New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-07-07
The following shows the result OF today ouS'ii''
a. s,.l,. Treasury in this city;

go 80 1,s[,irts " S6U2I IS.
The CITY Of Chicago is paying interest on It's oi' ueo'
Sr cold The State Of Ohio, on her ola oeu'''' p"'s
st I'm currency and Of the holders OF her STOCK
y wing interest under protest. ONO ought net 10
- \, aeiance the decision Of the supreme ol vi
49, states if She expects 10 have her own laws Gpye1
ny j sir.nco between the estimated earnings OF
she EorE Island Railroad and the aciusi talnSs w.
.es from tlis that ia the receipts when ne an
celp'S are ,.6e mn there is included interest on
re-. p~,mium on stock sold, rents, malis' Al,,
soe = les tbe difference between the estimated
WHY" it,Si@ Trcgiuts ms the items from the above
I'm arc not carried into the monthly estimates The
i,s FOR the wear ending March 81, 1870, were >os93
r. ~ T6e operatipg EXPENSES were 5i6i per cent 10
80 earnings and including legal expenses ana taxes
fsplr cent The Company has 5526i9 acres 0i aHd 10
Si;i mo tte /. clear from ANY difficulty The Com
fanv has sold unto April 1870, about lGOO acres OF anu
bT J|,goS,isi of june IS says The continued How OF
cod In the BANK OF England and France exercises sun
The chief influence upon the Naut OF lhoHeg' 1HC
f"ta bcld by the Bank Of England has recovered to the
rec Of the Bank of France the increase ls Week Vi
1850 900 mas brought the total up TO NEUTRALITY-SUSPICIOUS.
Inc Economist saws Of the state Of the Corn Trade,
whatever may be the real prospect OF the wheat harvest
In France = there appears 10 be but little doubt
that stocks the continent are light and that ne
EpriDg corn crops generally have surISu rom uGns
NE recent upward movement in values here was, mere
Fore amply Justihahle as pIecaut measure i,
being drained of the rather limited supplies OF oreadS'S
The earnings Of the Milwaukee and ST. Paul Railway
no. s2y go 1909. 2i6 Il5 Increase s22o6i
is76.'. $75575z 1869 e7e so Increase a76elt
The Illinois Central Railroad will pay the usual semi
We coupons due July 15 on the First Mortgage Bonds
Of the Central Railroad Company OF Iowa. VIII ~ pala at
Tle Giobe Fire Insurance Company will pay semi
o,r,,I dyidend of per cent, free Of tax demand
The New-York Equitable Insurance company VIII pay pay
Samuel Brannan has commenced suit in San Francisco
against Leland stanford, and other directors ana OH
OF the Central Pacific Railroad ana OF DINER
bud s complaint alleges that ne sa.cDea ana ana P po
for 900 shares OF Central Pacnc ialroau SOeb anu nov
owns them; that the defendants subscriber IOr' ana
agreed pay for shares but thatthe Sad stock was
sued 10 them without considerations MAJ Hg
Serlv as Directors of the Central Pacnc Road issued
20 themselves and others large amounts OF me stock Oh
said corporation without valuable consldeiauoh anu me
said directors managed the affairs Of the company Tor
their individual benefit to the dermeDt OF other stock
holders The plaintiff estimates the various sunsle5 VI
the company at over Sl55,OOOO0O, and charges that
DnlY part Of the same ha, been legltlmaely 5N
9ended, and that the directors nave WlOhsIuy
converted the remainder TO their own use. lie
charges that a contract company was organized
under the name OF CrOckcr Co, through Whth
the directors let contracts to themselves IN some
instances at 200 per cent above the value OF me WORK
done the aggregate profits OF which 10 the
IS$.GQOOO The plaintiff claims that the profits OF the
Central Pacific Railroad Company should be DIVIDED pro
rata among the stockholders lie give isl9I! Oh lle
connection Of Wells, Fargo Co. with the road, whereby
fOr consideration OF an exclusive cOniidct ioT carr
A Co was watered and Sl,5OOOOO Ut the watered
crock delivered the directors of the Railroad Company
He AYERS that the central Paelnc company mas %
chased the property and assets OF the western ana t
Southern Pacific the san Jose, the Aemeda and Oakland
Railroads, and the Alenedt ana OahaHu btlrles, anu
ASKS mat receivers be appointed pending TINS SUI ana
that the defendants be restrained from dsI0sng 81 the
property OF the Company. The Hon Benz. /. Butler Is
one o the defendants President Stanford Of the Cen
sr Pacific Railroad, IN lhs answer to the athdayt OF Mr.
Bduuau, states that each and all of the allegations
ahcrcu contained are false malicious, and without tOun-
dalton intact lie furthersays that the suit no,
IN good Iuth but for the purpose OF eXt0rtng money
from the Company and grows out Of an old standing en-
ity AGAINST the railroad 10 which BIaunan attributes
Very heavy losses sustained by inland Express Com
pauv OF which he was part Mr.. Stamford con
udcd as follows: .
Of The officers and management, Of the Central Pacific Raj
an hasma the Company have hereto
will Prove exception 70 the rule"