Newspaper of The New York Herald, February 13, 1867, Page 5

Newspaper of The New York Herald dated February 13, 1867 Page 5
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TO RAILWAYS OF TO METROPOLIS. Their Becret HImwt K?v?al?4-Tk?tr Com, f heir BoMoom and their Prokoklo toiorc The Mllllou Pocketed by the Railroad King-Why the Hallroade are Not Remauer atlre to the Wtoehholdero. Re. At length, of tor a fortnight of railway blockade. Aqua rlua has opened to public trarel thaee porta of railway liaae which ware hopeleaaly boriod by the recent severe aaew Mora, and the Seventh avenue branch of the Broadway and Seventh avenue line, the Fourteenth etreet and other oiuaa town can are running aa regularly aa the whims of their managers will permit. And now that the cars have resumed, the easily pacified public may bs eipected soon to forget the annoyance to which they have been subjected by tbe railway kings, who, in. stead of keepiag their vebioiee moving throughout the night of the great storm, suffered their tracks to be snowed under?forget, as they forgot the stupendous theft of the extra penny. And the public's representa tives et Albany, to whom several petitions for new street railways have alrtedy been sent, may presume upon the forgetiulness of their masters, end give us before tbe close of tbe session another batch of railway monopo lies. They will snrely do so if ths "third House'' man wuvres as adroitly as it did fn I860?tbe year in which the majority of the city railroads were chartered. Let us look back to tbe session of 1860. The railway operators had stocked their cards for the passage of about thirty city railway graata The majority of the charters bad been carried through the Assembly without serious opposition, and were bargained through the Senate, the understanding being that Governor Morgan would interpose bis veto merely as a matter of form. It was hinted that the Governor was not wholly hostile to the building of the proposed railways, and it was known that be desired to throw the onus of granting charters upon tbe shoulders of his political opponents; therefore he vetoed the several city railway bills,^with the excep tion of tbe bill conflrming tbe action of the New York Common Council, giving iho Ninth Avenue Railroad Company a charter to run cars from Spuyteu Duyvll creek to the Battery; and this ho slgnod. As had been anticipated, tbe Assembly passed the bills over tbe Governor's head; bnt those ol our citizens who opposed the giving away of our streets had hopes of the Senate until the bills reached that body. On that day, after tbe reading of tbe minutes, Colonel Bliss, now of the Metropolitan Board or Health, but then Governor Morgan's private secretary, appeared at tbe neat of republican Senator Prosser, and invited that gen tleman to hasten to bis Excellency's chamber. No sooner had republican Senator Prosser departed tb an democratic Senator Frank B. Spinola called up tbe rail road bills from the Assembly and moved their reference to the First Committee of the Whole; and tbe motion prevailed, 8enator Prober's absence gtving the demo cracy a majority. This done, tbe Hon. Frank moved that the committee go into session, and the motion was carried by the same majority. Frank then put tbe bills through their several stages, and within a brief half hour they had been duly enacted. The railway bills hav ing been passed Senator Prosser returned irom bis Inter view with the Governor, reaching the Senate Chamber Just in season to second the movements of his bosom friend Sptnols, who bad at that moment sprung upon the Senate a bill providing for the enlargement of tbe locks of tbe State canals?a job which was supposed to bo worth a cool million or so to somebody. Of course Sena tor Prosser, who had ail along urged bis Lock Enlarge ment bill upon tbe Senate, did not vote against its pas ?age. But, alas for human constancy! the honorable Spinola, having push cd the measure through the Senate, ???*???<1 with it to tbe Assembly, and there man mure rod Be defeat If ho bargained with any Interested person Io cmtv the lock enlargement in the Senate, he cer !"?!?._PJ, h,s wo"?; Md ir anybody contrived to let the city railway bills pass in consideration of tbe passage of any other bill, possibly that person gained wisdom from experience. Tbe most gigantic of these railroad schemes was that of the BKOADWAT AND BKVKNTH AVENUB, and the incorporators were John Kerr. Edward P. Oowles, Anthony J. Hill, Hugh Smith, John 8. Hunt. Jaohb Sharp, TMnnaa H. Tower, Peter B. Sweeney, John B. Baboock, Robert Marshall, John Kelly and Jaoob Hays. These gentlemen, nearly all of whom had flawed conspicuously la other city railways, and who bad learned better than to get a charter for any small sum Of money, were authorised to sell stock to the amount of $2,100,000. and they pretended in commencing opera tions, oo the 25th of July, 1863, to have a paid np capital ot $2,100,009. If, however, their eotuei cash capital was $2,100,000 in 1863, the query naturally occurs, how does it happen that with $16,406 in excess of the run ning expenses In 1864, en excess of $108,082 over the expenditures in I860, and $268,445 excess of reoeipta in 1966, the rood should already have rolled np tbe pro digtoua debt of $1,500,000? Can Messrs. Murphy, 8mitb, John J. Bradley. Peter B. Sweeney or any other stockholder of the old Consolidated Stage Company, make a satisfactory reply? Tbe Consoli dated Stage Company was supposed to have been dam aged to tbe extent of $335,000 by the opening of the Broadway and Seventh Aveuuo Railroad; and therefore to that company tbe railroad gave ooe-twelftb of tbe entire -railway stock, estimating the value of that twelfth at $35,000. Then, prior to tbe completion of the road, tbe stage line proprietors were assessed $40,000, making their apparent investment $75,000, for which they were given in return a certificate of one-twelfth of the railway compauy's stock and $108,000 of its bonds. The $40,000assessment was for the building and equlpning ol the road, and If tbis sum r'presented the cost of s twelfth, the figures would indicate $480,000 as the actual cost of the line, ir tbe incumbent directors were to assert that since tbe opening of tbe road they bave erected spacious stables and added exten sively to their rolling stock, ibe poor stockholders might point to tbe Third Avenue road, with Its eight miles of double track and its depot extending from Third to Second avenue, Its valuable lands In Harlem, and lis 170 cars and 1,500 horses, and atk whether, if all these cost ?nly $2,406,600, the Seventh avenue, with four m les of double track, a single depot, not 200 feet square, 08 cars aad 764 horses, ought to have cost anvlbtng like $3,600,000 To do the gentlemen exact Justice, it must be added that their President frankly admits that the total cost of the road and equipment was but $402,826. And yet, in tbo company's first annual report to the State Engineer, the cost of road and equipment was pot down at $2,048,168. These arc curious figures. But what Is even more curious Is tba fact that tbe stock on get semi annual dividends