New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-10-06

is,ncd to enable u 10 take up bonds mau' ~,
early part If the year iustslhnent- "n ne" thrI
ir.il. realized IN time meet ohigaoos t. NY
nnitred fu,
A, ;iHr, previous 70 'h' year 49, - $50 -
Dsrns ,sr year ~ a. %
DurrE N. war ls7... '' 2s45sc ~
Dsrns ii. year lss.... -
i.
Should the business of the canning year pro 90 NJ
.ra.y good /; j. reasonable to expect ,hot our nc.
'ia.t,! LII lac .,airi.ut 10 eusb" us Ia pay sucn
,or,, of these bonds NJ the rcnlized poron OF our
as.et. will not by that II have PROVIDED l anu "e'
youd this leave margin Tor nooeia"
The Superiuiendent's report .ay-
The ARRANGEMENT made between this company ana
,b. MICHIGAN Southern ard Northern Indiana haroau
C,upsuv resulting, among ether things, IN ''e VIM"
drswal Of the steamboat lines oil bUth iroih L'A'
Erie made il necessary. TO form, WITH "Ihrr pai',
mn, other kind Of water communicative between
buffalo and Detroit and satisfactory ARRANGEMENT
has been entered into for this season, with tue west
err Transportation Company for applying the ronte
with daily line Of hrst-ca-s propeirr'' u' Heepns
M this through connection, via Lske Enc, on the.
urh shore for frcghts and the lower classes of pas-
.epper- this Company assuming M rlSk OF loss IN the
Lake Although some fist-class passenger business
may, and probably will be lost 10 the company py
IN. withdrawal Of its steamboat ne the general fall
,g " in the passenger business Of TIE country Justi-
fies tie belief that il wire Ia do no TINS season.
The Cleveland line Of steamers Owned Dy other
parties. Is run TINS year a. ~ .a;n in rcIn.;ys
connection sith this Company in through business.
In the arrangement of timetables at the C"nven.
ton' tho teo,"s voc i -, 49,. -, Ena. an
speed; ana was aiis -" .n - y 81, rd,c..d
in number but also speed the average tor pascal
ger trains being fixed Of about ~ 20 miles An hour
The result Of running at this moderate speed was
- ~ g. nd br,.Gnv,. incident To
" inter service almost entirely avoided
III AVERAGE fine az pss..uger train. last Summer
between Detroit and Chicago, eleven hours and
wrnty-eght minutes this Summer, twelve hours anu
tlIty-t~o mluui.s. .. -..; a..
iit '.'a i on ,ba t corr.nond
py accounts Of last wear by SOL 9Sl 81. The earn
ugs Of the road being $61JotJ u less TINS than "si
!eat' leaves Ct 1r .,s, ~ SS' "
IT, , ,1s scc',,s ,;s var however a. well as last
.hr ore Iar,,, suu. fr renewal. aud other estraor
,s,v expenni,ure TINT urp. rly do not belong Ia the
eo,,;nsi. unerutiny ,xnru,,s of t,e road and which
MS occnunt will he materially relieved of the coming
/ v,ar
large mart of these extraordinary expenses
incurred airing the first half wear while new rails
being mid fer and going INTO ia. truck 1t was not
rac,id.hI IN yadnce The General expenditures Of the
line until near tie close Of the brst SIX months put
after getting the iron III, and the r"ad III good oricr
a., ,hs w. ninth. lr,ye reduction in work.
ing force made, not only upon the track but In
Mi IN. different brauces of service. and the reduction
"a ''', b. f ,ra;,s ard tber sn.eJ and continued
" e -. Iii, ,b. W;,,ar and Snrin1
so"u '"h'I'io"o' up'h vi 'e II - :. III -
months, nave Kept DOWN the "oih'iE ioioe, III u" NC
pgrtuleIts of repair, Ia Il degree tnat SHOWS very
nlaiulv in the Int six months account, A general
c ,r.oas ,,.. ,.d, a, H. finn. az r.,uciu
icuuc'ion Vi ""s,' voc ~ " =. - ~ 80
tie force, anu tie men Retained III the shops on tnc
entire line were put upon snort time which plan should
h. continued mill an Increased business r,uu,res
oha,oo ~ nol;oy
chahSc vi Pohoy' :.
We have received copy OF the Annual report Oh
the Rock Island Railroad COMPANY the main features
'"' NV ' i '' =,
al when We PuolSheh scnie uhyS hso. inc nSuioS
>Lo,y decr,as,. of 3elI ul in net earnings and in
-, ~, ~, -. = IT., =,
gross chrhhgS :" f"o,o''' ino Pic'on' oao"'e va
tie income account il 81 4s3 81. The capital stock
A, c,o 600 I'll A. r, , 81 Ill.
4 fD,u'o,o'", ol "hl'H TIC NohPohy ""h' anu H"''o
am hLU TIL. numlgr of empOyees has been reduced
f,orn 767 IN ora md tbe INV from ar 3t per month
i'ih 49," =" '"'', NM wv Ply v'i'-' - '''