New-York daily tribune., 1859-05-24

Ths hark. Of Roston have in their vaul,s on Satur
A., az SOC ooO in zpecie. The amount week ago
was 46, ,s62 200, showing decrease of only si'o''"
during the week.
case Of some interest TO railroad travellers, "a set'
ting principle, has been recently decided. James
H. Hotchkin of Prat,sburg, Steuben County, bought
ticket on the Ere Railroad at Ne~-fork for koches
,er. II was marked "good for six days only After
the espiru,ion of " six days." Mr.. H. presen ed the
ticket between Bath and Rochester. II was refused,
and he was erected from the He commencei d
ut which vas recently tried before referees designated
by the Supreme Court, and they have awarded the
plaintiff $50 damages.
The PHILADELPHIA Ledger says: .
We see II stated in some of the notices OF tue recent
decision of Judge Grier the railroad cases ts
CITY of Pittsburgh, that the Cay is thereby "a
s7C0 OOO Of it, railroad debt, aud a. the AhegneNy
County subscription the Allegheny Valley kailToai, &
more s saved 10 the County. This is not according to
the understanding here of the Judges ruling. Ihat
decision sfirms the following several points:
h .tionsli.y Of the statutes upon which pal ,ib
.criptons railroads are made is hnsi
ali hereae and the County bound to provide for the
PAYMENT u the interest.
fhd That the bonds csnno; be issued under par
les. rate than provided fol BY the Act u Assembly sod
made thereof and ssu-d under that rate,
Fcu,th That provision made in regard to the
ard the Of prys for the subscIPon of the
this particular instance without authority Of law
In other cases, understand, provision has been
made by Acts of Assembly for the issue of bonds and
those issued for the subscription by the Comfy TO the
Allegheny Valley Railroad not only limited IN
amount and manner, but it was provided by act OF
April H. 1852 that the subscription might b., paid for
in bonds. The bonds therefore, issued ov the County
TO the Allegheny Valley Railroad .,ond u1on tbe same
footing all other issues Erected by law, and are
validated by the recent. tcc ccison.
The statement tnat has appeared in various jour-
nails to he effect that the Supreme Court of Wiscon'
sin had agreed to decision declaring farm mort
pages &C. issued to railroads to be unconstitutional,
il declared by the Wisconsin newspapers to be untrue.
The annual report of the Cincinnati, Hamilton and
DAYTON Railroad shows that the gross earnings for
the year erdng March 81, 1852 have been:
From passengers. s1,36fS %
From freight ................ 2S,lls a
From mail. aud and, .sPT,:;t d,P9T,t aga ssse 7 %
And the expenses Of transportation ~''"l ~
Leaving for interest bonds and dividends s2isto ~
A comparison Of the gross income for the past with
that of the preceding year, will show an increase ot
sOI6 65 The expenses have, in the same time, been
reduced showing gain in net income OF $33,NS 3D.
Nothing has been charged to construction account
during the year The amount expended for furnishing
additional depot and other facilities for business is eu
brsced in expenses Of transportation. The hoating
debt of the Company has been reduced to s24,OI5,
consisting of payable bills, due ls Of July next, with
cash Oh hand Ia meet the same at maturity; ana tnal
the present assets exceed the remaining liabilities IN
the tum of $50 26S 81. About one halt or the assets
howe yer will be available before the ensuing al
and Spring Under these circumstances, the Board
have deemed prudent at this time to pass the dv-
dend.
The last statement of the New-Orleans Banks is as