New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-05

The amount of notes IN circulation Is t2O, 2s993O,
being decrease of 500, $780, and the stock OF bull IN
in both departments s fl7,926,9SO, showing an III
ere ase Of fl292 when compared with the preceding
return
The annual meeting of the New-Jersey Railroad
Company took place yesterday at the Compary's new
depot at Jersey City, The meeting organized by
the appointment of Mr.. Thomas A. Hartwell of Morris.
town, as Chairman, Messrs. j. Black ard Samuel
Meeker as e-Chairmen End Col. j. Kesn a1d II. j..
Sou,hmayd as Secretaries.
The polls were opened for the election of Directors
for the ensuing year. During the ballong the Annual
Report of the Directors read by John Z. Jackson
Vice.President and General Superintendent The fol-
owing is the substance:
IL commenced by abiding 10 the late financial revul
sion by which. while many kindred institutions were
disastrously affected, the credit and resources OF this
Company remained unimpaired. There was also
cause fox cOrgratuation Of its firm and -four
ishirg condition, and from the fact that nearly three
millions of passengers have been added IT, the twenty
five millions previously Transported on this poad, with
out the loss OF single life or the fracture OF sugle
limb.
The gross receipts the past year are about the same
as tie preceding being $9l 6l7 %, and 500 63 TO
the year before. The expenses were {36Sto Us, be
ing ratio 10 the earnings of ii l per cent and TOR
the preceding year 800, 1l5 80 and ratio OF "A per
cent. The surplus carried to profit and lo's jan l.
1858 after payment Of two semi annual dividends or
per cent each is sl07 III Is, while for the yeur pre-
vicus it was SS5 257 81. The amount Of the surplus
fund after applying s25 GA ID for relayng portion
Of the road last year with rails, is S2l OS3 H.
The whole number ofpassengers, no. including con-
muters was 2,23S, 1870; and OF tns Of merchandise,
SOS72l against 9l3 passengers, ami IS 6SS tuos
the year before. oo.oo,
TIE number of miles run by the trains was 800 032,
and the ratio of ruEning expenses y! b0 cents mile,
against 47 80 miles, and ratio Of running expenses
at the rate Of 9s cents mile To- the year precee og
The tax aud transit duties paid the State Of New
Jersey tor 1871, amounted 10 Si 70 Va the previous
year they amounted to s33, 5Js s. Dividends at the
rate Of 10 per cent Per aunum amounting t. 81 10,
have as usual been paid TO the school fund, On the
stock Of this Company given IN payment OF tns states
Newark Turnpike Company.
Of lbs exhibit the receipts to be- S2l5JW Ol. wu.e
tor the corresponding period in 1871 they were ss-
j15 H. The reduction OF expenses in 1888 during he
same time, compared with ley. Is sli,IVV making
he diInI ution of net earnings IS 40 ~.
Tie experiment. made IN The Use of coal shoF that
tie cost per mile is from IL to ii cents or about one
third less ihsn wood.
The report Acknowledges an important invention by
Joseph Wood, one Of their ~ Il GERS, beiag an in
pr, y. m, NJ III safety switch :. n removes the Ia
bity OF cars running eff the track even with tue
switch misplaced or removed.
The cost Of the new depot and ferry building aud
all the appurseneIces on both shores Of the Hudson,
&c exclusive Of the fee simple Of the lani was
$3.50 81 20. Estimating the value of the land the
terminus and ferry accommodations 81 jersey Cliy aud
New. York would amount to nearly 500, OOO The
report was referred to a committee, who subsequently,
REPORTED the following resolutions:
eed That the annual made by the Directors this
day be accepted and approved
Reotsd That have abundant OF sa'ihcaaon, tia;
wh. dun1 the sst yeU 50 msny pablo interests have been
affected by the financial r-vulson which SWEEP
country. this Company has happily ben entirely exempt
and it, rs 9Th and stability unmpareo.
ResoreG That Stock hoder OF this Company, cordially
ard entirely sppuve Of the policy and acon q the Boad of
Director AID particularly eteresce % the aud elegant
depot ferry bHdiu which have been erected during las,
yesr r sccOmnOdson Of the
ens passing from a. parts Of
the county.
get,d Tl. thanks enineuty due the Board Of
Deto the economy wisdom and PRUDENT 1be.ty which
thew have evnced in conducting the Affairs OF tn Company add
thai believe that Us presei usefulness and high prosper
nv sre mainly be sscbed to their sku and ,een manage
m.n-
Rered That while entirely oonfde in the sound iuds
rnert Directors in making such additions their
their eu,iDs bnsess demands policy
,d u their report tbs; Will carefully syoid such scuna,
on OF CAPITAL for construction may render diff lt Tor The
receipts The continuance p.opsr .
The sochoder and advise in al adherence
policy.
Rs,csse That BE- recommended the Bo.d - Directors
have report future p-piea AID r.sny fog ep