New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-09-19

-,
rs OBSERVATION-DISCLOSURES. ........&.i,-@ Is
Ire nc, iyts al tie New. Albany snd salem Railroad
CmPsry we've ~
~ Aasvss, lSS& ACKNOWLEDGEMENTS. NV ~
Ca.n............... $3.50 90
TIE rcctpt q Canal ;os AZ The Collectors o.hce N
ksv-Y X d.riss the second week in September was
sS.;lo O..
The r,eeip;s .. tie West Troy oiice during the
.rs svek vss..... o. -
ne ,Ar ~sek at %" 10
NEUTRALITY-SUSPICIOUS.. 1924 20
Reserve as Is C-.rer oiloe IN 'Auy during RE 40,
tAre ~sss u ScTtent Has '
The out1.ors OF tie Illinois Central Rairosd give
sotios hat TIE ooupoIs falling orc on the st Of Oco.
be- Wi be paid &, The Office No. 20 WaLs:. The
nsrss, due upon he Eastern FxteIs On bonds of The
Dslsvsre Lsckawsnna and Western Railroad Com
pary vii he paid On the let Of October.
The fiscal wear a. the Gaiena and Chicago Railroad
Company commences or the first day of May. lis
divioends are payable in August and February. AT
he commencement of the present hsca year the Com
ruy had Surplus oa hsnd mating $500
r,.s es,Iir Nsy. -
O. for Juue %S-O
Grrss esrnr.s fer JAY. &5.......''''''''''' 5S'S|3
fo Sepros5 S55 estimated 90 %
Gre earnings Tor oct b., 1850 esims'sd..'.'.'" "o
ro.u....................... 1905
Nay, june. ana July, tofaci.D ..............s%o5i
August, September, and 1e;cbef, ostmsteI. &"oo
ACKNOWLEDGEMENTS.
sa1 nOl;hs in;eres. "a oools......... o53)'- jpn
Applicable TO dividends for first half Of preseu; fiscal
oiU S the cpay icct;cd end c:d div
demo il August OF ? cent.'.'.'''''''''''''' ~''U0
Probable ,urpus Nov. l. ls55............. $sa4,7l'
The earnings Of the second half OF the yesr will
5cubtess exceed the first half by considerable sum-
Calling it, however, the same we have the following
result:
eros esrpps. fer ir months ending May 33o92
suPus On Nov Is ooe 20
Totsl........ ......... = |l'''
Operating expeD,es, say.....,.........''.+lo2 o,
slseitst on oeb''' .'''''''''''''''''''''''''' 'N
B,l,,e. .pplic sble todividsnds.........eIG7g6 90
This, on s4 500 600 stock, is equal to about 81 .
cent; added to the cent paid in August, the total
amount for the present fiscal year is ~ 2 contall
earned within the year except S3l5,754 surplus on
hand Msy |, 1858. Ia reference to this road, Tie
Haytfo,d TINES has ths iOllowiDg
"Ihe Galena aud Chicago Railroad 0ppears 10 take
fbe lead of all Western railroads 10 us receipts and I'D
fact Of every other reLOad in tire country, the OIL
eaI notify staenc- - at rs ear '-o are fo'fCcty
reg ofted its " ctips in August w,cs $-D5 80 On
total cot a. this me Of rainier les tau - o0l 0JJ-
or larger than the receipts of the Michigan Socthcrn
or Michigan Central roads on t"lco as lofee cipat
and cost four times large a. toe Of the Glove
land and To.eGO, on cost at roeni 500 pgreater
To cam zoe sene poFOfn0naie amount GA lts cost,
the Now York Central should receive least - &3J-
coo d month. The receipts Of the 9 lena Road Tor
August 81 Ow increase Oi 100 L ant fox 22l mites
of road the eabitgs Of lS6 NILE % road last year.
