New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-04-23

Shipments Of Coal from the L@high for the present
week have necessarily been kept down by the inter-
ruptons to the navigation of the Delaware Division.
The Anthracite Coal trade is no 10 active operation.
For the week ending with Saturday, last, shipments
Of Coal on the Lebigh were l496l tuns; for the
season, ls, 494 tuns. The tunnage on the Residing
Railroad for the week ending on Thursday last was
the heaviest yet this year-reaching 5l275 tuns; the
tupnage for the fiscal year up this time is SOC, 1903
tuns against 5l2 279 tuns to the same time last year.
The shipments en- the Schuylkill Navigation for the
week ending on Thursday 81, sc tuns, and for
the seaon 1871 $50 tuns, against 1881 tuns to the
fame time last year.
Charles 8. Lester Esq the referee appointed by
the Court Wednesday last disposed OF the Saato-
ga and Washington Railroad at auction. Ii WAS
foreclosure of the second mortgage and was pur-
chased by commit ee of the bondhOlders, in whose
behalf the mortgage vas given, for the amount due
principal interest ard costs, ssy $276, 1875 80 Hon.
j Philips Pt enix of New. York, Hon John Willard,
of this place and E. Thompson G Ale, OF Troy, were
the Committee of bondholders who msde the pur-
chase.
After the sale, meeting Of the bondholder, then in
the place was held, at which the Hon John Wilarf
snd j. Davidson OF this place and James Forsyth,
Esq. of troy, were appoint committee to consult
al prepare plan Of organization, either und.r the
old charter or under the general railroad lsv, and
report at a meeting TO be held at the Mansion House,
Troy the 27th Of April, and at which all the osnd-
We are not able at this time to announce what ar
rsrgemeDfs will be made for operating the road, but
it is thought that will be operated AMI controlled by
itfef somewhat IS heretofore but more enconom,'
cally There will be large sum required immedi-
ately to put the road in repair, and furnish rolling
stock, but it will probably be forthcoming when
needed. The read, when completely repaired and
furnished for operating will stand the present ~ners
in something over 5000 O00 or ~ith the branch from
the State line to Castet0n, over $500 600.
The original cot of the road was 81 s39 s00 ofwhch
$500 500 was stock and $4,000 were bonds, not Sc
cured by mortgage, making q total of 81 239, 500
totally sunk by the foreclosure Of this mortgage
large amount tf the $40 coo bonds are held by Com
noeore Vanderbilt of New-York. and some thought
he might step forward and shoulder the mortgages.
but be GOES not appear to have thought worth ais
while 10 advance 5000 900 TO 600 900 or over
A large capitalist from the City of New York who
wa present the SALE offered TO assume the amount
which the road cost its present owners alone, aud
operate the road bis individual account, but the
offer not accepted.
Until the next meeting of the bondholders the road
will be run as heretofore the sale having TO be con-
frued by the Court before possession changes
To TIE Editov u HE ~ Y TreSae.
SIR There recently appeared in The ~ y Times,
An article taken from The San Froneisco Herald,
headed Exciting law case, to the effect that suit
had been instituted in the Of the receivers OF
Aosms & Co.. in that city, against l. W. Park ana
Frederick Billings complaining that they hsd ex
tored opey from he Company BY gay Of etainas fes
th,s,I,s 10 disclose facts which had rreviousy come to
their pevlsdee ~ attorneys ,.,
in o. &c 70 ne ,bs hale. referred To- Sscsive sad
uesd The public entirely satisfied Win the eonauc' VI
an rsue,snt TO come before the public with my own
wrors but when the authors Of these wrongs saemp.
diver, pubic opinion 'O.HS ianoese. parties
s1 n,o 20, 40, 70 ~ Ass ny ALVIN ADA