of five per cent, while the bonds of the road, whichsure a first mortgage on the en tire property, are s drug In the market at eighty-five cents on s dollar. A retired stockholder volunteers some farther Infor mation concerning this remarkable road, rhe gentle man says that the concern is mainly owned and wholly controlled by * tbe ring." whose names so frequently appear in connection with the city railways; that the stock bed been watered throughout and Is not iutrln sicalty worth the paper on which It Is printed; that tbe directom are managing the road with a view to getting tbe entire stock for the bonds; that an enormous num ber of ehares were given to gef the charier through the legislature; that two well known citizens are sup posed to have realized at least $500,000 each, and two ?there not less than $400,000 each out of the road; that the stock which wss token by the original stock holders dM not east them a dollar bevond the $90,000 which they raised for the purchase of the railway Iron; that in the early history of the rood George Law aad John Kerr fought each other bitterly for the control of tbe corporation: that a new Board of Directors was chosen every montn for a time, bnt that Tburlow Weed's Immense interest decided the contest la favor of Mr. Kerr, and that since that time the road has been managed by John Kerr, Tburlow Weed, Jacob Sharp. Hugh Smith, Sheridan e-book, Wll Lam H. Webb and John T. Conovsr. The eit authorizing tbe construction of tbe hastens sTunrr and rri.Tow nwnv rati.road, Uke others which were enacted on the 17th of Apr.l, I860, was passed over Governor Morgan's veto and the incorporators were Mephen R Roe, John Me wart. Char Ire W. Lawrence, John Kennedy, Junto* 8. Hunt, Charles C. Clarke, John Fox, William Ravensteyn, William H. l'eck, John C. rhomiwon, Thouiae Kvan and Joseph 8. Craig. These gentlemen were supposed to be the real stock holders; but sariy In the rosd's history Francis R Hptnola turned up as an ownnr, and became Super intendent. After the pa-wage of tbe enabling act tbe twelve original stock nouiers were rukcsetd $306,000 for the laying or the rails and stocking of the road; and. suheequct.tly, the road liar. been bond d for $"00,000, eaoli sharrliob.er, It ia alleged, became the recipient, either In bob a or In money realised by the Hie of boudR. o( every dollar which he had paid on bis assessm-tH, ami thus Ms stock cost him lllcraily li >(b ng. This corporation bought off the old Fulton strr'l Stage Company, paying $100,000. The length of this r id is Tour miles siiu ? half, its char tered capital was $V" 0,000; the directors report the total paid np capital si $'.Mk>.000, the total co*t of the rutd and equipments ** $'.8 '8 785 and the toiai floating and funded debt at $704.u0f). When it is remarked that Ibis corporation has only tour mile* and a bail of road, forty nine care, 300 horse* nad not $1,000 worth of real retoto, the realtor may naturally Inquire how It h*ppcued to cret $1,608,766, and why It owes $704,000. An ex. stockholder replies that the corporator* paid a stu pendous price for log-rolling st Auxiur and bave etnee expended ail their aurpbt* capital and run the rood In debt, In po. tug dividends and striving to elevate s slot< which bee few buyers st sixty cents on the dollar. Bui in seeming denial of ths ex-stockholder's sweeping allegations we have the treasurer's report for 1866, showing that the receipt! were $281,424, while the expense were hut $177,834, and oat ef a -urplu* faad from 1866 the com pany's track was extended Irom C'anal street to the Bowery, end tbenee through the New Bowery eud Pearl street to Peck alp?thus showing that the slock ought to have a real value fwneever much It may liave been watered. The Pearl street extension Is to be open lor public travel this month. It is related of General Spinola that at the opening of ths rood, lu 1865, lie as pired to the sole control, and that at a closely contested ?ad exciting election bo created no little merriment by reminding his fallow shareholders thai "a country town was still to lie heard Jron$" meaning that Tliarlovr weed s rote was yet wanting. Bnt when Thmfow ap peared II liecame manifest that b? had lieen "aeon'* by ll25i ' for c*"t his enure stock for Kerr, and the I fwnit WW that John T. Conover was made President and superintendent of the road, and lenerai Francis R was mmtlhoinef the sspermtendensv sod wholly left out In 4hs oeld. bines that time General SmaoU has exchanged S^a?*?Mt i?, j-2?? S7?f3^L'S too, Thurlow fMd botWMji 600 m1?M Hugh au.ih about 400 and WUliaxn H. W6bb about 100. Th. corporator* Jf"NwU ?????* River Railway ware:?Charles Jf'. H ?2; Th??JStB ?? Moniagnie, William K g^arOSae & Lrach. Jraer Tl BluyUr John jLCooke Jams* C. Kennedy, TbomaaiC, Durant RanuZn F Bruoe, Edward K. Phelps and JStt 1*' Brown. Here we find only four numbers of the railroad ring. The chartered capital ^ gTsoOOoa The tout paid-in capital at the close of th? last year was ?97O,000, and the total floating and funded dibt was $681,308. Compared with the flVnrea of tho roads which are noticed aboee three are 1 mined modest and seemingly honest: for the Belt mad rt e^renmUw in length,"*. 13d cam and about 1,000 boraee. and owns vsluable real estate. But when we compare the cost of this eleven-mile road, which did not bur the land on which Its tmrlt Is stretched, with that of ihe thirteen-mile eteam road on Staten Island, the aspect of things on the Belt is changed. The Staten Wand mad bought the land from Olftton to New Dorn and run* looomotive engines on its rails, and vet only cost $340,000. Nothing w?g expended In get ting Its charter through the 1-egislautre. The receipts or the Central Park, North and East River Railroad last year were $566,008: expenditures, $427,165. A prominent railroad official says that he would not gtve the company one-half the cost or their rails for the whole concern, and another railway officer alleges that the Bell Company's accounts have beet ar ranged to deceive the Innocent public; that all the esti mates for horses, cars, tools and other persbablo stock have improperly been charged to the construction account, while other remaining expenses have been Jotted down at the lowest conceivable figure, to enable the directors to exhibit a considerable excess on the right side of the cash book. John Butler, Jr , Thurlow Weed, Charles G. Cornell, David Dows and Francis Sklddy control the road. It Is alleged that a Long Island Senator, when the corjiorators were in pursuit of a char ter, proflted to the extent of $260,000. The company's ?lock, which is said to have cost the original holders precisely nothing, has been sold at 160, but may bo pur chased to any required amount at 80. tub m*th ivnvt railroad is a kind of tender to the Ftghth, aud is alleged to be run to freeze out the stockholders. Its charter was granted by the New York Common Council, and the franchise was conllrmed by the Legislature and Gov ernor on the 14th of April, I860, the corporators being William Radford, James Murphy, and Minor C. tor.v. Its officers wero authorized to run their cars from Spuy ten Duyvil creek to the Battery, and it was understood when this company's charter was legalized that " car ried also the extension of College plaoe, through Vesey aud Fulton streets to Greenwich?a speculation in which many thousands of dollars changed hauda. From twenty five to Ufty per cent of the capital ztock may have been paid in money. The route is \ aluablo, but a cynical outsider, who owns largely in other railways, insist* that George '!?