New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-06-21

The auantities received by water for the Same
time ARE omitted from the 70 going table because
the canals opened April 90 in 1850, and only May
lain lss1-a fact that accounts for the large IN
crease bv all the railroads in May this year over
,be ousnity received by them in MAY. 1850. The
table However. is instructive. Erie, in MaylSNl de-
Gvered more grain than all the other railroads or
an increase on its deliveries for May. $50 OF
1912 6O7 bushels nearly go per cent while Cen
tral and Hudson declined 52.79i bushels; and
PENNSYLVANIA with al increase OF "'i'ONO
bushels. shows n gain OF about go per
cent. For the three months, March, AW|
and May. Central and Hudson shows
decline Of 2,G3jl1 bushels; Erie gam OF
2s4I2jl bushels. and Pennsylvania gam %:
ISL .G5l bushels. Bu; what has Erc's gain proft"l
i.i We have no later financial report for thc Lie
than for The month Of April. when il delivered in
New-York al. GIL bushels more Of grim tirJn II
did in that month of 1850. The statement f'I tAr
month of April shows gross earnings W .rca,cd
Sc. 500 operating expenses increased $l1l-Gl :;
lcavins decrease in net earnings OF SN~,'l5. u
statement fol the two months-March AMI April
that are includrd in the foregoing table OF
delivc-ic, Of grain nj Ncw-lork. howcv's. more
Mainly tells the story. The gross c3ia.u--.
oper.tins expenses and net earning, OF th' Nrv-
York Lake Eric and Western Railroad ioi the
months of March and April compare as follows:
Marh t. Apn 80 1850 ,oo .ol-377l.,o I'm, ,o.so,o
eIn',fs . ii1515j I1,,s,3 D-c. l-,-o1
In the last two weeks the presidents Of tic trunk
lines have met in convention three days. The OBJ
beet OF The meetings has been yelled ia mystery be-
eanse the official report OF the ir,t meeting the
effect that IT was nothing more than family meet
ing and that the question of rates freight or pas
sencers was only incidentally referred to. That
statement is an absolute truth, but the oiicil in
formation was incorrect in an essential par
tcular in stating that the meeting adjourned with
out dav when in fact II adjourned TO moot ON
The following last Thursday. In accordance VITA
that adjournment the convention r"ass-Inblod last
THURSDAY morning and sat through Thursday and
Friday On the last day the president Of the Central
and Hudson was present only 10y proxy fact that
NAV or may not be significant. Oiicially-ENcry-
thing is harmonious and matters 50 arranged that
no more time contracts for freight can De
made. FaCts-Time contracts have been made.
running three months more. which arc TO be-
executed without fault-fndlng The point upon
which the uch-yarnted harmony of the prrsi-
dents in fact does exist is the appreciation that
there are TOO many competing lines projected and in
process Of construction 10 permit the present or
ganizaiion 10 dictate terms How the completion Of
the projected additional East and West lines. be-
tween the Atlantic seabOard and the lakes and the
Mississippi River is 10 be prevented is the question
which is ngitating the trunk line presdcufs.
Today's stock market was weak from tie open
ing 10 the end except for few spccialtics. Tire
dealings in Western Union were noticeable because
they amounted TO more than those in any other one
stock. and because Of the decision of Judge Trlax
in dismissng the Williams suit against the COM
pany The price 1uctuated between 1853. and
aHfss. L..
the old stock. and the stock OK certificates declined
from 81 10 023, a 92ae The general market closed
weak and unsettled.
The reported transactions in Government bonds nj
the Board amounted only 10 S34, 600 But there was
aprvatc sale Of S279OO0 extended o. AT l02 ll-1G.
Prices are steady at the following unchanged quota