New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-10-10
FOREIGN NEWS.
ACCOUNTS OF THE ERIE RAILWAY COM


PANY.
REPORT OF THE ENGLISH ACCOUNTANTS READ IN
rHH LONDON STOCK ExCHANGE-THE DIvI-
pENDs ON THE PREFERRED STOCK FAIRLY
EARNED.
The report made by the London accountants OF
their investigation into the affairs of the Erie Rail-
vay COMPANY which was read to-day in the Stock
Exchange, says that in three years ending Septem-
her, 1873 the profits of the road were $lOOS775 IN
stead of S5352,673, as stated in the COmpanys
accounts This amount is subject to further de-
duction in respect to various items charged 10
capital or not yet admitted. The report shows
loss on the working of the Atlantic and Great west
ern Railroad up to Sept. 80. 1871 and states that
$3240167 were paid by the Erie Company as divl-
dends in the years 1871, 1872. and 1873. The ac-
countants consider that under the circumstances
the dividends on the preferred stock were fairly
earned The report says that but for the deficit OF
$4s6444 shown by the corrected profit and loss &C
count as existing Sept 80 1871, $270000 would have
been available subject to the adjustment of outside
matters for a dividend on the common stock, after
the payment of four dividends preferred stock
for the two years ending June 3d. 1873 The account
ants anticipate that the value of the recOveres from
jay Gould will fall very far short of their nominal
amount An abstract of the statement of assets and
liabilities Of the Company up to Sept 3d. 1872 shows
265 979 An authoritative examination and deter
mination of many questions of law and fact affect
ing the nature of multifarous liabilities and assets
must be accomplished before a complete calculation
of the present financial position of the Company can
be arrived at. The accountants express themselves
highly satisfied with the facilities afforded them for
the prosecution of their investigation in New-York
The report covers the period from Sept 80, 1871 to
March 81 1874.
There are many important appendices to the re-
port which were not read, and which will not be
published until the issue of Capt Tylers report,
which they Will accompany.
THE ARREST OF COUNT Won ARNIM.
NO CONNECTION WITH PoLITICS-MORE ABOUT THE
CHARACTER OF THE DOCUMENTS TAKEN BY Won
ARNIM.
BERLIN Friday. Oct. Q, 1874.
The National Zeitang declares that the Won Arnim
arrest is not connected with politics. but is simply
criminal procedure with which neither the Foreign
Office nor the Chancellor were concerned. The
National Ztung also says copies in exis tence OF
all the documents that required.
WASHINGTON, Oct. 9-According to information
from diplomatic sources here in regard to the arrest
of Count Won Amin, FRINGE Bismarck has been very
lenient with that Ambassador for long time, and
only proceeded against him through the tribunal of
justice when all other means had failed to secure
the records taken from the Embassy at Paris These
papers were in the nature of confidential dispatches
to Won Arnim but they belonged to the archives OF
his Office. They 81 in number, and consists
largely of dispatches from Bismarck, insisting that
Won Arnim should carry out the policy prescribed by
his Government, instead of Won Arnlm's own views,
which the Ambassador seemed determined to en-
force.