/} ring have stocked tb* cards to oust the small shareholders, and he believes that whenever they shall have bec.mo possessed of the bulk of the stock they will put two horse cars on the track* and run them oftener than half hourly. The capital, under the charter, is $800,000: length of n?d seven and a half miles; amount of capital paid In, ffWESB), total debt, $112,000; total receipt* last year, $72,276; expen ditures, $78,077. The total cost of the road and equip ment* Was reported at $445,295 at the time of Us sale to George Low, John Pettigrew, Congressman William Radfoad, Paul M. Spofford, C. A. Waterbury and others, who are its mismanage!*. The road is slowly accumu lating a debt, but tho amount of its outstanding bonds is inconsiderable, and tts annua) deficit is so small that there can be no danger of its stockholders being sold out to pay the bond holders, and when the price or feed shall have fallen the directors cannot by any ordinary leger demain contrive to sink money In rnnning the road; eo It may be said to be a desirable investment for any per son who can afford to wait as long as George Law can for his dividends; for within five yearn it must become a dividend ]?ylng road, and the sum on which ihe dis tribution of profits is to be mad* is not ?o large as te forbid the hope of ten per cent profit within the next five years. DRT DOCK, IAST BKOADW4T AJTD BATTKRT. The corporators of the Dry Dock, East Broadway and Battery Railroad, under an act which was passed on the 17th of April, I860, notwithstanding theobjectlons of the Governor, were:?John EL Develin, William A. Halt, i Cornelius Runkle, Bernard Smyth, Harry Clark, William j A. Herring, William I). Marvin. John V. Coon, William P Hue km aster, Georce L. Thomas, Willaro H. Hayes and James Murphy. We shall not attempt an enumeration oT the streets through which the tracks of this roadsre extended. Suffice it to say that It be* four dlst net routes, and la privileged to construct another. It, like the other road* which are noticed above, is in the bends of the railway ring, William Richardson owning 400 ?bare*, John Kerr 600, Thurlow Weed 900, and William H WeW B. B. Hotcbklse, John E. Develin, Peter B. Sweeny and John T. Couover, from 400 to 600 shares each. Mr. KerT, who appear* to have * po tential voice in tho management, say* that the recent experiment in getting *cro- Broadway at St. Paul'e church was made without the knowledge of the Common Council, and might have been suocessful if the road oould have employed a ?effi cient force lo properly relay the Broadway pavement in one night. To lay the curvilinenl track from Ann street round Into Fniton, and to lift It and replace the Broad way pavement, coat tho company $8.000?a sum which the dlrecioi* beUeve to have been well expended, inas much as the experiment taught them that there Is a limit of absurdity beyond which the New York city gov ernment will not got Unluckily for the ring, they did not anticipate the greatness of tna future which Ilea be fore this road, and before. they became atpcfcholaer* thousands ef it* eharee bad been taken by the pubue, and to-day, probably, tho stock l? more generally die triboted than that of any other road. The Navel la Im mense. The road is the almost sole outlet for the dense population of the great east side. The stock is but slightly watered, the co-t of the roed mM considering the length of its tracks, and the debt smaU, wnile the eompany's real estate and rolllog and other stock are valuable. 1'ORTT SECOND STRKf-T AND GRAVD STRUCT ***** RAIIAOAD. On the 17th ol April, I860, Governor Morgnn having vetoed the bill, tho legislature authorized John T. Coo over. Moses Ely, Truman Smith, Matthew T. Brennan, I hi f us' F. Andrews, Blooratteld Usher, J**"* ^h|ta, John M. Miller, Elijah B. Hoimes. Leonard W. Bralnard, Jr., Dekw DoWolf and Thomas Black to construct the Fortv-second Street and Grand Street Ferry RailroajL Here" U another almost exclusively Ring concern, Ita real oontrollers now being John Kerr, Jacob bbarp, Thirlew Weed A Ca The corporation tougbt off Nr. Thomas B. McClelland, proprietor of the old Red Bird line of stages, and gave him therefor n twelfth of the stock. The road ass built with money and bonds In about equal proportions, aud ho>ts of politicians are sup posed to have profiled by it. Mr. McClelland, who has drawn out, says that th* stock is so largely watered that ihe stockholders need never expoct dividends, although, curiously, a dividend of five per cent was mads in the hard railroad year; 1865. The residue of the story may best be ?old, in the Ring's own way, by the figure* of ibe appended report to the State Engineer and Sur veyor:? railway oags. In 1681. Thomas J. Harr, Edward B. Phelps. John Bai ler, Jr., Charles O. Cornell, Henry to Mhand other well xnowu railway operators, subscribed $300,000 aed paid in $300 toward the proposed $2,000,000 capital stock of the New York City Crora-Towu Haliroad; II te sot known that the trifling deficit of $1,999,700 wee ever paid In, and it may be presumed that It has not, jjnoe ibe ro*(1 has not bJon built. Messra. Gouverneur Morris, John H. Has kin, William Canldwell, and others, who paid In $650 toward the capital atock of $1,000,000 foe th* East and North River Road from Port Morris to Hpuyten DnyvH Creek, were more modest, rbey spent $6I> anlha Third House and secured therefor V^Mier which thev immediately throw into the waste basket, while Barr A Co. expended only $300 in " engineering, and M?f ? for n two million scheme wbiob tbey hoped might yield them a "Idion proflt. Th? inror noratora of the East and North River noaa sought and woo n charter, not because any such road oould be made pro til able, or because they intended to avail themselves of their franchise, but mere ybe came other enterprising capliallsU had in conleinplarion | a road which Messrs. Morris, Haskin * wished to head oft Having secured their *ba*t?r Ihey were content In being so situated m to hold K overthe heads of their r.vais as ? kind ?f. .b?'co?rarora Town road little Is known. Whether the who drew up a scheme so alluring ever 7 un wary real emale l.oMar in thwlr rolta. ??r wU^Oiwr, oelnosioly engineering for a r?llw*Jri operating in another direction. Is best gentlemen themselves. The Third Avenue .n d F ort ham is another of the moonshine >f *J*?? ?? many w- re pro|ect#d on paper In 1860-41-62. and Ita <wr I.orator', Messrs. Gouverneur Morns, Jssou Roger*, John B. H ask in, David M.dlken and $975 in "engineering and ; J,u' J they and their servants of the hibby engineere l themselves into anything lucrative the ouMe world doea not know. Concerning the Tenth Avenue and Grand Street Ferry Railroad, Mr. John Kerr. rt* treasurer. wrote the Bute Engineer andSurvsvor. in 1863, ae follows:?"Tho company neter rini. tlon of their contemplated road, nor expended any thing thereon; lon^equently IU corporate ex Is: once and powers long since ceased, and were abandoned. Tn company never Issued any stock, contracted any in debtedness nor acquired nny properly." Hut enough oi the-e iotwi fatui. When thoy first flashed out on me horizon of New York politics the railroad fever was at its highest point, und whenever, during the scralosior the I^egtsialnre, ? .