New-York tribune., 1868-05-16
Innrinc IN diridends. "a

Two dydcds Of five Der cent each on the capital stock
have been paid during the past year one & oTf % he me- Iad
The Of July next The receipts during te aS'
wear show an increase the preceding one OF SSo4
willie f5e TRANSPORTATION expenses coupon interest loss
on Canal Road and taxes for the same ume SHOWS ue
crease Of S22O29 thus leaving the sum OF $l6SO 2spA
rots for the year applicable to dividends and perman
entmproyementSt TO the road and 4he sum OF
eqg7 has been expended dufIg the year for new en-
irr and cars: also S44227 for the depots at Nor
walk and Stamford. Mr Bennett, who was removed
the office OF Treasurer about year ago. said 70
b. defauer the amount Of SsS,255 and proceedings
have been instituted against him. The company has
contracted for 2COO tuns OF Bessemer steer I ior e
road and Bakers improved method Of warming the cars
Is 10 be generally adopted the line. During the past
SsaT 1892 passenger trains and 20Sl freight trains have
boCn run the road; the former conveying le 79l
passengers, and the superintendent states tSt during
TIE past twelve years no less thah LCSsOS passengers
have been transported over tne, New-YOrk and New
Haven Railroad without an accident 70 any train while
uu that road that caused the loss Of Single life or limb
Ia any passenger transported The amount paid to the
Hrrf R9jlroad COMPANY Ie past year as their portion
Of t.ie receipts Gas SI59.4S7. .
The annual election of the Cincinnati, Hamilton,
and Dayton Railroad was held at Cincinnati on
Monday. The following named gentlemen were
elected Directors for 1sGS-69 S. s. LHOmmedleu'
John Young, William Goodman, William Beckett,
Geo. T. Stedman Lowell Fletcher, II. d. huntington,
Charles Davis, and John W. Ellis. We extract the
following items from the. Presidents report to the
stockholders;
The Secretary and Treasurer report shows the earn
ings To have been, for the - -.
Year ending March 81, S5j2Ss4 o.
Transportation expenses '4o''lS %
Leaving for interest on bonds, taxes, and dvi-
The earnings Of the past year show increase Of s5l
g5S q over those OF the previous one . -.
The earnings per mile have been VI ia Va
The number OF passengers carried .....-.. 6l2'SS4
The number Of tuus of freight carried. 4g4G6
includes 9l8 Oi expended in the renewal OF bridges
an expenditure which might he proper 70 divide over
penOd of Is or 20 years without including TINS eXpendi
ture the transportation expenses are 7 per cent OF the
earnings This much less than the average OF expenses
1faVf rel FnN
with the exception Of the sad disaster which oo-
cnrred on road LOckand on the 2ls OF Nove-
Der last by which five lives lost there has been but
little damage done to persons or pf9pety; % huee % & ~
road the year 1851 it has been operated with unusual
freedom from accident. ,.,
During the past year two hundred and fifty -four Of
bonds have been sold NJ par and the proceeds a
piled TO the redemption Of the remainder OF the first
mortgage bonds Of the Dayton ana Mlchlgan company
About an equal amount OF the Dayton and Michigan
Seconds tnow Firsts held by our company for sale
The floating debt Of the Company has been far
duced that the available assets on hand al their present
market value will be sufficient TO pay on the balance
The net earnings Of the past year warranted the DIT
rectors IN making dividend OF eight per cent THESE
earnings having been expended in construction IN pay
nent of floating debt, and advance TO the Dayton and
stock of the COMPANY Ths course ii is believed met
views Of a large majority Of stockholders.
Tie SGrdRRdh Republican says,
The losses on the Atlantic Gulf Railroad resulting from
the floods throughout the country it tTaverses
had been very much exaggerated North and elsewhere
minds OF many as to the extent Of damages and
OF repairing them. We understand from Trustworthy
sources that the expenditures have been comparatively
small and that the road is complete and satis.
factory running order from Savannah to Bainblidse.
Cincinnati paper says:
The Pennsylvania Central Railroad Company has
bought the Pittsburgh, Columbus aud Cincinnati Rail-
road The latter road, known the Pan Handle route
Chicago and Indiana Railway via Pqua and Logansport
Chicago and the shortest route from New York and
Philadelphia via Pittsburgh and Chicago. The line
crosses the East and West roads between Columbus and
Chicago and all North ard South roads between New
Ioransport Peoria and Burlington Railroad il consti-
tutes almost dreo air line this city Burlington
competition with the Fort Wayne Road.
The earnings of the Morris and Essex Railroad
Company for the quarter ending March 81 were:
$S52,GG4 s27e Increase s12s ss7
The earnings of the St Louis. Alton and Terre
Haute Railroad Company for April were
Iscs $2l3O9T 1867 tl6s l62 Increase s4I sas
The question Of extending the Madison division of
the Chicago and North Western Road to Winona will
he decided upon at the meeting of the directors on
the 4th of June Winona journal says "the
Chicago and North Western Company has fully de-
termined to extend the Winona and St. Peters Road
westward to the Minnesota River this year." This
determination expressed year or more ago, but
now IL Is stated the Company are prosecuting the
work with dispatch, with view TO its early compile
ton.
The following is the statement of the Bank of
England for the week ending on Wednesday, the
Goth day Of April. 1868:
ISSUE DEPARTMENT
Notes Issued 4J4,5 GOvernmt Debt RiI
Other securities 3gsl 800
Gold Com and
BANKING DEPARTMENT.
FfSRre'ois oN sIs5OOO sEEfsament Eis. secu o., coo
Rest -.,....:. ai07'5o2 Other Securities IsOs5775
dDcluding Ex- Gold and Silver
cheqnel, DAF- Noh......,....... I245,lC