New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-11-13

Adams Express Company containing SlG IN S.k S VIZ
sas sn an. si eSb % a. Of TS 4. oonsn ." Of q
s7coo othe stolen bills into tho .ssSon Of parties Who are
now Snesr S were .0r epe6s 1 These % 70 .hs
s at s A ss i1t the ss d Maine
the os sS en- sg@s SIa 81 and
{, ec@ ss City ;ssapEs sT AZ ' S &. 9
efhe bills stolen from is SAFE are the PogsS o. me-
or thr Value in hose possession they may be 9and
1b to notify you Of s sa s % Of te Sd BSnE
ave- S,sented 10 YOU for eIch ge negotiation yoa viii 5eie
10 axe the and will obtain the name q ihs
EIeess Company M Office No q g9aaway ~ tSs IVY
New. York Of such particulars WIN b DiNSmOhb
''" 49, " President Adams Express Company.
Tho second annual report Of the Buffalo, New-York
and Erie Road has appeared. From j. We learn that
for the year ending Sept 90 1860 the earnings of the
Road increased $50 SO over those of the preceding
year while the expenses for the came period have been
reduced $3I $50 H. showing net gain over the pre-
vious year of $40, 633 %.
The total earnings Of the year arc. $500 81
The tots expenses Of the year '1fVf' %
Shown. ne. .42i2s54 40
The interest entire liabilities Of the Company ..
paid during the period, s4Io 10
Leaving net surplus Observation-Disclosures. s6l55s IS
Which amounts to fraction over cent on the
entire capital stock OF the Company.
TIE interest on the permanent debt Of the Company,
viz 81 600 900 Of first mortgage bonds $3.50 900 OF sec
| ond mortgage bonds, and $335l6 - Of zeal estate
mortgages amounts yearly to si6S,9i6 y. The diff
ference between this and the amount paid on in.
terea account during the year. is sl2,f70 ". This
amount wac expended in paying the accrued Interest
| on such of the bonds of the former Company being
liens on the Buffalo and Atca Diyision of the Road az
have been returned and exchanged for bonds Of this
| Company, and for interest part Of the floating
debt exchange, &c. The floating debt of the COmpa-
nv at the date of the last report September 30, 1859
was 1852 I42 OIL. This has been reduced during the
year to the present sum of 1901 6Sl 30. The actual
floating debt aside from open accounts, Is about $lOO-
600; and the report says it is not an eStravagsnt es
mate to assume that within the ensuing two years this
debt may be wholly exngushed so that the surplus
earnings of the Company may thencefonh be safely
applied in paying dividends the capital stock OF the
| Company The assets of the Company, exclusive Of
it's railroad, real estate, machinery, and equipments
amount to $34l Sl4 3d. being of $40 1872 63
over the amount of the existing floating debt. They
consist principally of cash hand balances due from
other Companies materials hand fuel, OIL iron &C.,
and the proprietary interest in the Rochester and Gene
gee Valley Railroad, the value of which 10 the Com
| Iany is fully equal to the estimate.
more perfect connection at Elmira, the report says,
with the Southern Roads is required for the aecommo
dation of the coal and iron traffic. This can be obtained
by the construction of an Independent Road from Corn
| ing to Elmra, to be controlled and operated by this
Company, or by extension OF our own line 10 that
| uoint distance of l8 miles.
1 Cerf