in Wisconsin "
Tie Gaena IN Daily Adrsrts ser Of Feb Il, says
The American Mining Company are prospeTng in their
works near jamestown They have sunk their main
shaft feet and at work in the blue limestone.
This week they expect TO raise between thirty and forty
thousand rounds of mineral which Il ell taken from be-
low TIE low water liEe when they commenced The nj.
chinery keeps tie water of with perfect ease far
they have descended We learn that the American Mining
Company VIII imme diaely extensive operations
near Hazel Green similar to those at Fairplay We wish
them success.
A, Boston Mining Stocks are in demand TIE Jsuraal
says:
Copper Falls holds firmly at So Webster was in de-
uand and few shares sold az 81 letter received from
M Douglass yesterday states ths the vein Of the Web
ser CONTINUES 10 improve the shafts sunk II is
f m 70 % feet wide, and wen charged With copper
Bohemian was In quick demsnd a. Il -. TIE last &C
counts from this mine highly satisfactory Mr. Dick
erson. the agent under date Of Dee 20 says; The
work Of the mine since my last hss been f0ar miners
sinking the SHAFT upon the south vein. The vein IL this
hAf Is large and rich in copper sodiog fine barrel AMI
some mass copper. We raissd week before los. ons
piece that VIII probably weigh loo b aud Is estimated
al 1000 70 We have before this raised two pieces one
of 500 and one Of 400 Is besides much in small pieces
from to 30 b. The prospects Of this shan are excel
lent ana as the shat < low in the ground think IL ad
vis6be 10 sink as long possible and then dri and
"eros the ground The prse nj indications in "a
"vor of good mine upon this ven
The Internal Improvement, bill which has been pending
IN he aofT forS tina