-abator, an Assemblyman, a member of ihe third bonne or a newspaper reporter came down trom Albany, the common au'.jiaiion was," What n w r.lirosrt do vou own, and whsi la il worth . 11 baa been hinted llial raanv Assemblymen of tde Legislature oi I860 roail/.od loriunes from some source, and their neighbors have drawn their own Inferences. Till COLOMCS ()S TUS ITTT RAILWATn . . Tb* Brooklyn City Railway was orgnnlwl In 1864, *nd bad at the beginning a paid-up capital ol $1,090,000, toe full amount authorized by Its charter. Every dohar M believed to have been houostly pnid, and Ita total floating and fundad debt at the dose or the lest fiscal year?being the mere bagatelle of $170,600- le also believed to ha, e b>?n honestly created In extending ?nd Improving the road aud ita equlpmanta. The corporation la aeoospllda tion of four roads wht? h were chartered In 186$ hy the Brooklyn Common Council. Two of the roads had been required to e.irry j nssengers for four cents each; but tlicy had, after much hammering, induced the Common t'oon cki to repeal this restrictive clause of the charter oe their promise to sell twenty.flre tickets for a dollar. At the time of the ruueoildaiton It wae agreed that no oompsny should Iran-port passengers at nor less toll Mian was charged t>y the other roeda; and suddenly, m 1863, th* roads cea>c<1 to sell tickets, had been agreed with th* city roverement. Inquiry disclosed th* feet that the oompa ni?s had been to Allstny aud procured the passage of en net lege'tung the companies compact with eaeh other with reipeii to rnnning nt e uniform rate of far*. The Brookl .n City Railroad la, Ilk* the Union Ferry Com pany, or the Bncoklyn Gee Light company, n giant mo apply, gad the three ovrnorauoag. which are oonugMc* by the I'nlou Ferry nag. ore the triumviri of Brooklyn. The company's charter coven the seven principal streets and avenues of the city, and tracks are laid and operated thereon to the extent of thirty miles and t*??'7-?h? hundred tha. The corporation has 190 cara. about 1,600 hones, and extensive stables near the suburban termini of its several routes, and the total coat of this vast prop erty, at the close of lbs last fiscal ysar, was reported at $1,388,368, or $310,398 less than the reported cost or the rour-and a-half-nnle Fulton Ferry, Bleecker and Four teenth street line, $220,120 less than the reported cost of the eleven mile Belt road, end $711,681 less than the reported cost of the four nule Broadway and . eventh Avenue Railroad. The Brooklyn City R?'!"V"1 ? jecelIpU last year were $1,061,423, >U expenditures $??*.'?*? ? paid last year $127,$85 tu dividends after building the Powers street road out of tta profits, aad went out of the year with a surplus fund of $217,169. The tnanaKoment of the Brooklyn Heights coterie, who control this Inex haustible gold mine, is superb. They own, and have kept in the State Senate, two fUthtul *>tveats, whom we need not nana, but who are wall known tn thls part of the country, and are said to have been handsomely CUd by their employer* Since the opening of the rooklvn City, several railway schemesi have been set on foot with a vlow to slicing off a part of Its tremendous travel, but whenever the schemers have appeared at Albany the Brooklyn Ct y'a t^F ?rwnu have urbanely met them, wined and dined them, and when unable to sand than homa half teas over, they have adroitly smuggled Into their charters clause requiring the new company to obtain the consent of tbe property holders In the streets when ever they proposed to lay their tracks?a provision which of course, has always been fatal. Thus, last winter, these twoPenatore played battlcdoorsudshutUs cock with Demos Strong's Brooklyn City and Rldgewood Railroad and at the termination of the session poor Demae found himself possessor of a railwav charter which created more scute angled triangles in his pro posed route than can be found elsewhere in railway his torv and as a fitting cltmax tho Senators had inserted their favorite clause requiring the corporators, prior to the laying or a single rail, to get, tne a-sent of the property holders elong the entire tine or the xtg-zag route which they had concocted in the Senate. From a recent report it appears that Dumas A Co. had paid In $140,500, and run their road Into debt to the tune of $24,637 ; the length of the track which they bad actually laid at thai time having been precisely ninehundredth* of a mile. The chief shareholders of tho Brooklyn City Railroad are Cyrus P. Smith, Seymour L. Husted, Isaac Van And?n, Senators Ilorson and Henry C. Murphy and others The stock Is selltnx at 220. THIRII AVKNl'X RAII SOAP. This great railwav was opened for irevel In 1154?the time when capitalists tnvosted their surplus meaus In railroad enterprises with the idea of realizing fair profits from a legitimate business. Its entlro chartered capital of $1,170,000 was s.-ud to have lieen paid in money. Its earliest sharenoldors saw many blue days, and at one time its stock was sold at from sixteen to eighteen cents on the dollar. At this timo Thurlow Weed and W illium A. Darling, foreseeing the future or the rosd, became larec shareholders, and the latter, as every Hew Yorker knows, was subsequently made President and manager. Under Mr. Darling's Judicious management the quota tion of the stock at one time rose to 300; but the com pany soon thereafter built depots and added to Its per ishable stock, and thus piled up a debt of $400,000, which debt, at the dab- of the last report, had risen to $1,350,000. With the rapid increase of the floating ana funded debt, whispers concerning the watering or stock Were frequently and openly to be heard. It was once broadly charged?but we do not trace the charge to any responsible source?that $500,000 of the company's bonds had b^en given the stockholders, for nothing: the exooss or the officers being that the enhancement of the value of tholr real estate rendered such a transaction perfectly proper. It, b4wever. the stock ha.