The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-06-21

Chesapeake and Ohio canal, having pre-
cedence of the claims of the State o.
Marylsnd, under act of the Legislaturs
of December, 1874, is S3,96s, $50, q large
mart of which is for accrued in.
terest thereon. The. amount on de.
posit to the credit of the company or
the 1st Of June, was 81 1857 "a. The
annual report of the company, made al
the meeting of stockholders in Annspo.
lis, on the Sd instant, is yet in course OF
preparation for publication, - q
The weakly statement Of the Phila-
dslphia banks exhibits but few mAtked
changes. The widest differences were a
decrease il legal tenders of s5OO,7lo, and
in the item of circulation of $3.50, 712.
There was also falling off in deposats
of S7s, 343. The amount of loans was
s34, 925 larger, and of specie $21, $40.
The business done at the Clearing
House footed up $32,563, 347, which is
an increase over last week of $S1, 165,
and the balances were $2,663, 4S4, also
an increase of $365, 973. -
The following is from the New York
Journal of Commerce: 1--WE are informed
by Mr.. Payne, the president Of the Dem
mis- Run and New York Oil Company,
that crude petroleum has been used for
several weeks past as fuel to generate
steam for boilers and engines on several
Of the company's leases on Dennis Run,
Warren county, Pa, in very primitive
but successful manner. The modus ope-
randi. is as follows: A barrel is filled
with crude petroleum as it comes from
the wells, and set up on end, to which
is attached half-inch iron pipe, rum
ming say twenty OF thirty feet into the
fireplace or furnace, and perforated
with small holes. A very small pipe
leads from the dome or crown of the
boiler into the supply-pipe, conveying
dry steam into it. The oil is then turn
ed OIL by means of throttle-valve, as
is also the supply of steam, and very
small quantity allowed to run. a light
is then spilled, and the gas from the oil
instantly takes fire. As the worm IN
the fireplace becomes heated, the supply
of oil is increased to an extent sufficient
to allow of its instant combustion. 1t
is said that the whole of tho apparatus
necessary can be furnished for the tri-
fling expense of ten dollars, and that
with proper attention on the part of the
engineer in the supply of oil, one bar
rel of forty-two gallons is sufficient to
run ten-horse engine for twenty-four
hours. Mr.. Payne is confident that no
danger can arise from it's use.
An English Journal gives the sub
Joined table of the dividends upon the
shares of the six principal railways OF
France for the last five years, and Incl
dentally remarks
A very large proportion of the capital
of the French railways is raised by
obligations or small debentures, issued
at about f12 each, receiving an annual
interest of 12s. each, and redeemable by
annual drawings ut EGO each. The ex-
tent to which this debenture system has
been carried will be seen by the fact
that, while the share capital of the
Northern of France is G9 900, the
amount of capital expended
to the close of 1866 was EOS, All, C59, the
balance of Els, O7s, O59 being raised by
obligations. At the same time the
dividends paid upon the share capital
of the companies will be seen to be
high: . 900, ,0.,
Company. Per ct. Per ct. Per ct. Per ct. Per Ct
Es stern GEO 660 $50 $50 90
~ an Ion On M On m on IN