The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-06-29

The antDGi coal trade is kept up at the mines with
consdera0 Spirit the tonnage by the three old lines
reaching l3l, 2T tons-somethng less than last week,
but still heavy business, and especially so by the
Reading and Lehigh.
There shipped by the Lehgh for the week ending
Saturday last 43O TONS and for the season. 3s 200
tonsthus gradually reganng what lostby the late
opening of the navigation.
The Schuykill Navigation Company shows falling of
in tonnage compared with the last week. of Is
per cent The tonnage for the week ending Thursday
last is but "a OF TONS and for the the same
time 4o2 374 TONS against 422 s25 tons to the time
last year.
The Reading Railroad for the week ending Thurs
day. reports the very large tonnage Of TONS and
for the to the time, 00i GA tons, against
1l04 AIS tons to the same time last yearshowing loss
little hundred thousand tons to correspond
ing time last year.
The general expenses for maintenance and repairs Of
the Chesapeake and Ohio Canal during the past year
were-
improvements on canal steam pump, &C.,. s7o25 II
Repairs extraordinary, for breaches SOL So
Pay OF superintendent collectors and lock
keepers. ZZs52 AZ
Total 500, 2I7 Is
The ascending trade shows S. tons Of liquors and
wines 9sl FISH, lumber laths, shingles hoop poles
&c, 7ls tons; salt q 342 tons lime and cement 4as
tons bricks 1929 tons; plaster s774 tons sand s3l
tons, besides small items in all amounting to "a S39
tons.
The descending trade shows IA, 240 tons OF four de-
crease of 403 from the previous year. wheat
TONS an increase of 1863 last year lumber
increased by 463 tons; the increase pig iron was
1904 tons COAL 1873 029 TONS AZ 10 over last
year; corn 800 tons less than previous year. Total
tonnage, 258, Az tons.
Tolls collected in 1884 $40 306
Tolls collected in 1866 ACKNOWLEDGEMENTS. 13s675
increase. $l9 369
Mr. A. D. Pachn late receiver Of the Buffalo and New
York City Railroad has sent the following letter for
publication 1t is addressed TO the bondholders OF that
road The proceedings Of the meeting he refers to did not
appear columns but for the purpose Of correcting
the false impression in the public raind created by that
meeting, give Mr.. Patchins letter.
Ny attention has been called report o the proceed
ngs OF meeting held in New York the 18th inst the
object being confer with Mr. Palmer the receiver of
the company in relation 70 the present condition Of ts
affairs.
Tho report states that 'as far the investigation has
proceeded, II does not appear that dollar OF the third
mortgage bonds issued has been realized by used for
the company and the opinion Of Mr. Mann that they
altogether invalid az 10 the company, and il binding
| at all only on Mr.. Pa,chn.u
Had Mr. Palmer and his reputed counsellor. VIM w.
Mann OF Buffalo proceeded so far in the investigator,
look into the books OF the company have made
would have aseertaned that at the time the company
stopped payment indebted to the Patchin Bank fbr
ovcrdras and bills discounted 1855 900 and that the
debt paid OF in the third mortgage bonds referred TO-
at about 90 per cent They would also have ascertaned
thai sl7I 900 OF the third mortgage bonds sold or
disposed ofin New York by the Executive Committee of
the road 20 enable them 10 pay tho interest on the first
mortgage and bonds due LIST January 1864 and
10 carry out, in part, arrangement 10 remove judg
mcnts against the company for about $500
by pursuing sthe investigation little further they
could also have been possessed Of the fact that every
"bond Issued purporting 70 be issued by the comIa
n.y. duly authorized by majority Of the Board OF
Directors, appears ther mir utes in Mr. Pamer's
(he receiver possession. by turning 10 the ledger and
journal OF the,company aiso in the possession OF Mr.
Palmer they would have found every "bond issued or
purportng 10 be issued By the company regularly
tered and that the company received consideration for
all OF them equal nearly TO So per cent
by pursuing 'the investigation" still further, they
could also have ascertaLed from me. with the evidence
that the company Indebted to the writer for advances
made It's notes and kcetanccs, more than 500 900
| upon which was an accommodation endorser.
The report further states that Mr. Mann Is also OF the
opinion A Nj. latS-a car be he'll rssloaslls Tor the