New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-08
cposits. as shown above:
Total. 1928


week the results az follows:
Decrease in srecie Decrease in eIchange
Dscreese In deposits 1912 Zee in distant balances 10 Jog
ofcculaion l0s4 Increase In long ioah' oof'
lee. IN short loans.... 5o55a5l . 3,
Tie master mechanic of the TeIre Hante Alton and
St. Louis Road states that coal burner has just been
placed on that road and great success. The same
service is performed with tun Of COAL costing The
Company 81, that other engines perform with two
cords Of wood ing S. Tpe Company propose t,
Tut on more coal burners as soon as practicable.
TIE master of repairs OH the Pennsylvana Railway
estimates that the average saving cost Of COAL COM
rared with wood on tn road, is DC T. cent, about
cents q mile.
A statement was made in the Detroit papers to the
effect that the Grand Trunk Railway Company had
leased the Michigan Central Railroad for term OF 999
wears. There is no truth IN this rumor, and it arose
from II g fact that the Board If Directors of toe
Grand Trunk Railway at late meeting ratified the
Lase of the Port Huron and Detroit Railway
Annexed is description of locomotive and car
combined. now being built for the Fort Wayne and
Pittsburgh railroad calculated for local traffic on short
distances:
The car contains seats for passengers aud for about
three baggage The weight OF the car aud engine with
out il 3 u One cord Of wood is used in running 10
Of an the men employed and engine is less than
third Of the mile Of an ordinary ai9 OF h SANE
by the faoad country either express acoIodi
ton trains and will easily over any grade "hee the o;oo'
II i nse that and tear of the iron aud tack will
be very snail with tie locomotive compared with the
ordinary tran the st weighing IN no case over ~ TINS and
IS to 80 tan s, that The cost Il rans IS re- 0y
very much less but the cost OF repairs ara Ieqsw o. h
decreased the degree. The additional weight on me
divers is In proportion the load each passenger and each
Trunk sddins dreet to IT, viii also be that the
um Of train Of this weight sl ius) viii be small comiad
locomotive ear can brought stop quicke AMI hence Is
ser IL T. also that there fewer number Of
set on, OF Tepr han the machinery as nov con.ru led
The ~ s sy Are s1 o% 10 y s
In that there nay be no k run by those Companies VINO
be nse of the inventors guarantee that shall not cost
exceed IS cents per mile it. and will make large proper
viii Guarantee that the per mile shall be the figures
stated they have hesitation in saying that the at cost pr
nile ron loo miles over per day viii MT be oyes
10 cents Per nile -
The following gentlemen were elected Directors Of
the Ohio and Mississippi road at the annual meeting
on Monday
cinennaii-Lsrr Anderson, James Hall, VIM. w Ssarbor-
ouei Chas d. Coffin Edward lint Henry c. Lord, Wa II
Clement Joseph Terrence, Samuel W. PomerOy James D.
81 Lcn.s-~Lewis B. PsnOns, Henry D. Bacon.
Ke'c ioEWn H Gpia Edwin Bartlett Samuel w
Comstock Joseph Asop, Fred schnehard Edward Deine
VIM whitewneht ir.
The Presidents report says:
by reference to marked in Treasurer report you
will large amount has been expcndedin permanent I'm
proynets the mos, prom nent OF which Is bridge over MI
treek near Cincinnati referred TO in my report Of last year In
tt r,n referred TO proposed among the cred
iiors and stockholders cIitazaton and informed By
the chairman Of their Trustees that there ar now III Tue rd
under tie meut TO capitalze- .
Second Mortgage Bonds. ..............ssss tpi9OD
Constitution Bonds o'soSuo
Income Bonds $1,000
Claims, principally notes. S5too
Past due Coupons ............'...''''''' iE'ooO'
Total. 4l3 100000
Iron Init for foreclosure and sale Of the road brought by
large holder the second mortgage bonds tine Court granted toe
aIpaton for Receiver and 1oned jos w Asop such
the gth Of April last and he is now acting in that
paciiy. e,,
Tie necey ofHEy material change init work.
Tie business Of the pat shows gratifying nrete
that OF tie previous year and with the prospect Of ahd
crops present year bids fair TO show as favorable result
TnEAsuHEKs REPORT.
othe Liabilities and Assets Of tie Ohio and Msss-
rIi Railroad Company APT1ll S 20 1900
-
Lees pledaed 20 city Of Cincinnati to Sc
cure olu Il 800 O00......... lO00Q0- G3l %
Loon Of city Of Cucinudti. ............... 61Ol0 %
Loan ft mtg hds., redeemable Oct ll52. 10000 on
Loan 81 NIT bond redeemalc Oct !, 1880. 23 O0J %
Loon consiructn BIDS, redeem Mar l5i6 f2s 900 90
Loan incou bond-, -deemlble May lGl.. 332o00O %
H. Az nwali and 100000 90
BIZ payable on temporary loans to ply lst mtg. - -
Rent OF rolling 99s;8 80
charge due 70 other Toads.......... us 930 80
Pay rolls and bills unsettled PIios to $500.
Oreri sc,ourt unsettlsd,'....,.. $50 o. 8li7l Sc
old noet Debt md ittcre.t........... lBn8 90 5000 NJ,
unpaid nteie't eoupons lol@S'' w. i'''V o' w
Total. sis os9l 81
dsfef. 80, 80. a.. 90,
Cost OF Road -
Re- Estate md oihso Vi
Fouirisrt snd Rolling rower.............. ~, 90 go
- . OIL