New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-05-12

mns 800 or 600 tuns y day to DO aiterward In
creased to 900 tuns y day The coal for steam and
family purposes Is of the best description and will no
doubt become a fayorite fuel 1t will be known
Us the "Treyerton Coal
The Coupon Stock Certificates Of the Erie Railroad
Company have been prepared and are in the following
shape:
Nsw-YoRK AND ERE RAILROAD Co.-This is 20
certify that -- il hereby entitled to - shares OF
the capital stock OF the New-iork and Erie Railroad
Company.
The owner hereof, upon returning the same 10 the
Company with the annexed unpaid dividend warrant,
NAV have il registered in hIs name, and receive IN lieu
thereof a transferable certificate. DIVIDENDS upon
this stock will be- paid al the office OF the Company
upon presentation OF the annexed dividend warrants
bearing tie number OF such dividend.
-, Secretary. -, President
The Certificates have attached TO them eleven cou-
pons for dividends, numbered from 10 Is, and ono
warrant showing the right of tho owner to another
serie. of dividend warrants when the eleven are ex
hausted. Tie dividend warrants are as follows;
"Tho Treasurer of the New-York and Erie Railroad
Co. will pay to the bearer TIE amount OF The sixth div
dend on - shares, Certificate No -, when the same
shall bo declared by the Company,
These Certificates are intended for foreign consump-
ton, but will no doubt he popular upon this side the
water
In reply 70 some reflections upon the Chicago and
Rock Island Railroad for making perpetual lease Of
the Peoria and Bureau Valley Road the Company
state that in order 10 control the business OF the I'LL
nois River it necessary to have the control of the
Valley Road They say:
-Four Of the stockholders Of the Rock Island Road,
lsiill owning than half million OF lis stoek,l
were willing to undertake to build II Tor ; ,iooVVV'
mot 81 SEQ 600 as stately and take Their pay IN te
Bonds and Stock, at par, being triile over $4,000
per mile, and AS it was believed the right Oh way,
depotgrounds, &c, would not cost over 100000,
was offered to the Rock Island Company on perpetual
lease at per cent on a capital limited AZ 81 ,oOOo0O'
During the progress OF building the road IN ls55 the
whole matter was freely and frequently discussed by
the stock odcrs of the Rock Island Road and lease
made Of by the Directors subject to the approval oil
the stockholders at the annual meeting IN December,
AT which time 1853 IL confirmed by unanimous
vote As To the coat of the road IS hHsted and the
Peoria Company are ready TO show accounts with any
similar road in Illinois, phen similarly ctosed no.
wtlstanding many Of them were contracted Tor When
Iron could be had under $40 tun, while the conrac-
tors paid for the Peoria Road $40 and over, and sold
their Bonds and Stock at very low rate TO RAISE the
cash. AZ to tie policy OF adding this ROAD To ours
under perpetual lease, We have got 10 learn thai
single siockhoder cOnycrsant with the facts has ever
doubted it,"
A remittance of $4,000 in gold was received from
st. Louis to-day. 1t is understood that Philadelphia
owes New-York still about million and quarter
which must probably be paid in coin
Tie Treasurer Of New-Jersey will soon redeem the
notes of the Merchants Bank Bridgeton, n. j., prob
ably at par and the Wheat Growers Bank a. some
o. cents on the dollar.
Parties in interest are now striving to resucitate the
Stark Bank Bennington, Vt.
The stockholders of the Breckenridge Canal Com
pany viii find interesting information in the an
nexed letter from tho mines
CLoyERPoRr, Ky, Saturday, April q, 1855.
have spent several days investigating the affairs OF
the Breckenridge Coal Company, and am happy to
assure you that every branch of this magnificent en-
,ese only equals but exceeds the most sangune
oxI ectations OF those interested IN tho Company.
The railroad running from tie Ohio River to the
mlnee eight miles IN length, 10 IN excellent condition,
and the Company transporting coal in large guam
titles the river where IS sold shipped to New
Orleans and other markets on the Mississippi.
AT the mines, the coal it comes from the entrees
in small is dumped through shuics into the raul
road ears and taken the river by locomotive sf the
most approved make for Fighting purposes. At the
river tie Company have all inclined plane with two
tracks; upon the plane Is movable platform which
can easily be drawn up or let down so as TO ADJUST II
to any stage Of water. The outer portion OF this plat
form projects over the boats. At the head of the in
clined plane is q drum-hOuse. Loaded cars are Let
down on track and the empty cars brought up at
the same time the other. The loaded ears run out
over the boat, hen the coal falls by the unfasteniug
of trap door. Thus you the only handling Of the
coal il by the miner in loading his in the mine.
The Company loading 1000 .uns for the sugar
plantations above New Orleans, which will be sent off
IN a few days. The agent of the Company in New
Orleans il prepared 10 receive and forward 10 New
York any amount that may 20 down the river.
The Company DO not rely upon fiat boats for trans
porting their coal, but have contracted for sixteen
bGrges Of 800 funa capacity each Egs Of these can
lie taken in tow bv steaIn-tug at q trip. The great
advantage of the Breckenridge mines over any other
coal property on the Ohio, on the Mississippi,
II iwofold. LIST. Its superiority in quality being
admitted by all 20 be twice the value Of Pittsburgh
coal per for steam, sugar boiling fuel or gas ID
LIS locality il being roo miles below Pittsburgh and
one hundred miles below the fall. at Louisville.
From here 70 New-Oreans the River navigation Is
seldom imT eded by low water or ice. Nine months OF
navigation may safely be counted on, whereas three
TO four months Is the average for Pittsburgh.
The President, Mr.. Person, than whom better
nan could lot have charge Of any work, has made a
contract with an experienced man to mine the coal az
a dollar and ten cents per tun; add forty cents per
tun for transportation the Eight Nile Railroad and
for contingencies Thus you an article almost un-
limited in quantity and which readily cells at = per
fun costs the Company one and half dollars on the
Ohio River.
Bennettsyille, where the Companys saw-mill cor
factory and workshops located, has already grown
into fourshng village Of several hundred inhabI
tants composed most! OF the employees oi uS Coin-
tany and their families
This SPOT which two years ago dense wilder
nes- row has two sorer, POst-Ofce and the argest
ScbooI-house and Masonic Hall in the county. The
Company are also building number OF houses for The
miner &C. Ii II worthy Of remark that in this village
there are ssven subscribers To New-York paper.
The President and two Of the Dreciors are con-
-tsnfly here pushing the work with energy Judgment
and economy, and everything as Tar az ! am able "
iudae indicates the most satisfactory results
Very respectfully your-
A comparison Of the footings OF the weekly bank
statement Of the Boston Banks with those Of the state
uent for the previous week exhibits the following
results: