The New York herald., 1876-01-18
MINING srocEs.
The following are official mining quotations
MEMORANDA

The stock transactions to-day were larger in volume
than they have been for many months
Rumor hath it that the difficulties between Panama
and Pacific Mail been satisfactorily adjusted
yet the arrangements for placing steamers in com
petition said 10 be actively progressing.
The sum Of $4,000 coin shipped East from Sar
Francisco to-day.
The increase OF earnings in the Ohio and Mississippi
for the first week IN January the main line
| Springfield division is reported to be $76,622 Tho
auditor ofthe company, basng his estimates present
freight rates, states opinion that the gross
ngs OF 1876 will show of nearly 81 600 OOo
The innationsts to-day received heavy blow in the
House OF Representatives On Mr.. Holman's (of In
dana) motion TO suspend the rules and pass resou
ton favorng the repeal of the Resumption bill Of last
session. the vote stood 1l2 yeas TO 15S nays.
Senator West, OF Louisiana, to-day introduced bill
providing that hereafter all the surplus earnings of the
subsidized Pacific railroads shall be applied to the pay
OF the government for the interest and principal
OF the bonds advanced to these specific roads Also a
bill 10 from the Central and Union Pacific com
panies the bonds and coupons alleged TO have been
issued 10 them in ofthe limitations of the law
MILWAUKEE,
The following important circular, addressed to the
Farmers Loan and Trust Company and to the Stock
Exchange has been distributed among the banks and
terest to all investors
AS am advised by the testimony now being taken
in the hereinafter mentioned that corporation
styling itself the Chicago, Milwaukee and ST. Paul
market $35 900 OF bonds described the Chicago
Milwaukee and ST Paul Railway Company first mort
gage consolidated sinking fund bond TO be secured by
deed ofrus or mortgage executed the Farmers Loan
and Trust Company what II claims to be its line
or lines OF railroad, and which mortgage or deed OF
trust includes the property and franchise of the La
| Crosse and Milwaukee Railroad Company, extending
from La Crosse to Milwaukee, distance OF about 200
miles, being the original body corporate from the
charter and franchise OF which all there is OF the
existence and franchise OF the called Chicago
| Milwaukee and ST. Paul Railroad Company so issuing
said S35 600 600 OF bonds is derived If any has and
which mortgage deed OF trust so executed to the
said Farmers Loan and Trust Company as aforesaid.
trustee and the said $35 000 600 Of bonds intended
| to be secured thereby have by the said company
intending to ISSUE the same been presented TO the New
York stock Exchange for sale in the open market by
the approval OF its Executive Committee or Committee
on Stock List, and are now offered for sale by and
through the same.
Now therefore In view of the foregoing facts, this
general notice is given:-Tbat the said La Crosse and
Milwaukee Railroad, its property and franchise is not
and never was held owned in fee simple by the So
J called Chicago, Milwaukee ana ST. Paul Railway Com
pany, but and is only held by said company
mortgages In possession, subject to the rights and
equity OF redemption Of the third mortgage bondhold
under deeds OF trust executed by the said La Crosse
and Milwaukee Railroad Company, to William Barnes
trustee the 2lst OF June and the llth OF August
1855 to 81 600 900 OF bonds, of which about
600 with the accumulated interest thereon since
June 1855 are still outstanding unpaid and legal lien
on said La Crosse and Milwaukee Railroad
Suits for the enforcement of said third mortgage
bonds now pending against the so-called Mil
waukee and ST. Paul Railway Company, the Circuit
Court OF United States for the Southern district Of
New York, and which suits being prosecuted for
redemption of the whole OF the La Crosse and Mwau-
kee Railroad and will be continued 70 be prosecuted by
all lawful means for the possession OF said 200 miles OF
railroad and the releasing Of tho same from the unlaw
fu control and possession OF the so-caed Chicago,
Milwaukee and St Paul Railway Company, and for such
other and further remedy and relief as may be lawful
and proper and all persons selling buying aiding
in selling buying said S35 000 900 OF bonds and
! especially the said Farmers Loan and Trust Company
and the New York Stock Exchange, hereby notified
Of the rights facts and proceedings named in tnesC
! premises.