- been watered, the company can show, in Its eight miles of double track, lrom the Asior House to Harleui bridge, its 170 cars and 1,500 horses, its depot and stable?the largest on the continent?at S'xty-Ofth street, and in its oxtensive possessions near Harlem bridge, something approaching an equivalent for the $2,406,509 which the road and equipment are reported to have cost at the closs of the last fiscal year. The receipts last year were $1,237,870; expenditures, $887,751. William and Henry R. Remsen are the heaviest shareholders, and own from 1,090 to 1,600 shares each; a brother of these gentlemen owns shout 1,200 shares; Henry and Mitchell Hart, of Chatham street, own from 800 to 1 200 shares each; Wilson G. Hurt about 600, ThurlowlWeed about 300, and William A. Darling about 100. These gentlemen control the road. The company is strong, and Its stock is seldom seen In the market. The most considerable feeder cf the Third avenue is the harlot unman, mobrihaxia axi> rounHA* raimoad, a road which has four and three-fourth miles of double track nineteen cars and a suftlcient number of horses therefor, and $26,000 worth ot real estate, all of which com only $223,230. It Is said that not a dollar was paid to get the charter for this road through at Albany, Governor Seymour, no a personal tr end of the corpo rators, having peremptorily demanded of the Senate and Assembly the passage of the bill Under the charter the company may extend the track to West Farms, Hurt Morris, Westchester end New Rochelle, and further more, on* these spur roads the Legislature has fixed no limit to the tariff for either passengers or freight? a highly important point in tne company's tsvor. To compensate the public for eo valuable a franchise the corporation Is required, In con nection with the town authorities of Morrt-aniu, to pave, six feet each elde of tu track, the streeU through which 1U cere are run. But it may be added that while one of the chief owners or the rood is President of the Board of Supervisors or Mornsanta, and other atockholdera are officers of the town, we neod expect very little paving. The corporation's chartered capital is $800,000, and the amount of tho suhocrlbril stock Is $300 000; but the tout paid in capital is only $90,000, and the funded and floating debt is $120,600 The road haa no water in its stock, and, being weH and economically managed, yields a small margin of profit In .summer; but In winter, when H has to compete with the steam care of the Harlem, it fa run at a trifling loss. The direc.ore do not expect the road to 1*mm largely and permanently profitable until Its spurn shall have been extendod to West Farms and West chester, out of the roach of steam competition; bat in their estimates they ssy nothing of the probable Increase or population In the neighborhoods through which their tracks are laid sad may be extended. Wll liaw Cauldwell, Iloraoe P. Whitney andJohnHIIoakin own. In about equal proportions, one-half of the stock and bonds of this road, and William and Henry Remsen and Henry Hart, of the Third avenue, are the next largest shareholders; P. T. Barnom owns 200 shares; Abraham B. Tnppeo. President, 200; Wynkoop A Hil lenbeck, printers, and Henry B Kirk, wine merchant, from 200 to 300 shares each. Edward Usaclt. proprietor of the lato Union Stage Line, originally held one-rour teenth of the stook, but has told. Receipts Ust year, $70 522 expenditures for operating the road, $54,3^0. ' THK RllllITH ATE.MCK RAllROAh was bultt and for a long time controlled by Oliver Cbsr lick now President of the Long Island Railroad, and iU stock might have been quoted at 200; but R??rR? who soon acquired the controlling interest, bad reasons of his own for declining to declare dividends and a quar rel between I-aw and Charllck resulting, the latter with drew. selling bis stock at 140. Thereupon Mr. Law mado h s nei>he>* Ool May, Superintendent, and, engaging a number of' small MMttoMm to affix their autographs to bts papers as directors, he went to work In his own way, running hU cars whenever, however and at whst evor tariff ha* suited his sovereign J.Jfl* 2?* George has aspired to be the American Railway King, but lfis kingdom is inferior in area even to a German principality, being bounded by tbe Eighth and Nintb ave nues the battery and Manbattanvillc. The chartered "spiul of tbe roil IS $1,000,000, and lbs entire sum bas been paid up in money. The total cost of_ roadi and equipment* to date of lost report was reported to bo fffttOOkOTl. and the lunded and floating debt the trivial Miinof $160,000. Receipts ls*t year, $726,724; operating ORMMM $664616 The stock Is neither watered nor for-ale The publ.c have an Indistinct recollec.lon of an ordinance of tbe Uommon Council authorizing the construction of n horse railway from St. Hani* cMcfe to Harlem, the fare for the entire route to be five cents fer each adult passenger; but Law is understood to have employed T^ud* to MjolD bis road at H fry first street and Eighth avenue, and when he extended bis track to 126th extension a new road, and exacted a toll <cout" for any distance from Fifty-Bret street north*ant. It is not known that he over sought a charter for any road with termini at Fifty-first street and 125th street, and bit right to exact double fare from passengers who travel above Fifty first street Is not conoedcd oy those of tbe public who are pecuniarily Interested. The Eighth avenue rood commenced operations with a paid up capital of $800,000, and docs not pretend to have taken more than a million lrom Its s ockbolders pockets down to date; aad yet, after having never omitted a dividend since the ousting of Charllck, it acknowledges tlial its track and equipments cost nearly $1,400,000, thus showing thai, in addition to their "? "?J*?*JJ semi-annual dividends, thtsc of 'be shareholders who have held from the first must have been made the recipients of nearly $400,000 in distribution* or stock. Like facts exist eleewUere among our elty railways, ana tbey show us why it is thatcaplt shut* who li?vc recently purchased Insist that the railway companies cannot afford to comply with provisions or their respective charters and carry passengers lrom the Hell to street for five cents each. The Eighth Avenue Com pany's dividends have been as loHows:?la J?/ $104,000; In 1860, $120,000; in 1801. $96,000; in 1862, $96,000; In 1863, $96,000; In 1864, $108,000; in ihe hard railroad year, 1865, when the high price of leed swept away the dividends of all but the Third avenue. Forty-seoond street and Grand stre t lorry, and Brook lyn <ltr, tbe Eighth Avenue declared a dividend or $60,000. Last year it distributed $90,060. Tint SIXTH AVKJCVB RAILROAD was opened for travel in 1852, with a paid up capital of $760,000. This is the company's exhibit. The allega tion of gentlemen who pretend to have bad aa Interior

