New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-02-19

ipsued old stock, and gave judgment against him fol
oao6 $50. The Company abandoned the clai n as tC
1900 shares preferred stock, as the whole of the stock
II that kind which i. was allowed TO issue by Law
vss full and it is uncertain whether the Company II
liable for it.
The earnings of the Indianapolis and Cincinnati
Railroad Co. for the six months ending 3lst Dec
"a az eo u
Net I
1s1erest paid 90 o'' ="
Dividend fund ...$6,H IL
- little more than 7-lOths y cent on capital
stock The road was opened the LIST of December
1852 The total receipts for the thirteen months have
Been e325 5l4 ~ total expenses including interest
on bonds t226 25s IS; balance applicable to divi-
bends, e99, 25s 81 or 1.loth y cent; gross earn
has mile e3,6l6 50; total cost of road and equip
uent, e9l7s,4e9 81; cost y mile, s242O5 81; total
amount Of stock subscribed, sl,2l3,723 80; bonds
duo in 1866, e5OO 600; in 1862 s35O,OoO; in 1867,
ss,oOo-ai bearing y cent. interest; income bonds
dee in 1857 el7o real estate bonds due in 1853,
o2o0, O00-a bearing 10 v cent interest; amount Of
Seating debt, sis4 4ss Co. bills receivable, sl29,-
$40 3d. real estate not needed for the road and soon
% be sold s2se AGO. The net earnings for the year
hsve been expended in the payment of the floating
debt. dividend has consequently beeo declared in
~ Ct bonds Of the company having ten years to run
The Coal tunnage over the Reading Railroad last
week was very lght-only 1886 tuns; making for
he season 2 6s7 tuns sgainst 23a sos tuns to the
same time last year. The indications are daily
Strengthening that coal prices will open the coming
spring considerably lower than they are now.
The amount of Coal forwarded from the various
oOniaries Of the Cumberland coal region for the week
ending Saturday, 10th inst was 4632.O3 tuns. The
Georges Creek Coal and Iron Company's Railroad
carried 9, .l2 tuns the Cumberland Coal and Iron
Company Railroad 1915 IL tHns; and the Cumber-
land and Pennsylvania Railroad $50 tuns. Foe total
shipments for the year. commencing Jan. |, amount
= 76l IL tuDs sganst l3654.e tuns for the cor
responding period Of last year.
We learn through one Of the Harrisburg CORES
DcndeIts that bill is in course of preparation likely
% make rome noise in the City Of Pittsburgh aud in
ALI gheny County. 1t provides for the appointment
q Commissioners inquire into the in which
ne Bonds of the City Of Pittsburgh and of Ale yheny
County have been used by the Railroad Companies
he Commissioners TO have power 20 send Tor per-
" sons and papers
The Beloher Sugar Refinery has been chartered by
the Missouri Legislature. The stockholders in this
concern are the creditors of Messrs Becher Bros. OF
d. Louis. The charter is very liberal one.
At Boston money is in fair supply outside of the
banks at from to TO- and in the banks at from to g.,
Including the charge for exchange Collateral
leans range from to l2 except pledge of the best
dividend paying securities, and they command the
money on call at y cent.
At Philadelphia the rates fo- money are the same
lat quoted-s alol cent for frsl-class paper, and
II y cent. for second-csss grades. At these rates
he supply of capital is equal TO the demand.
At Cincinnati the Money market is improving, AMI
Arstclsss paper goes freely. The excitement in re-
lation to tho Ohio and Mississippi Railroad has sub
aided and confidence felt in the ability of the Com
psny TO complete the road. The stock is rner, and
the bonds have been taken of the market. Two
capitalists have, understand, undertaken 10 CON
plete This road and relieve Mr. Bacon from his en-
sagement.
The short credit reform s extending Steps have
already been taken in Boston, New York, Pnilsdel-
phia, Baltimore and New. Orleans to restrict the
yunous long credits which have heretofore prev allied
Mr.. A. NJ Sherman, who visited the Cumberland
Companys mines at the request of the Company, has
made report upon the new Iron discoveries recently
made there. We give few extracts from his re-
port:
The roof in one Of the chambers had fallen forming
s'dome like ceiling from l2 10 Is feet high exposing,
on ts sides vertical section TO that sht aud all jrd
ing good opportunity of examining the inateri 81 in
sue from which it appeared to lie in irregular and
imperftctly defined strata, much divided oy seams
and extremely liable 20 fall Fhere il vas not well
seculed BY props in res ular, triangular and obons
masses Of from three 10 twelve inches thick; It's
oh ayesge imperfect and fracture generally of srk
gray approaching to black stoney appearance with
hin stftsks of lighter shade, come, however, pre-
eeptirg q fracture Of lghtgray with minute specks
Of metallic brightness. The density aud weight Of
the whole being such - induce the belief that the
entire mas or 'overlie composed OF mat pecu-
Mar iropbesrDg stone known as black band; but
want of familiarity With this TO US, peF KIND OF ore
and the extreme difficulty of determining its chsrac
Ter from its external appearance induced US TO mess
are the g. ct 20 feet and number the several straits
tthe markings being sufficiently distinct 10 all ord an
approximate Measurement of thickness, As CON
neneing the base coal vein. as follows, VIZ
Nc. !, one foot Thick. No. 5 Eve inches thi;k.
Ne. 2, two feet Tiki No g. two thick
No. 3, six feet thick No Z two feet thick.
No. 4. six inehss thick. NJ. g. SIX feet thick
At the "Asior" Mine, Mr.. Sherman found the same
appearances
Scotland the description Of large portion Of the
overlis in the Cumberland mines would be srikingly
sinilar-almost identical, in all save in extent.
DIR. Chiffon has made several examinations of