New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-31

a, n,r. and to stockholders By paying large

creditors q, par, and to stockholders By psyOg 'Is
proportion Of their fare 10 the present ''''
G. mpsny 30 = cent in old stocs CT ~ 60, = -.
ferr,dl, thus svoidlpg cry Increase IN ;hS ''N
lee ~ the rosd. .
REPORT OF THE ExEoUTIYE COMMITTEE 10 Ih1 D'NN'
OBJ DIRECTORS. -
NEw.YoRs. Oct. g. i9j7
The Committee roe. Toledo the evening" Of ts 81 81
October la and proceeded 10 examine tie sais Of 'h'
lie following day W. devoted :, he Ge2erA oa:s st 10
Lido Tby The proce. ded - De-, oit Jsksln ADRIAN
cs,c. y,mirr nearly Al. %. rod. OF he Company The
rad Generally in good nditop, and 1I tne nos pA
Ne,o a. Cbc,, and Detroit the Station iccomn da, oos
Al. good rss wanting b. ~ lAEse oItsy u
D. quTed :hs season for mis- pnrpofe. ~. , 3,
,sre3 there in 'te empoymert o' tne ,op'y ~
the ans department; 365 nen THIS appe,Fsl .
har 'hogd Be employed Tor the S ,S his
uas followed order luce the whole force 20 no eN
e.edinr the end Of this month Measures rave oe
k.n and e in progress reduce the salaries OF one' and
v,ses OF men from 10 20 % e M. -.
20 90 per moth thereby reducing the pay roll foe Sper
sspsn.es shout $40 TOO 20 SD coo per n9nn lawns
tina. ia quite adequate for the business the Conotny Is
how doirg believed further reduction may be made con.
with the demands business put IN .I's tet
o. our force faster tbsn De to be consistent WIN
proper efficiency in our dpestons 70 90 tI we n
The time highly favorable TO effect III ne e
10 rivy Of com pet ns of railway has become me sub
ect and Just complaint and = Is with nucn
for contract with the Mchilsn Central Railroad mpany have
been and BY which We hope to abolish me 1
rpt IL eonsumaed hope shall o. able 70 materay
reduce expenses and Increase our receipts WI Dc no ions'
necessary to incur heavy outside expenses 70 reduce our
st in destructive rates Of speed we may R
vh devote ana Snr to the opsr and
eccuonlcAl conduct Of cur business. , ,
Tie devoted DAY to the Railroad Convention AZ
Cleveland where large number Of Rar,sd men were aseu
ed ard happy TO nd gers: di;oo,'oa 70 rro; n
Railroad interests and they feel encouTsged 70 hope Tor
dscded improvement in the economy Of Railroad manage
The COMMITTEES . confident that if the enbsrras,nents
this cowp,y :.1s from ses sS Ss ae De- hishy
valuable to the toeknodss The line Is one ~ ses'
strength and with INTEL gent faithful and ehcieh' nAase
msnt, must be highly productive. A., . r,
TIE Pre- pecuniay embarrassment Of the country WI
Affect business for time as IL Goes most TOSS, @
will psss and affairs assume their proper Ia
;oraed BY return to me 10 ssay s
much to hope md struggle for The .tOokhode have large
and the imperative necessity ofrepondne promptly to the cal
recently made BY the COMPANY n so eoos zoe ~ ne
thai follow faithful aud intelligent manaseme oil
their af iis. -,
The coal tuupage from the Schuykill region this
week il CO. 00i tues against 81 0o7 tuns 10 the corre-
spopdi,g week La. year. The Reading Company
Brought down q SO tuns sgsiust 81 500 10 the same
week last yesr, aud TIE Navigation Company 50 ny
tuns, against IS, j2l tuns last year. The aggregate
tunr age of bota lines dse compares with the last
year a. follows:
Reading rairosd...Isi32i l,d9,527 Decrease S6t st
schuylkIn Navigation T65l LOSS l6s Increase. HV7
Total .2s,sSs1 26pl,ia5 Decrease 1851
The PJouidsace Journal says:
"a general stsgnston continues in our market;
busiuess is tstricted within the narroves' limits and
mills and mechanical works are closing or running
shOIt time
From The Cincinnati Gazette, Oct %
We learn from authentic sources that the State
Bark of Ohio and Branches, is now stronger thsu it
was some weeks since. There is general run upon
II for CON- and the notes to be acceptable
than any other. They mainly in the hands Of the
people and are preferred, that large amounts are
not &C cumulsted by brokers
The State Bank Of Indiana also stands well among
the people of Ohio. Should these banks mahtiin
spscie payment, they will acquire character which
will lorg eLure TO their benz tit.
F,om The Sc Paul (M IT, Times
The fiji aucial community was astonnded yesterday
TO hear that Metsrs. Brrup e. Cakes bankers OF this
CITY, had made an assignment to III. Z. Saotord.
This firm Is the oldest banking establishment in the
city, ard has only been compelled to succum6 to the
pre- sure owing to great losses incurred on ad-
VsBUe, made by Thorn in the Fast To meet drafts.
Since the 10th of September, Messrs. Borup Il Oakss
have paid out $lS5,0O0. TO save dspositOrs, they
obliged TO suspend yesterday. Every dollar due
dep, sitore. amounting 10 $500 has osen repaid
deposits that we're received on the ~ were re-
tuneo TO depositors yesterday morning.