view Is that George Law and John I'nltlgrew offere I to build and stock tins rood for two-twelfths of the stock, and that their offer having been accented, ten of the corporator* became owners wltnont taking from their pockets a solitary dollar. The cost of construction ana equipment, down to tho clone of the last fiscal xear, waa reported by the company to have been $1,489,863. the total flouting and funded debt Is $180,000. Those shareholders who bought stock at par (estimating the aggregate stock at $756 000) have received ten and twelve per cent divi dend* annually?except in 1104, wben the dividend was ?IX per cent; in 1806, when the dividend was omitted, and last vear, when the company divided $87,500 and turned over $43,000 to its surplus fund?and they now owu a road which oust $1,489,663 07. Who says that the Sixth avenue company, or the Klgbtfa, or the Third, or the Brooklyn City bas or has had a shadow ef excuse for filching seven eighth* of a oent from each oue of its adult customers since the government imposed tbe tax of onmeightb of a oent for each passenger l I r capital lets will nay two hundred and flfty far stock whose pur vatae Is one hundred, most the public be the loser t It seems ?a Could the Sixth avenue road?If we may ask a ques tion which ta net propounded by tbe State Engineer?not afford to pay Its conductor* more than $2 a day and its driver* more tbsa $1 76 a day for fliwen woritltg hour*, If it were not leagued with roods that are striving to de clare dividends on etock which line heenwaraied to tbe merry tone of millions t We freqoeniiy"hear Uil* ques tion from the Hp* of tho poor Jehu*. At ooo Ume Mr. Francis Hall, lato of the Onmwttreiai Advtrtim, and the Meaem Jones, of tbe Chemical Bank, owned a controll ing interest in tbe Sixth arenas rood, but recently Mr. T. Buy ley *t*i has publicly m* ^ ?ob owns over turns hundred shares, and It mBy tttacs tort ba inferred that Mr. Hull baa Bold. The preaant manager* of the corporation are:?1. BoyteF _ & Mason, F. De Pey?ter, Waldo HutchlM, A. John Q. ieoea, William H. Many, George O. *1"!^ and other*. We need net add that the stock la $??? not baring been watered eery extensively, and must be better whenever Sixth avenue shall have been ex tended Into Went Broadway. The latent sale of It* stock was at 190. tbb sncosn avxnos uaiuum* Is the onluckleet of any in tbe city. Ita oorportfors honestly paid in over $470,000 of their authorised $800 000 capita), and, instead of uttering bonds to en rich themselves, put out their bonds to cover their loeess and expenses in extending and equipping their road. They have not seen the oolor of a dividend since 1841, and the sum which was than divided was only $39,000. The'road was ohartered to take pasaengero from Peck slip to Harlem, the toll to be ten oents; but subsequently tbe Third Avenue road, with a superior route, began to carry its passenger* through for tlx oents each, and this move was taial to the Beoond Avenue road. Then tbe Second Avenue sought an exten sion of ita track to Chambers street, and thenco to the North river; but the Third Arenue is said to have spent $40,000 at Albaay in defeating the proposed extension, and that defeat was the financial deathknell of tbo original stockholders of tha Second Avenue The road is as well managed as a graveyard can be. It lias eight dummy engines, which are run between Bixty-eecond street and Harlem. It is said to have e st $1.218,127, and owes $780,825. Its apparent excessive estimate of cost is supposed to include its louses. Its receipts last vesr were $420,564, and Its running expenses $389,688. This would seem to indicate that tbe road must event ually be sold to pay its bondholders. Tbo managers are John Riley, John O'Brien, Harrey H. Woods, Waldo HiAchtus, and others. OTHSU R-trUtOADS. Of tbe various railway schemes now before tbe Legis lature nothing need be said, since the proposals are so recent as to be fresh la the memory of every reader. Tbe Fourth Avenue and Warren Street and Hudson River Railroad lines, being mere spurs from steam rail ways, cannot be reached by the statistic! in. Their re ceipts aud expenditures are buried under the mountain of figures constituting the Income and expense accounts of the groat inland railwavs with which they connect. The Broadway, of Brooklyn, is an hone6t road, not watored to the amount of a dollar, and Is owned and managed by John A. Cross, James M. Waterbury and othor property owners along its line, for the benefit of whose property it was built It is managed wittrextreme economy, not even paying salaries to Its officers. In 1841 it divided three aud one-half per cent; in 1862, three per cent; in 1863, six per cent; In 1844, six per cent; in 1845, nothing, and last year eight per cent Other Ugures may be found in tbe appended tables. The various New Jersey horse railroads are also honestly owned ami economically managed; but their profits are not large, nor can they be very materially increased until the outskirts of Jersey City and Hobokcn, Bergen and Woehawl^en Heights rejoice in a dense popu lation, to give tha roads something more than mere morning and evening travel to and from New York. Kx-Mayor Gtmlher's Brooklyn, Bath and Coney Island Railroad is a fraud upon nobody but himself and his partners in the ownership. The Excise law last summer nearly ruined it, and it Is predicted that next summer that law will finish the job?the main income ot the road having been yielded h.v its summer Sunday traffic. As every citizen of Brooklyn knows, tho road is built to the threshold of tho late Stephen llogart's Tivoli Hotel, in the centre of Coney Island, and it was expected to real ize enough protlt from its traffic between the city and tbe Cooev Island hotels during the sultrv months of summer to cover its losses during the residue of the the year, and yield a comforting dividend. Out, in-tead, it Is said to have been run at ail annual net loss of $25,000. In 1860 the Brooklyn Central and Jamaica I'.ailroad Company, with a capital stock of $500,000, ojiened four miles of their road, and at the date of their annual report In 1864 they owed $371,928. Their next report shows that the road was sold under a loreclosure of the fourth mortgage on the 7th of August and 13th of Pep tember, and that at the date of the report front which we quote (Dec. 19, 18651 no organization had been per fected undor the sale. The principal stockholders who were thus sold out were E. B. Litchfield, H. II. Dickin son, Judge J. W. Ollbeit, A. G. Jerome, I.. W. Jerome, John M. Tobln, Charles W. Durant and others, and the purchaser Is understood to have been E, B. Litchfield. What this means lot the reader judge. The Grand Street, Brooklyn and Newlown Railroad, ?managed by Mr. J. T. Ruin ie, reported its total receipts during the last four months of !a*t year at $31,S17; its expenditure* are unknown and immaterial. Tbe re ceipts of tbe Brooklyn aad Rockaway Beach Railroad during the same period were $4,303. Tbe Brooklyn City aad Newtown Railroad was opened In 1802, with a chartered capital of $400,000, of which $360,000 was paid in. Its controllers. Maseru. John M. Phelps, Henry N. Conklln, Isaac A. Quackonboss and others, have seen no dividend*, and the debt has con tinually increased. The Van Brunt Street and F.ric Basin Railroad, running from Atlantic stroet a mile and a qnarter down to the F.rie basin, in Brooklyn, was started In 1863, with $50 000 capital, all squarely paid in money. It has con trived to pay current expenses and leave the share holders out and injured to the extent of the Interest on their money. The victims are Alderman Dennis O'Keefe Henry R. Pierson. John Cunningham (Chief Engineer of tbe Brookivn Fire Department), E. N. Mason and i others. Total receipts In October, November and Decom ber last year, $0,919. .. . ... The Coney Island and Brooklyn Railroad?old hone car route?was opened for travel lift 1862, with a paid capita of $493,800, and before the close of 1864 it* stockholders had paid tbe eutlra amount of their char tered capital?