and tie snaCe or cPt e'1onS} "r me IA mn,
ret down IN, the dit, ctoT5 ID III, y annual rIDft,
$4,000 OF more han one. third The recGp's ior Nay
were S2l4 OOO IN June $225 900, IN July SlcS 90, ~
August sos s0O-IWo OF these being MAT thc5 cdh
the dubest railroad moni at The west, ana all about
100 q cent over last year. The receipts for SeptOm
her and October the crop are eypcc ed 10 oe al
Ienst $3.50 600 for each month. The surplus earnings
OF the after dcduciug me diyldenoe pald tIea ~
exceed 5000 OO0 or 10 g cent on it. co2l'G stock ani
the same rate Of can n for hC resi- of the year, aided
10 their suIplus, woul1 produce dividend o. - >
cent for the year II the earnings ne only - uOO9O
allowing 20 y cent for running expenses though they
are only called 49, il leaves , 100000 OF net profit
"Eor the rst three years the dlvidcnds ON tiis road
averaged IS Per cent for the iastthree wears they nave
avera ed 20 per cent for each yea and now increased
receipts over last year are stated az O0 per ccnl, WIN
only is Der cent more length of r0aC. e adNer 10
it because il seems TO be sot o! exception 10 all other
rnoad concerns at the West Ia greatly Increasing 10
carr ings per m Us its epgh has bean iGcnasoi The
present receipts par mile are equal 10 those oi several
OF our best Eastern roads which have cost three times
as much per nile The constant earning by this rot
Of great excess OF profit over any other railroad al
the est is aSCrteG 20 the fact OF lis hal iog virtual
MONOPOLY of the transportation Of q broad Snd very
rich belt Of country lylnS between Chicago and the
Mississippi. Not having like most other Western
railroads, any lake, river OF canal competition or any
rival roads conehd with, tcOmmands hIZh rates for
rs freight and travel. Among other small ite ls OF ex
peuGiture il has paid shout $500 eco ~ ,-iEgblst al
"Air Line which hal been projected by some New
York men 90 compete with IT, IL there Not the most
supIincipsce wing in the Official monthly rctu ms d.
its receipts this remarkable concern earning vastly
larger per ceniage Of proht than Ay otter raHroAd
ever projected.
"lhe msnihy statements of enormous receipts pub
tshed BY the Directors Of the GalcGa and Chicago
Road have attracted oar attention, because ihey
amount precisely 10 this-tla road which last year
earned 20 & cent OF its capi's with $50 miles Of co
eied road has for the last four months Increased its
earnings about R.teB per cent over the same months
iast year, with only IL miles Of completed road On
NE suggestion that these official statements Of esrn-
rgs sre true follows, not matter Of conjecture,
but Of absolute Demonstration that II ' cont stocks
fke the Michigan and New.lork Ceniril are worth
lOo the stock OF the Gacna Road Is selh1g more than
60 cent below lie real value
The TINES ssYs this Company las pad .or the irst
shIee years average OF per cent a0i FOR The last
three years an average OF 20 = cent fos each year.
This is very nearly correct The drst s1 years Tie
Company paid an aggregate @. dividenls Of % =
cent The statemen; Of Tie Y,ncs foois up l05 =
cent. The receipts Up 70 this time Ais yoar saow IN
increase Of about 90 = cent over toe coTrspoud.ng
period last year II q probable that or tie year
ending May, 1856, the road VII have earned bet
profit OF IS cent. Ths, added - previous earn
ings, viii show for the frt seven yean Il Tie cIs'-
ence of the road net pr0his 70 The amount %. 80
y cent.
The quantity OF -Four Wheat. Com and B4iiey ef
ut tde-wsier during the sccOnd week 10 y pJsgber ~
The year 1854 and 1875, il a. ioilovs
F0gT ts' whss' b. or ~ Ev-'y ss
s s,s::.:::; 81 a 'i,a' ~ ~
IDs...- Cysa Ipe.uI1 h., laJni i.s..s, ~