New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-05-05

Leaving for interest, Ac...............SIf,SfO 81
fetal receipts for ending Apr asS... as2es 50
Total Expenditures Of all kinds except interest," Sf5o 81
Le.Nins...................... 57 .fg8 a
This sum vas more than Sufficient meet not only
the current interest paid during the months, but also
the Coupons outstanding.
The report states that when the present management
took hold ofthe road they found it had lo.;ng debt
of nearly 81 100000, with numerous pending suits
growing ont of the Schuyler and Kyle frauds and over
issue Of stock, beside many other unsettled claims in
volving large amounts; al of which would in their
opinion, have made Report at that time very un,at-
isacory to the Stockholders and the publication of it
perhaps injurious to the company. Since then, how
ever the over issue Of stock has been adjusted and
settled many Of the claims arranged, and the company
relieved in great measure from the embarrassed con-
dtion in which it was found when they assumed It's
management in May last
Between the period of hr. Deans report, Sept 80,
1854, and May 81 1855, the new managers found the
indebtedness of the Road had been increased siio-
PAL e. and tie from which to fund the floating
debt had decreased cess, 900. The floating debt Oh
the 3lst March 1855, was 81 ,osl 1913 81 and on the
3lst March, 1856, was s677 loo o5-.howng decrease
of s4l4227 l6, which was paid by selling Second
Mortgage Bonds.
March 81, 'S''"i ~
s4sI,lC .
amount gives actusl iucreAAed indebtedness
peSueans from The balance Of the floating debt on
The ses .monnt Of the Res Estate mortgage.
which have several years 10 run 49, ~ltl|'
AND the enouIt yet 70 be Ieaiz d by the
delivery Of the remaining d Mortgage
Bonds on hand. sz2,0o-*Bi,oie %
And there remains the n0f.............s o9t O5
which is represented by the value Of the wood and
materials paid for and hand, amounting on March
81, to sl3s PSF or and by Real Estate held by the
Company in City and along the line of the Road
which Is upincumbeied and that msy be disposed Of
nearly equal in value 10 the whole amount
The Directors express the opinion that most Of
the dividends heretofore declared have not been
earned. The Albany Extension" is considered
burden upon the road and the contract TO build il il
called a partial one-sided' contract The report
complains of vexstious exactons by the Corporation
recurring numerous and expensive changes Of grade
denots &C. Numerous and vexatious law. suits have
been settled during the year. The question Of com.
pepsation for use OF track &c. from the New Haven
road is now in the hands Of a.bitrstors. The Direc
tors conc!uds by saying that they feel that II is their
duty TO manage the Company as they would manage
their OVID private business. That i The Interest %
the road end not the interests Of particular ndiyd
uals. they must consult Al the same time, they
desire and aim TO extend every facility and acoomno
daons 70 s travelling over the road, consistent with
the means eni ability of the Company. The Director,
believe q further reduction in the expenses can be
made and no unusual event takes place to put Il
out Of their power resumption OF The dividends on
the preferred stock may be conmsnced on the lst OF
January next.
The Anthracite Coal trade, by the last report j. no.
quite 50 'arge as was expected. The Lehgh Nayi,a.
ton shipped for the week up 10 Saturday last ls Oss
turs, and for the season siO'6 tuDs. Tue Readjnc
Railroad brought down a. i69 tuns for the week end
ing on Tbunday, and for the season Gil, sS7 turs.
against 7i;3is tuns to corresponding date last year
The Schuylkll Navigation Company FOR the week
ending on thursday brought down 81 go tun- and for
the season OCT TINS against 100 500 tuns to the
same date lat year. The weeA tunnage BY the three
lines was oily 30, so turs. The Schuylkiu region
alone should have sent forward q. much.