$500,000. It has never yielded * divi dend, but it Is believed to bare enhanced the value of Its owners' tends along Ite route very materially. It wea not ooetly In tbe beginning, and, having been managed with rare economy, has not fkllen Into dobt to a ruinous eitcnt, its total cost, at the date of Ite last report, having been only $441,099, anil its indebtedness only $184,345. It is owned by John P. Murdock, William Layten, John a Young, F. O. Qucveilo and other*. If kept in .the hands of honest tr.cn, who will not heedlessly run It Into debt, it must In time yield handsome dividends, for ite route mu*t yet bo the oenlre of * dense popula n te reiited of a Brooklyn railway, which wi need not designate, that it was built by a City Hall ring on the issue ot lxinds lo the amount of about twenty per cent more lhan Ite actual cost; that it then issued stock to tno amount of nearly $400,000, which was to have been equally divldod among tbe corporators; that tbe stock was put in trust in the hands of a director, and that he '?cabbaged" the whole; that tbe concern, being a fraud throughout, has been in court nearly Own tho dav of its organization; that the directors, fey purchasing and surreptitiously disposing of animals and (bed, run Uio road into debt when it might have yielded a fair profit; that last veer the principal bondholders, who are di rectors. attempted to foreclose, and thus to extinguish all stock but their own; tnat the stock cannot be sold ut thrrty ceute ou a dollar, and finally that th# road is to be eold out utletly to Its creditors next autumn. RKVXXUK TO tnS CITY. Our city railways have thrust the majority of the old stage lines out or existence. Icaviog ooly the Broadway and Twenty-third street, with sixty stages; the Firth avenue and Fulton ferry, with flftv-two stages; the Broadway and Eighth street, with twenty-eight stages' the Broadway, Bleecker aud Second street, with twenty-four stages; the Broedwny and Madison aveuuo, with fifty-four stages, and the Fourth avenue and Broad wav with forty-six stages. It wa* understood that these railways, which thus usurped tbo place of the stages, were to pay the oily something for the ptfivllego of blockading the streets; accordingly tbe charter of every road require* that said mad "shall be subjeelto the pay ment to the city of the same license fee annually for eaeli nassetiger car a?is now paid by other city railroads In said citv." Whut this "same license fee annually is may best be seen in the following table, showing th* number of cart which each company la running and the number that are licensed? JVumbrr of carl Humfrr \amf oT company. running. Second Avenue 80 N"?" Third Avenue 180 Nona Fourth Avenue 80 Mou*; Sixth Avenue 80 Seventh Avenue 88 None. Eighth Avenue 80 Ninth Avenue M 30 Hudson River 2? Si Central Park, N andIE. River..... 100 30 Bleecker i-treet and Fulton Ferry.. 30 None. Forty-second and Grand Streets .. 44 None. East Broadway and Battery 42 Nooe. Cortlandt M. and Grand Si. Fairy. 18 None. The license fee is $60 for each car. RKMARKABUI FKICIlKa. Nearly every one of our city railway companies Is required to submit an annua) report to tbe State En sineer and Surveyor, and their report* are presumed to show tlic actual condition of their roads respectively; but careful scrutiny of the figures which several railway President* have sent In as an exhibit of test year's busi ness will give tho reader an unfavorable Impress I on, to __ ths least. We reproduce tbe reports ?s forwarded to the State Engineer, simply remarking tbat many ? them dtscloee precisely nothing beyond the Ingenuity of Their author-; that the ? hlef Engineer's annual railway report ha* always been studiously kept from the public until Its figure* hnve bee -me nearly a year old, aad that we should advise do capitalist to buy or soil on the strength of any representation which uom# of tha rail way officials hove made^ ^ Chpital Road and ImalK Str^k Eqviv BiS^'waeyDA aad Biro4.IW ?w'wri timu $1M871 Sucker and Fulton Kerry A*? fckUWU l,*w.7? 704. UUO nrwKiwaf. of Brooklyn.. . MM $00,030 fflH7W 38.410 Hnw way'*nd Hev-nib Av 4,t? $.10J,(IJ0 4M.826 1.400,|*? Hfonklvn OilV 30.21 1.000,000 1.888,168 ITU.OO bsws ass igi ?t and tirand Kerry 4.110 ??MJ00 not rep to N. hng. lUrlem B . Mnrand For/ 4.75 SfiKJ m 4? 124. WO Mints Avanne 4.?0 797 320 44.5,296 lUOOl SSiJSSr-.IS ?8SaS SB sa? ?> assst monk, '"?? ?ftturn lift 'trwHm 1\Unl Hnn I eerie. anfudrrf. remj 's. B.\h ?'cn"v Island and Brooklyn $20.?4 ?7.?0 Elee. ker and Kulton Kerry L..894 281.494 *1 42j K?dway"f Brooklyn 77.C9I8 48.1*6 n.m nJSdwar and Seventh Avanaa.. .749 677 194 MJ7 IWJ Sr^T.kUn nty 494.748 1.061 448 1,001 428 ea as lafrv.""T.I: r aS SI 'S SIS aaur trart and Uraud stroet Kerry . Not reporie-l tc St. Eng. ms sss STrt i^Amnna*".'.'.'.''? '? '? '? - '< '?' ? ? ?? ? ?hnd i;'n"?: ?-??? Sui J 'in raaffiM - Bnn-i. THrMmd. /umii. _/??'. |roadw?y, "i Brooklyn .Tb*.*? ? $bi ara IZlZVit ** .. '.Lr^S $417,149 304 777 Central Park' N. and B. Hirer.. mg 68 446 mM Ki^^"er.:r.v.v.r;.v.v.v.. %S - flMAVMM )?-?0 ???? 84.388 I/Of K.V.I. Ktilmi. WomJtd Balh.C'nv Inl'8 B B'lyn ? ? , ??i!2i 4 22222! Bleacher g If uliou Parry S 1 1.8I&UM ft2n'!9l |ro*dw?T of Brooklyn. 2 2 JSSK .JSS'Si Broadway A Seventh av ? 1.MW 11,061.088 Brookl?"city. . .T ] 2 3,186,881 'J."!' "* Caniral Park k BK. E. 4 - - ??}?" C oy 1 aland.of Brooklyn ? ? ? i?SL*** Dry Dock and K. B'way. ? ? 1,870.881 8.?J,,14 Eighth Arrnur 4 7 3 278,MM 12,088.808 Har B , Mor. A Ford... - - 388.U86 ??? Ninth Avenue ? f 887,820 1,M1,M7 Becoad Avenue ? ? 8,867,2M Blxlh Avenue 8 3 1.808.OUO 8 S3S 7S7 Third Avenue 8 M 8,000,800 20,000,088 TM? SXTK4 CIST. It la understood that a formidable lobby baa been busy a month or longer, in Washington, striving to persuade our Congressmen to re-enact the law authorizing tbe railway 00mpastes to exact that eighth of e cent which has been the occasion of so many vexatious disputes; but It is added that certain members of the House?be ing familiar with the railway companies' mode of col lecting the fraction of n penny?have resolved that. In re-enacting a city paaseager tax, they will make it a whole oent or nothing. POLICE INTELLIGENCE. PaoKfftNO Youths.?Some months since Jesse 8. Minerley,* a lad fifteen yean of age, was employed as errand boy in the store of Mr. Henry B. Hawley, 112 Fulton street. Being smart and having much business tact, Jesse soon gained the confidence of Mr. Hawley, who at times entrusted htm with large sums of money to deposit In the bank. In an evil hour, however, Jesse yielded to temptation and appropriated to his own use $50 of Mr. Hawley's money. He was detected in the dishonest operation and discharged, but not prosecuted. On the morniug of January 18, after the clerks bad left the store and gone to churcb, Jesse forced himself through a small aperture in the Iron grating, which ad mitted him to the basement of the premises. He then foroed open the door leading up stairs, and going to a box under the' floor, where he knew Mr. Hawley kept his money, opened it and removed the contents, consist