New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-08-07

a, breadstuh for large portion Of their earnings The
transactions in st. Paul. western Rock Island and
Michigan Southern show large increase The earnings
Of the Michigan Southern COnsoldated) Roads show an
Increase st Of January Of about 100000 over
hast year The present activity this stock is based up
ON Of large holders that dividends Of l00
70 per cent can be earned under the consolidation
large saving expenses viii be made. Milwaukee and
st. Paul shares In active demand and holders Of
both stocks are confident Of permanent resumption OF
cash dividends this year.
The coal unnage Of the Reading Railroad for the week
ending August amounted 20 10000 tuus,
An article in an evening paper having raised the cues
en as TO the amount Of bonds issued by the Pacific hale
roads we woald state that there no truth whatever
that any overssue has been made The Central Pacific
Road have yet hand large amount Of bonds ana no
over issue any has been made by the Union Pa
eAo Company.
BY an advertisement in another column 1t VIII be see
that proposals win be received by the Cleveland Col
bus and indianapolis Railway Company on thd 10th
inst from the holders Of the bonds Of the Beontaine
and Indiana Railroad Company and the Indianapolis
Pittsburgh and Cleveland Railroad Con. aany maturing
in 1870 for the that Company Oh an any portion
Of sala bonds Proposals may be seEt to the United
States Trust Company, No 40 WaASs NeW-Nork' or to
the Secretary Of the Company
The excitement Albany regard to the Susquehanna
Railroad stn continues. complaint made today
against Messrs Leonard, Herrck, North and Wilbur D
rectors aud Mr. Phelps, Treasurer, charging them with
conspiracy to place the road in the control OF Jay Gould
and his friends, managing the Erie Railway and
thus defraud the Company out Of its property 1t also
denies all charges against President Ramsey. Judge
Cute issued an order enoinng the above parties from
acting as Directors VIcePresden and Treasurer This
reduced the Board to less than Quorum and, though
they met, they we're obliged to adjourn sine die.
The following are the Customs receipts from July % TO
the 3lst inclusive, at the ports named; Boston, S9l
New-York, s2ss0OOO; Philadelphia, s16269o; Baltimore
S6272O; Newoeans July 10 to a. t99S2s; San Francis
co, s429, $50 Total, $3,773659.
The forthcoming report Of the Western Union Tele
graph Company the operations OF that Company
for three years and very voumous. We give the fol-
lowing Items Of interest TO the stockholders and the
public The report brought mp TO July !, 1859. The
capital stock stated at SO63lOO 'of this amount
the Company 100000, leaving stock, upon which
dividends have 10 be paid, TO the amount Of $406ll00
The bonded debt Of the Company amounts to $6341OO
To provide for its payment the Company established on
the Let OF May, 1867 sinking fund OF $4,000 per MONTH
and the amount TO the credit Of the sinking fund is
S52l go At the annual meeting authority given to
purchase any competing lines that may be desirable to
absorb, but further issue Of bonds stock will be
made unless 1t has the assent Of twO-third of
tie directors, and is ratified by majority OF
the stockholders, who in future TO vote
upon any Of capital The lines Of the Company
extend from Plaster Cove, Cane Breton, 70 Inda
ola Texas on the Agntie coast, Rnd los Angeles to the
KShyOX Fisheries 800 miles north Of New-Westminster.
briush Columbia, on the Pacihc. ihey occupy every
Ind with the lines in these they have exclusive connec
lions. During the last four years the construction and
reconstruction of lines has amounted TO over 80 per cent
OF the whole length Of line owned by the Company New
line built poles and wires 1868 miles; new wire erected,
1877 miles: line reconstructed, 1850 miles. The
extensive lines formerly built from Omaha 70 SAT-
Lake, by way Of Fort Laramie, along the north
cru branch the River from Fort Jefferson, and
along southern branch TO Denver, have all been re-
moved and permanent structures have been built along
the Of the Union Pacific Railroad TO take their
place From San Francisco, also, TO EXC, IN Nevada
nav a
between EkO and PrOmOntOry Point where the Central
and Union Pacific roads unite, 10 complete the con-
srucIiun Of this line along the entire route.
A number OF lines hnt originally for local service,
been reconstructed TO main lines in con-
Meeting large cities and distant places During the past
year "a vast amount OF work OF the most compensatng
character has been done In close and rigid inspection OF
the machinery aud conductors Of the line the restoration
and Improvement Of nsulatOrs the painting OF arms the
cutting ont aad soldering of wire joints, by when he
business OF transmission has been greatly facilitated and
Ouickened and the capacity Of the wires enlarged The
following is the property Of the Company July J. 1862 cX
q Il.r ~ rnal and afnnk InIeresta.