New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-01-09

The following are the changes in the Debt state
mcnt compared with that of December. 1867:
sixcs of 1881. 40 ss9 90
Compound Notes Of December Dec lsootSsO
COMPOUND Notes overdue Inc inc .sSS
Three per cent Certificates loilVV0
Gold Certneates 9oeoo
Coin In Treasury & ,7SsS9S
Currency ia Treasury n'oiS' So
Debt. o''lS'o''
The statement shows an increase in the net debt of
S,9lSS99; which, added to the increase of S97OlSOl
In the December statement makes total increase OF
sl6G2l 200 within two months. The statement does
not indicate ability on the part of the Treasury to
contract the currency from surplus revenue but fore
shadows easy assent by the Department to noncon
traction if not 10 positive expansion.
The vote to remove the transfer books of the Rock
Island Railroad Company to Chicago has been fol-
lowed by another injunction prohibiting this act
which is unanimously Teprehended. The corporation
for many years has had its headquarters IN New
York and the attempt to evade, which was probably
only ockobbing Injunction is regarded as con-
fesson that there are facts in regard to the recent
operations i'm the stock Of dishonorable character
That the issue of stock was legal doubts but
equal confidence is expressed that the sale for the
Company was ayailed of to sell large amounts for
private gain by parties in the secrets of manage
ment. If the transaction in all its details
will stand the scrutiny Of legal exam
nation the Executive Committee and the
directors will soon come to the conclusion that
attempting to run off with the books, and to stiiie
investigation, are serious blundcrs Just now the
public asks why the hooks of q corporation which
elaine to h~vo made very advantageous sale OF
stock are attempted 10 be away with, instead of
being promptly produced to the fairness of its
dealings. For the attempt to run OH with the books
there Is no possible 1t is stated that the
sradng of 50 miles of road west of Omaha has been
without the knowledge Eof the directors. An order
has been granted to show cause tomorrow why the
proceeds of the recent sale of stock should not be
placed in trust to abide the event of the pending
litigation 1t is to be hoped that exertion will be
spared to have in New-York, where this stock is
owned, and where the majority of its directors live,
full examination. As represented in stock circles
there are transactions connected with the operation
which should consign the participants to the peni-
Tertiary.
The managers of the Marietta g. Cincinnati Road
have determined to make no more scrip dividends
representing earnings used in construction, and a
meeting of stockholders will be called for next month
10 obtain the sanction OF the owners Of the profits for
this policy.
The Marietta and Cincinnati. Road earned in De-
eember:
S23Ss3 sllsGe5 .sd,71a
The Michigan Central Road earned in December:
s3SO373 1866 $3OsG69 Increase. 81, 7OI
A semi-annual dividend of five per cent free of
tax has been declared by the Niagara Fire Insurance
Company payable on the 18th inst.
Earnings of the Chicago and Alton Railroad for
December:
1867 s3O24O7 1906. .t271 ,26 Inc .ssl,lGl
Earnings of the Detroit and Milwaukee Railroad
for the week ending Jan. 2:
1868 55s .s24 s65 Dec. 1901
The shipments Of Pttston Coal for the weeks end
ing Jan. A. 1868 and Dec 81, 1867, were as follows:
By Railway ire. i'.' SIS BY E3iIyay,.-.. 1887
Previously 1865. Previously, 1861 1882
To same date 1861 s5s Same date 1866 ..5s5's85
Decrease, 1868 .. 89a5 Increase, 1867 ... .926.sH
The Germania and American Exchange Fire In
snrance Companies have declared free semi-annual
dividends each of five per cent.
The New-York and New-Haven Railroad is re-
ported have decided to order 1900 tuns of steel
rails from England report on English trade states
that the British exports of railway iron were con-
sderably increased in 1867 notwithstanding the com
petition of Belgian makers and other circumstances,
the total shipments in the ten months ending Octo-
Der 81 having reached 5l30H tuns, compared with
40 141 tuns to the corresponding date of 1866 and
6Ql G52 in the first ten months of 1865. The exports
10 Russia in the ten months ending October 81 1861
amounted TO no less than 25l3 tuns. against 1886
TINS In the corresponding period OF 1876 and 81 5S
tuns in 1863 The United States took the large total
Of AS 66 tuns compared with 19O&} tuns IN 1866
and A 0j5 tuns in the first ten months OF 1865 To
British India the exports reached l4O6d tuns IN the
fen months against l17,737 tuns in 1865 and $500
tuns IN 1865. Russia il the chief market In which
Great Britain has had TO meet with Belgian cOmpei-
ton.
Express shares fuctuating. The vaTons ru-
afoat as to the details Of the recent arrange
nent entered into by the several Express Companies
seem to have somewhat bewildered the public with
whom Express stock has been a favorite investment
and will be again when they clearly understand the
arrangement has been fully effected. The card
signed by Messrs. Dnsmore Ross, Barney, and
Wells Presidents of the Express Companies, should
be satisfactory upon this point and doubtless would
be- but for some erroneous statements appearing at
the same time in the press, under Misrepresentation
Of the facts.
Independent Of the card signed by the Presidents
OF the Express Companies, We enabled 10 state
positively that the agreement contract referred to
by them has been duly executed and is being put in
operation as fast as the details can be perfected.
Considering the magnitude of these vast enter
wses, IL WILL Of course, require time TO perfect all
The details as agreed upon BY this arrangement the
cutting OF prices ceases and common tariff Of rates
being arranged based upon the cost of transporta
non, and leaving a reasonable margin for dividends.
ms Is the plan adopted by the Merchants Union in
making It's original tariff az given to the public but
Owing 70 the fierce competition and cutting Of prices
Mconid not at all points maintain the equitable rates
thus adopted.
Inc managers Of the express companies have the
"~sf' and this agreement proves their determine