New-York daily tribune., 1862-04-22

o5o-roskipg n total capital and funded oeo' o'
20 ss5 go Tie income Of the company Tor the year
-, ,ols and other sources $s9l ,846, against
,asO no the previous year, which was the heaviest
- income ever received ON the Canal being an
ooss of alout Sf5 900 on the income OF 1859. Ihe
hrsineas Of the Canal last year. prostrated as the
oI ,,de and iron interest WERE was nearly $l7,oo
IN e,cess Of that Of 1853. The cost of operating the
Canal last year WAS sli3io2. showing the net earn
incs to be slis,4i3. There bas been expended since
the last annual report for permanent Improvement
$40 ca, which, with slS,Gl9 of discount on mort
cages. land damages ETC., increased the capital %-
count s60,S The net earnings OF SllS were
expended in dividends Oh preferred STOCK SIl, ,JvO,
~ ipfores, on bonds $32 9i0-leaviog cash sur
plus of Sl2,720, against SS go balance On hand at
the close of last year.
At the date of the last annual report the net ioat-
ing debt OF the Company was $oi, i,11', ana the
bonded debt 1856, $50 At the eloss of the fiscal
wear ending Feb %, 1862, tie net floating debt OF
ibe Company was $27 ,9l2 and the bonded debt was
asa 250-the increase Of the bonded debt having
| been used in payment OF the Improvements made TO
tie Canal and its works, and in largely reducug the
floating debt Al things considered, the years re-
snlts should be source Of qualification 70 st0ckhold
er st 10 all interested in the securities Of the Com
nany. The Morris Canal extends from the Della
ware oppos,e EastOn, Pennsy ylyania, TO jersey
City. oppo.ile New-YofB, a distance OF lO2 miles,
passino through the most beautiful and fertile re-
eion of that or indeed, OF any other Ste, Ito ina'
chpery for ascending TO or descending from the
levels being the most simple, complete, aud e1redi'
tious on any Canal OF anything like the same length
in the world. Iie entire tunnage last year WA
6la. 500 tuns, which is the heaviest years tunnsYe
IN the existence OF tie Canal, save one
The Cincinnati Gazette Of Friday says:
bssn awsr. Tor months past that important
negotiations IN progress by Which ~ ~ zoo
President Of the indianapolis and Cincinnati hairosd shood
obtain ,he control Of the stock and debts OF tho herer
The csnt was TO have been sold to-day under decree Of
Court but Mr. LoTd having become tls Pnrchef nsof
M Of lie ,tock Of the C cinuah aed Whitewater Canal Com
many and the claims amounticg - several hundred thou
ssnd dollars against It, IL has virtually secured TO him tho
ownership sad canal ard the sale Of the same has been u
Ills unnecessary for 60 into particulars of this pur
chase suffice IL that tie result Il ely 70 lie the construction
m and independent railroad from this city 10 LnwIence
urr connecting with the Indianapolis and Cincinnati
our opinion doubt II will 10 OF gest advantage 10 Cinen
natl and by bringing the Iudizspos snd Cincinnati Road
into IL, heart the city AID relieving Of its present oner
ous connection with the Ohio and Mississippi Rosd viii
will then be formed Cincinnati to St Louis upon
mon gauge with our Ohio roads
| The Cincinnati Price Current says:
Pork packing this has been unusually late bat !.
bu lat eeei that 1t closed at Cleveland Toledo and
Chicsgo hence Is that compelled to delay our
hogs shipped to Eastern cities ts has been
ally Large give below the comparative sh by the
New York and Erie aid Pennsyvana Central Rsvsys sud
will give them by the other two routes IN tie ner ue OF our
! paper probably
Our statistics pork packing a, the various places 'gsesse
A follOWf: