New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-04-16
f Aprll. was a. follow:
results are as follows:

b..s 5i S.; 55,sss s III, i,s.S , 49,. 20
As compared with the statement of Msrs1 u, the
results are as follows:
Prov,dsne. Banks Country IN 3 s'T "a,
Capital. IS so 20 Inc sIso ~ ne
ass g Ing 1854 $ he
Due haIi''.''.....'..''' Sss :, lns sso InS'
Iiss.o o. nc ~ n M
ep-c'e....................'. sSi &c 80 y ~
Bsnl Se';.'.''''''''''' % 80 90 ne - sSs as Ins
At the All ual mestirg of the Baltimore and PhLs
d.loha Railroad Company this week, tse President
ade ststemeIt in reference to the course be bad t.
pursu. spcs the termination Of the ls.e compact"
betw.en TIE four great Ines, in maintaining policy
f,yorirg the Interests OF Baltimore 10 competition wiLh
the Nes-Y RI lines:
"Tbe New York Central Road, the great passenger
route had pov rot only cut down tie through pss'en.
ger fare on fast trains 10 low point WITH view OF
eomI citing vith the Baltimore ard Ohio Rosf, which
vas content TO run st a moderate speed and core
spordlrg rsdu ton of price, but had al in the pat
week cut down it's fregbts TO such an extent a. 10
overcome the advantages afforded by the Bs!1Jore
route, with its cheap water connection at es N eud'
TIE New York Central started with N cent re- nc
ton shich he Assumed the authority az once 10 FOL
low IL then tried another 20 cent reduction, and
again he followed; and finally IL reduced IL cents iar
ther which he Likewise did, He had thus taken the
r.sp1rs iblhty Of acting and that the s0Yaotage
beor cir TO the Baltimore route should sil be pre-
served to IT, ard hoped the Board would make some
expression Of its views on the subject Aftef some
dircussiop resolution approving the cosTse OF tho
Presdtrt and authorizing like action TO such eIten,
be might deem recessary, was adopted wi'noas os-
cent"
We have received q copy of the annual report OF
the Sir nsso;s Mining Company. In their last report
they stated the earnings Of the Company for 1897
TO have t.en sbout s3l7 600, and its total sv'aois
assets on the 1T of March, 1853, about 1868 Co0-
from which they declared and paid semi annual
dividend Of $3.50 OC0 on the let OF April and another
of $4,000 on the lst of November folio Fing-carry-
in al etin sted surplus of 500 900 over to the ere fit
Of the ensuing year. The sggregats pro1nc' OF
mineral for the psst Jesr has fallen some S2i tuos
below that of lsJ7-wbile the sbserce OF monster
masses to cut from, and the lager proportion
of rock adheiiug TO the moro numerous maAees
of moderate sze, especially those taken from
the cong'ouera'e together with the incteSed PFC
portion Of bsrel ore, and stamp work-have re
duced the yield of the mineral, so far as yet
sm,lted, TO about 7O.l.l0 y cent Of pure metal.
1t appears that the probable net earnings for 1888
will be abou; $40 OOO and that the surplus of sos 900
of lat year has be reduced by improvements at the
mine paichssts Of real estate cost of macnrery, aud
deficiency airing from over valuation OF mineral on
hard IN lsst report to $780, Estimating total surplus
sr,t. on the LIST of March e2f, 5S5
Fr N which the Director, have declared SENT annual
eld
Ls1, Cniins "V'
Leaving probable balance of.-........,...el.05 So
to be realized from assets hard and spph able to
the seni.snlusl dividend OF lst November next.
The who quantity of mineral produced or raised
from the miDs from January to December 81, less,
was CO. .2l2 pounds, or 1881 tuns of mas bsrrsl
and stan copper in the 70 lowing proportions, VIZ;
Mass copper to q Genet, or.............2 40 $50
bGTfel copper - 2 cent or..s.'''''s.'' ylboIt
Stamp copper y cent or.......''...' 81 9ofb
TOTAL treduea................S6s7,
being an sversge Of 1922 tuns month for the year
Also 20 Ii of silver ore which yielded in value $500 So
| or IS 81 y Is.
The above product estimated q. the average net
yield Ct the mineral nelted during the season, sni at
the ayersgs rate Of past and current Gales, will realize
ero.s value OF about $4,000.
TIE cost Ct mining, raising and preparing for chip
NEXT the whole product of the year a, shown by the
moItbly returns from the mine, has been as lologs
VIZ:
Mining contracts and Hl 81
Mailing The total proper COS. Of production i6 o.
berg sn sy ersge Of 81 Sl2 month, sli9 q fer
each tun If mineral raised.
This statement shows reduction in the monthly and
aggregate amount Of expenditure notwithstanding the
increase Of force employed, and the extra expense en-
tsi ed by the accidents Of the past yeT-but it also
shows an increase Of newly sli y tun in the average
cost Of tie mineral in Consequence Of the diminished
product o. already stated.
The VT ole quantity of mineral forwarded from the
mine the past sesson ncadipg that let over st On
,onsgon the prevou. Fall was 49,, 1863 10, or nearly
| ,9l7 tuns-an Of which was smeted by contract at
Detroit heretofore and prOducei $50 lao ID Of re-
fined copper, being yield of 20 LILO 2 cent.
OF these receipts 292 $50 10 have been cold and
delivered, realizing the gross amount OF $ol9 ~ oo,
being an average rate Of - 66 100 cents y ID. The
balspce of 1913 $50 b on hand on the LIST instant,
which at tie preseIt advanced market price, Is worth
| t9i, 453.
liz regard to the new route about to be opened be-
tween this city and TIE West, We have com nunica-
ton TO the following effect:
r, ne I1ns- Of 1hs ~ T. T,ibsss.
SIR: l SEE il ated in several Of the daily papers
that in few days hence goods may be sent over the
railroads from New-York City BY Nex-Jesey Ifsns-
portstcr, then by New Jersey Central thence Allen
| town and 40 by Penn sylvanA Central 70 ChIssgo,
without charge of cars. There can be no greater
misrepresentation peIversiOn OF facts. Tne New
| Jtrsey Trs1spo.tatOn Company has ore gage, the
New-JsIsey Central different ore, the PenIsylVina
Central different from the New Jersey Ceausi,
and the Pittsburgh Fort Wayne ard Chicago stiD
another quIng including the ferry, 10 less
than four traIsf.ls. SO, By way Of Cam1sn and Am
boy there are three changes you inelade the vSIet
co1yse Now lock al the NeE. York Central ard New
! York ar 4 Erie routes. F5om New-York 70 Bafilo,
or Du1kik without change thence, after change, 10
Cbcsco via Cleveland and CrestDe, and Pittsocrsn,
Fort Wsype srd Oh esgo Raj road, without changs-
| on ore charge from New.York 70 C9icagoi or, via
Lake Shore one additional change At To.efo, making
two transfers This exhibit cannot be co1troyertei,
and il il given that the public may lot De mslsi ~
| stock brokers' or paItisaps. INTEGRITY.