New-York tribune., 1868-02-20

| To Cork, by sail.
Wheat, y Or, 7iS0 for orders, rs9s- if to direct
port.
Petroleum, per bbl,, q for orders, or q If to
direct port
The Erie litigation was further advanced this
morning by action on the part of the Attorney Gene
raj of the State, which suspends Mr. Drew from
services as Treasurer and Director in the Company
To this the Attorney General of the State
4mpelled by the action in the of Work agt the
Erie Railway Company.
The extension of broad gauge road from the Long
Dock to Chicago, to which alluson was made yester-
day, has been effected, but not in the exact form
stated The Erie does not lay third rail- but has,
through its President signed contract which stip-
ulates that the Erie Company will guarantee GER
tain bonds, to be issued by a corporation, which
win build a broad gauge road from Akron on the
Atlantic and Great Western line, or point west OF
Akron, to Toledo Ohio The Michigan Southern
guarantees no bonds, but agrees TO lay third rail
on one of its lines which will enable broad gauge
cars TO pass from Chicago to New-York With such
line the Erie would inevitably become the great
passenger route, there being question "a to the
superior comfort of a broad over q narrow gange
In this connection it is proper TO add that Gen.
Dven of the Erie Company is understood express
ing the opinion, that with broad gauge to Chicago
financial results be shown such impossible
upon broad gauge of limited extent like the Erie
surrounded by narrow gauges, which prevents har-
harmonious and economical action. The objec-
tion of Mr.. Work to the new use Of the Erie
credit proceeds simply from the fact that he deems
the outlay inexpedient in view of the existing obli
cations of the company. The new line will put an
end to the delay in moving goods east of Toledo
during the Winter an old and lOnP-standing griev-
ance. broad gauge like this gives new strength
to the Erie Railway oAd New York City, furnishing
as it does between Chicago and New York.
may be- an air line, which will command the passen-
ger traffic -. ...--. ..
The transactions at the Office Of the Assistant
Treasurer were Receipts for Customs tis2,O0O; F;
for Gold Notes Sos OOO total Receipts, $l24 los Ss
total Payments 1886 ss7 s6 Balance, $lO 256 647 81
Attention is called to the financial card of the
| South Side NOng Islandl Road laH
| The grading on the Muscstne, Upton, and Ana
mosa Railroad has just been completed from Musca-
| tine Iowa, to its junction with tho Chicago and
| North Western.
Gen. Burnside obligat himself to commence on
| the Cairo and Vincennes Railroad, in Cairo on or
before the 25th day of May next, and TO put in
operation the whole line within the period of three
| years from the 96th day of November. 1861
1 A railroad has been projected from Toledo, via
| Massilon and Philadelphia. TO Wheeling. 1t is
contemplated to make connection at Wheeling with
! the Baltimore and Ohio Railroad. The route would
certainly be the most direct between Toledo and
Baltimore II is said that the road will be finished
during this year from the former city TO Massilon,
about 60 miles of the distance being already graded
! The Philadelphia Bulletin says:
With considerably less area than Of the other
States and with large portion OF that area mountain
ous Pennsyv has much greater extent OF railroads
than any other There In the state finished nearly
/ 40 l62S miles, the cost Of which has been about
! Slls 10000. A few years ago NewYoIk and Ohr esct
had greater length OF railroads than Pennsylvania, ard
II was predicted that Illinois would also soon exceed her
Ilut they have all dstanced only IN extent but
in cost Oretweh of all the railroad lines in the United
states Is now in the state Of Pennsylvania and about
eighth Of all the money spent In building railroads In the
country has spent IN Pennsylvania. ....f...,
The Pennsylvania Railroad reports the following
condensed statement of its earnings and expenses