New-York tribune., 1868-03-05

Express....... 78I23 I33.J6a 23,579 5032GS
Miscellaneous. s7.soi Ci,SsO 75l2d nG959
Total. .c,u455l s5,57G488 s9,l754o3 sn,@o9se
The current year. with moderate allowance for
increase of traffic, will give the Company over four-
teen millions of earnings a sum equal TO dividends
upon all its stock its sinking fund.- with a surplus for
new work.
The stockholders meeting Of the Cleveland and
Pittsburgh Road will be held on the Goth inst. At
this meeting it is understood that a distribution Of
profits will be made upon financial exhibits which
will place the shares of the road among the stocks
secure of income. The earnings ioT the third week
in February wereI
s3l 2o2 s3l.577 Increase 276
The Express Companies are steadily getting Their
affairs in order by closing all the superiuous offices
and leaving a single company on the various routes.
The Office Of the Merchants Union Express Company
in Hartford was closed for business on Saturday
night. leaving the field in that city 10 the Adams
Company, who will continue, as hereIQi2Ie. IAe
Adams Company reinquishes the Shore Line Road
to the Merchants Union for local and through busi-
ness between Boston and New-York, with the excep-
ton Of the New-York and New-Ilayen road, which
is retained by both for through business the local
business on the road being controlled 10y the Adams
The Merchants Union viii wholly relinquish the
Housatonic Naugatuck, Hartford and Newllayen,
and Hartford Providence and Flshkill Railroads.
The American Company gives up It's whole local
business in the East retaining Boston as an Office
for freight for all the West These changes are made
in pursuance of arrangements effected some time
since by which although nOminally distinct the
interests of the two Companies are made identical,
and their expenses will be greatly diminished
thereby.
The shipments Of Pittston Coal for The week end
ing February %, lsCS, were:
By Railway, .....----.--....--....-. -s5S s'lS
To same date eiso7....................54l78
Increase ..............-- ..-..... .2'tlbt
The following, from The Times, in relation to
tbe Rock Island litigation speaks for itself For the
credit of New-York it is be hoped that such all
davits win not be of frequent occurrence;
r friends and legal counsel Of Nh John J. Tracy and
Mr. David Dows Of the Chicago and Rock Island , koa9
have published statement ana 1a1ls @ ~ m nIi]ns
non 10 the various proceedings aud motions Ioi iilhe
hons and receivers made in the Supreme Court Of New
V Nv parties aggeved by the railway scandal Of last
December copy Of this pamphlet mas pee sehl 10 s'
and as some complaint OF injustice 10 Mr Dows, espe.
caiI, as made az the time In regard 10 our stteient
and comment upon the trdnsacl l0h, We ueeI ~ u. ,
MAJ gentleman 10 say that the adavits before us acqut
HIM a., m DersOna speculatOns in the stock pending the
exceptional and secret sales OF 1000 hhaes IVi m
of tie Company He is made, however, 10 pai ilclpae III
tbe reasons alleged for the manner o ana motives Ol a
large transaction, aud IN the charges bo direct anu 10y
impcatlon against some OF ms cOdlttetoolHho uIsap
proved it, TO seq out the Des MOlnes E1tthslo 70 lio
Northwest Company The statement ,h o. Gonrs f followed
by tins official threat of future ae0n Gi s,, con,
bps 20 afas y gIound proceedings he moment ths
deciors have completed Al Investigation lo eh oo ~ " R
M means lie hope To he enabled 10 procure Tor lhs 1oany
heavy 0H'eei upon ne isss prqssi.g,
rr.ya,H Tov, Secretary.
In addition TO the JOINT affidavit Of MT Tracy and Mr.
Dows the above case MY dfsty b9teI h nS of
and agency the secret sales tOf account y. the an
20 , affon of further secret issue Of 10000 shares
over and above the 5000 shares This issue, 1t turned
out was not then ~ made l n nnbe o and the Of
The ftue bayers and present holders Of Rock Island
than the Des Mones Extension at all times IN the
power OF the Executive Committee, OF which the Pres
snch near contemplation las. December that MI Tracy
himself sold 5000 shares Of the Common Stock short or Oh
time al 9gs per cent, and subsequently closed te COR
tract at 9 per cent after the scandal OF the previous
transaction had sufficiently depressed the intEe TX @ no
one other than Mr. Tracy himself fully explained
or even ereditably accounted for IN the following
ca, and comfy Of N,eori Tr.e' being dolly
s 1e' G sS @ sose @ s between S % & s s bs % 1907 .S loo
sOet q the Chicago Rock Island and Pacific EAS,d C9Rpa
~ closed Dec 20 1867 realizing to the dep"
B.IesS Dec ii and inclusive tA, Opponent sod
tine % 1 and S sre S & S & M M ' c.ps sl. .DG o s1s pS %
ViJ m nv purchases both days incl-
s,e On this transactions there r:oft amoorirg 70 81
ON The 2s p,cenbt with the beneht person
uko Ss ed to ignorant Of the fact ePOnsu caused be
sold on tine 800 shares There this transaction profit Of
/ S81
u contemplation Of ~ sn'hon from The kIsuis Committee Of
consolidated oBTsuy 20 iue and se OO shares OF 10 ttocs
aver and above I san ~ 600 shares before Bsbt0ue
s r Tie prro Of sug On o more capital To be sIpeuiel
Of Instead Of this depouent
esns to sold the 26th and lih Deeber 1867 $500
imCntene safes tit depdnsnf "a
s Ad BIeeuiss Cemries would not heteh
tt bebsf bu caused Of $500 shares " closed
eass, Jan. and 1867 al prices Vg hoh
s dporsti Tracy that h ne Only p.s.l
eoE. 5000 shares sfsb @ a.le1en l.e Al
pRs oct " li that lI ass a. 'ee'Vh'" h sHeHs AND