New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-04-14

Ih.slrg organization, yet this exhibit ehO 9s II to
It,ve t,en s"red dog of the deepest dye
The statement Of the New York Mutual Insurance
roupsny shoss ihatthe canned premiums for the wear
Ling the 18th Of March we're 81, 25G 2l3 % The
Ii,.y. paid were = ,O6i 432 CT; return premiums.
siol sg7 81; reinsurance expenses &C. s2Ot, ,9s o.
u.trg total Of 81 3G7 2ee so and s.osing loss of
tNl.0l5 l2 on the business OF the year. This def.
I.scy in accordance with the terns o. the charter
xal be deducted from the out.tsodipg scrip certd.
,te. Of profits, reducing their amount from s,6I $50
20 ESQ, ;34 80 TIE holders are required TO present
be ssn fer reduction on after the Let of June
pen, wien rev. certificates will be issued therefor.
The sseis Of the Company the 5th OF Mar n were
sss2ea- 90, of which s72s oUi II were in pre- niu
notes and bis receivable $50 $50 81 In elaine, and
Itbe ena'Dder in cash. bonds and mortgages ans
and Stoke
| Pro- ossls will be received until 9th May next.
Ib, A. Muller, NJ. IS Was,., for 81 900 900 Viz
.ra and Tennessee Railroad 5, cond Morte age Con-
ys,tibe Bonds bearing si1 T. cent. interest due in
,ssi interest end principal payable in New. York.
Tbi. road extends from Lynchbureh, Va to the Ten
,,sse State line, ard is 2O4 mi es long forming
LINK In The great chain OF ads bet the North
and Ess. and the South and West OF this Road 1875
niles, from Lynchburgh TO Wytheville, are com
nlttd snd in operation and the remainder, 60 miles,
we're 90 far completed that 1925 600 i, lie est mated
VII finish the Road from ose terminus TO the other
Torsise this amount, AID fudhersum for additional
rolNrg stock, active fumes, &c the Bonds nov
oHero for ssle are issued The capital of the Com
psny So 900 COO Of which 600 has been paid
TO- nd the First Mortgage Bonds amount to 81 $780,
WO TIE completed road VIII cost -, 5OO,O 900, Of
which g 800 900 will be represented by deDt TIE
State Of Virginia took thretffhs Of the stock and
ore mi Ion Of the First Mortgage Bonds al y cent.
sinking fund Of one y cent y annum has been
,.,sbissed for the redemption Of the debt.
further sum- however, would be necessary
ir station houses rolling stock &C.; and the avsa-
be fumes OF the Company being nearly exhausted it
ys unanimously resolved by the stockholders to
Grant second mortgage on the road for 81 100000,
spd the President sud Board of Directors we're in
,tueted to issue Bouds under it, payable in thirty
uars 81 the rate Of " cent T. snnUm, principal
ud int Is. payable in New.YOrk The mortgage to
Cbules W Purcell, Of the Ciy of Richmond, CHARLES
L Mosby aud Charles X. Slaughter, of the City Of
LypchbDrg, as Truetees dated the 18th January,
lsS5, lie the one so au'hoized by the stockholders,
I'D the 81 900 OF Bon's, dated LIST JoIy, 1854,
and pay able 3Oth Jone 1884 no offsredfor SAFE are
Prtdent ind Directors were au'h horned to maize by
tte siOIst oders at their annual meeting in 1854.
The salt o, these Bonds will it ia cell nated, put the
Company in ample funds to entirely finish aud eqlip
e road with oil the necessary fixtures aud rolling
stock suilcitn; to DO a large business Ten months
labor d be sufficient to mplete the road and it is
confidently expected that by the spripg of s56 it
will be Re SOY for operation its entire length, from
ID ba
EIGHTY We miles OF tue road have been 10 operation
for two ,ens-thati s from Lyuchbucg TO Chris,iau-
burg I; summit Of the All-ghanys, aud for the year
eucipc On The 3O,h September, 1854,
The " c. pts from 81 sources ~tre.... Sl6S 92q "a
From which deduet eApenses''...''''. lVo,I9< ~
And a net gain ,................ t6Sl37 IS
reusin,d sbch lie about y cent on the cost Of the
road al d s, IS an ncresss the preceding year
OF about 80 y cent 1t is coined for this Company
BY the Dire that the construction of road has
been berer managed, or done with greater economy.
All the contracts were maze az an early period, be-
fore the great Ise in wages and materials took place.
and Ne prc6s pad have been greatly below tue cah
prices a, n present tiue. Aud, fu tier, no B,ud
has We. b, issutd by them bel w par che present
ssue btig he fret II At they have ofr-re puoicly
and all ibey be called Oh 70 dispose of at dts
cnupt lie stOckhUlo ers ave also adop ed az a line
Of polic, 10 declare no dividend excepting it can be
paid rou c ar cash surplu., after the interest and
sinking fuld have been provided for. Tue PRESENT
Board &C Director are; John Robin uoD .nel, Esq g,
PresdeIt; Henry Davis, Esq., George Stuart. ESD,
Wilsm A Resd, E-q, Thomas l.. Preson, Esq ,
William r. Anderson, Esq aud the road has been
cop,tuc,cd under the direction of G. f. NJ. Garnet,
Esq az Chief Engineer.
4 arm III
The State Controller of Texas gives notice that he
has received information OF seversl couutee certf
Gates Of I, first cla.s debt of the late Republic OF
Texas being in circulation in New-York.
his1os stated by Committee of the Common
Council Of Cincinnati. tba, n Wes'o'n Division OF
the Obio sld Mississippi Railroad Company from ST.
Louis 70 NiDcennes-l43 uiiltr-wil be completed
and in iuruing Greer by the middle Of this month
This q ,rt;on inds connections IRON Vinceunes to
Ttre Dauie, thence u Indianapolis ard to Cin}in
tsi BY the Bel efontare or lndiAna Central Railroad
ARocbes,er miller, on reliable data says that only
$500 600 bushels of wheat 800 900 barrels Of 'ur
can come forward this spring from the West This
dOes not include any estimate of the amount from
C,rs5s. The stocks at the East are small.
Proposa ais for the Mortgage Bonds OF the Boston,
Concord and Montreal Railroad Company were
opened Yesterday at Boston. The whole amount OF
bis was fer sil5Oo0, more thsn double the SUN re-
CURED. OF these the seven per cents were awarded
from 50 To S. and the per cents at from IS to So
At Cincinnati the Money market continues easy on
fnclass Securities. Seconded rss Paper is very dit
icult Of negotiation. Ohio and Mississippi Railroad
Stock lad considerably improved since the purchase
Of The vha,f belonging to that Company by the City
AtBos,ou the Monty ms'ket Is easy at the 'anf
rstes orotcl for a week or ten days past. The sup
ply Of o.oi,al s ample for all regular business pur