New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-01-09
rsUh % not impor.sr. Consos are the same I"
e.sore r.por,ed and Cotton and Corn shows 10 charge

Il
Tor the fiscal wear ending the 3o,A Of September 1854
axn,ed to 81 ZOE 3i7 80 which, with the balance OF
ss45a57 50 in the Treasury ct the close Of the fiscal
year 1888 rnade the amount 81 $50 EOS 10. The pub
lie expenditures for the sane period were 81 2i
leaving balance in the Treasury the 3Oh Septem-
Der. 1854 of s37s, I93 81. In the fiscal year 1855
there were from all sources 81 200 762 Sc, which,
added to he above balance amounts to e. 57sss6 o.
TIE ,isbs for the same period were, III tue
Aggregate, ses5 964 81 leaving balance oi
scs2. 922 %.
The amount Of stock standing to the credit OF The
skpr fund e. the close of the year 1858 was % 1885,
74e ~ and The aggregate of the public debt at the
same ner,od was sl5.l32 900. The interest on
81 200 600 OF this amount is paid by the Baltimore and
ONO Railroad. the Susquehanna and Tide Water
Canal. and the Northern Central Railway Companies
During the pat two years there has been sbsorp-
ton Of s767, 4e So Of the public debt by cancellation
out Of surplus in the Treasury, and by purchase Tor
the sinking fund.
The Annual Meeting Of the Breckenridge Coal Con-
papy WAS held this afternoon at the Office Of the Com
paw. No. Wall street. The following gentlemen
were elected Directors for the ensuing year Joseph
NJ Brown, Robert S, Gould, John Thompson, d. K.
Martin. X ID. Lathrop Chas. T. Person, Freeman
BlOOdgOOd.
Alta subsequent meeting of the Directors, the Off
oers Of the previous year were unanimously reelected
a. follows: PRECEDENT Joseph VI. Brown; Vce-Presi-
dent Robert S. Gould; Treasurer, John Thonpson
Secretary, L. W. Badger.
At the stockholders meeting the report Of the Presi-
dent was submitted and adopted 1t states the az
fairs Of the Company in candid and detailed manner,
and expresses the fullest confidence in the success Of
Io.,a Otlxya cd
great value Of the coal of this Company for the manu-
acture of oils, lubricratng and iluminatng benzole
and parafine It s confidently anticipated that in a
few years the coal will TO- be sold for fuel, but
the entire product of the mines will be used in the
Manufacture of the above products. The room in
which the present meeting held was lighted with
oil made from this COAL and its Illuminating properties
gave great satisfaction to the stockholders. The
Company owe no bonded debt. Their floating debt is
about 81 600, and they have over $4,000 cash on
hand. The profits Of the Company during the year
have been sufficient 10 warrant the declaration of
dividend but the Directors have thought it advisable
TO expend the money on the improvement OF the
works After the reading of the Report the following
resolution adopted;
Resoeed That the resolution Of the Board Of Directors Of
$500 shares OF stock not disposed Of preferred per cent stock
that the Directors have sanction dispose Of any Of
the If in their opinion the interest of the Company Will
be promoted thereby
resolution also adopted expressing the thanks
of the Company to Mr. +. F. Thompson for his valua-
bic services rendered without compensation, by which
the interests of the Company, both in this City and in
Kentucky, have been largely benefited. We an
mex the report of the President which will be found
TO be very satisfactory.
To the Stakeholder. Of Breckenridge Canned Coal Company
GESTLEnEs In compliance with the requisiton of your
granted BY General Assembly Kentucky and
proved Feb 1884, requiring the President and Directors to
Report Of the whole condition of the Company
the undersigned beg leave to
The lAnds embraced the titles Of the Breckenridge Camel
Coal Company comprise about acres about 900 of which
az estimated by the Commissioners appointed by the Governor
Of Kentucky acting under oath underad with Camel
Coal cations recently made, confident
that the number Of Of coal lands owned by the Company
have o been estimated
The prorerty known as The Tar and White sulphur
Springs containing about 500 and belonging to the Com
PAW situated on the line Railroad about four mes from
the Ohio River hes been leased the last year for nominal
renthe buildings being much Of repair to render
nearly unavailable TO the Company for the present
In addition the Company B Of land upon the banks
Of the Ohio of their railroad Immediately
adjacent the Town of ClOveo which after reserns suf
cen land accommodate the Company has been laid out in
q plot known ThompsOnyile containing III
front by $50 feet deep Two of these lots have been
sold and others are wanted Of the erection of
oil in the immediate vicinity deem not to
Of the Company offer them for sale at
The landing ThompsOnye is esteemed OF the most
the Ohio River and the Company the right Of
mooIage nearly half mile below the boundary OF their
property.
The distance from the Ohio River the coal openings eight
and half miles BY Of the Railroad operation and
built by the Company.
In the Of this road the Company had many diff
cues not anticipated in the commencement of the
The difficulty Of procuring material and abOrers well
peculiar character Of the soil which the road must
pass had tendency delay completion and increase the
expense On the 18th January last they had so far completed
enable them their locomotive the
length the st of February they the FIRST train
loaded with coal the Ohio Rver since which time
have been actively engaged building sdescis al each end
the road switches tank houses dhouse loco
movehouses dwellings for employees of the Company Sides
shouses inclined planes and other structures necessary for
it, completion aud equipment
The Ohio River Thompsouye rises about sixty feet from
mark. To this the Company have con
st1ucted sntial inclined plane double running
three hundred from owwser MARI the top Of he bank
which operated by gravity power 1.-THE loaded down draw
ing the empty up At the head Of the plane have
drum house with drum to operate the plane.
This capable Of passing hundred and fifty loaded cars
per day from the top the bank the bos been found
work well, and is highly satisfactory.
In end OF the drum house have office fer the
mediation of the booeeper clerks and on side
storaeeroOm also used by the night watobmen ADD The
operating the plane
In addition the main railroad track leading the coal
banks have three tracks extending from the drum house
hundred parallel with the main track also substaD
and permanent elevated
sl hundred fee long for the purpose of stocking coal
In the track convenient the boOkkeepers oce there
Large platform scale heh ell the loaded pas and
weighed before dumping into the boats
tAatfr III