ing of $800 in treasury notes, $225 in legal tender notes and fractional currency, besides $288 in gold coin, making in all $1,111. After reaching tbe street with his plunder. Jesse called upon David Miller, a lad l'ourteeu years of age, with whom he was acquainted, and Invited lilm to go to Boston, saying he bad plenty of money to pay expenses. He accordingly gave David $100 of the money, besides buying him a new suit of clotbea The day following the boys left for Boston, remaining there until quite recently, when David returned to this city. From him detective Stllwell, of the Second precinct, lesrued that Jeesa was stopping In ding Sing, and on Monday the little fugitive was round In his hiding place and brought back to this city, tbe other boy haviugbeen placod under arrest In poesoaeion of Joss- were found $180 in gold and two $100 Treasury notes, it botiig a por tion of the stolen money. The prisoners were yesterday taken before Justire Hogan, and pleading guilty, the magistrate committed them for trial In default of $1,000 bail each. Miller lives at 188 West Thirty-first stieet, and Minerley at 288 Tenth avenue. PintrocKXTs at Work.?Mary Brennan, of 93 Division street, caused tbe arrest of James Mclaughlin whom she caught in the act of attempting to pick ber pocket at the Hamilton avenue ferry. McLaughlin made a de termined effort to escape, but officer Finnerty, of the First precinct, seized and took him in charge. Officer Woolsey, of the Broadway squad, caught George Cos tano and James Hamilton attempting to pick the pocket of a slranne lady as she was passing down Broadway. Before they could secure any plunder the officer arrested tliem, and on his affidavit Justice Hogan committed the Erisouers for trial ill default of $800 bail each. Mc aughlin was also sent to the I'ombs to await his trial. Aujkikd Fklomoim Assai-lt.? Charles W. Browning was committed yesterday by Jnstice Mansfield in $1,000, to answer to .-I charge of fulonious assault In having, as is alleged, cu'ercd tho premises of George H. Hall, No. 87 Cannon st: -i, on tho luth of January last, and when ordered to le.v replied by shooting at Ids unwilling ho.-t with a !??? o s ?- The ball took effect in tho abdo iiien. and ini!i. ?? i :.<r said, a dangerous wound. Au> xd Fai.- rxxqa.?Emanuel A Sulz, of No. 251 Bust TvMtiifi <: set, being attracted by an advertise ment in a now - pi i>c: of January 7, over the signature of Henry Coovlr cti. ler a partner "In a light and profitable business,'' called in answer st No. 188 Broadway, where be found an Intelligence office. Tbe advertiser, Good rich, he says, repn seated to him that be desired a partner, as he had a contrast to supply seven thousand laborers for the South for which he was to receive $2 'per man. Believing these representations tsuls entered into the partnership, paying for the privilege $180 in caab, and agreeing to pay $250 more in Instalments oat of his share or the prospective profits. A little expe rience of the business dissipated the anticipations of Hulz regarding these profits, and exhibited to him, ho says, that Goodrich had no such contract as ho nad spoken of, and, further, was not licensed to conduct tbo business or an intelligence office, as be bad previously stated he was; in addition that Goodrich was carrying on another bustn-ss in Brooklyn under the name or Ford. Accordingly he mado complaint at the Essex Market Police Court against hie partner for obtaining money by false and fraudulent regreaootations, and yes terday Goodrich was arrested. Being arraigne " terday Goodrich was arrested. Being arraigned be lore Justice Mansfield he was committed, pending an examin ation, in default of $1,000. Alleokd La roe.st mr a Laxd Loan.?Frances Louisa Butler, who says she is tbo widow of n cousin of Major General B. F. Butler, appeared yesterday at tbe Esaex Market Police Court to make complaint agaiost Jacob Wagner, of No. 38 Greene street. It appears from tbo sratentent of tbe oomplaiaant that she recently hired a furnished apartment from Wagner, and tnat when leav ing he retained her trunks and boxes. Subsequently, when she obtained possession ot them through tbe shal, sbo found that they had been assistance of a ma.k..., >?<?? .uV opened end $73 worth of wearing apparel removed therefrom. Henco sbo charges Wagner with tbe lawny. Justice Mansfield committed the accused for examina tion. Francos Louisa soys that she has been robbed lately of over $500 worth of miscellaneous property, but Joes not charge the difference against her fate land lord. Alleged Petit Lahceries. ? At tho Essex Market Po lice Court yesterday the following parties were commit ted by Justice Mansfield in $300 each to answer for the offonces charged:?August Mechow for tbe alleged lar ceny of $60 worth of wines and liquors, on complaint of Hugh Gorsh, of 189 Bowery, who states that tbey were removed from his premises at various Linos be tween December 10 and January 1 last past; Henry Ileitis, on complaint of Joseph Marlinger, for the alleged larceny of forty six pourd.-i of beef, worth $8 28, from bis sluughter house in Eldrtdgo street; John William son for the alleged larceny of a lady's cloak, worth ft00, from Louis Van Veen, 171 Division street, and uhn llartwell for stealing a whip, as alleged, from Will am Dennett Di iiokbst Domestic.?Annie Selenck, lately a dome? tin at 810 Broadway, was arraigned before Justice I.ed with, at Jefferson Market Police Court, yesterday after noon, on the complaint of Mary Egg r, of tho above named locality, charging ber with the tbeft of $08 worth of wearing apparel. Annie admitted tbe theit and said smd to she waa Incited to take tbe property because tbe tvas poor, but that she had given it back to the owner. 81ie was committed lor trial in default of $500 bait. Di-hoxxst Youth.?A colored youth, Alexander White by name, wan arraigned befcre Justice Led with yesterday morning st tbe Jefferson Market Police Court, on n charge of stealing the sum of $18 from Mr. Joseph Foun tain*), ot 858 Broadway. Alexander pleaded guilty, and was lteld to answer at the Special Visions. ALi.au an Lane any.?John McGnlgan wan arraigned be fore Justice Ledwltb yesterday charged with tbe theft of a barrel of sugar, valued at $30, tbe property of Thomas Neely, of No. 78 Tenth avenue. The barr -l wan standing on tbe sidewalk in front of Neely's store shortly before nine o'clock on Monday night, and a few minutes after it was missed. Peter Gr-iny, of No. 90 Tenth avenue, testified to having sntn McGuigan rolling the barrel of sugar away. McGuigan was committed for trial m default of $500 bail. Tit Broadwat Car Pickpocket Cass.?John Hronton, charged with picking the pocket of N. M. T.aramy, on a Broadway car a few evenings since, was up for examina tion yesterday before Justice Dodge, und as the evidenoe failed In the slightest degree to fasten the guilt upon blra lie was discharged. District Attorney nail and Mr. Lsramy both agreed to the discbarge of tttc accused. Tna Alleged Dry Goods Swindling Case ?Yesterday morning a final hearing In tbe long preliminary exami nation of thle case was had before Justice Hogan, at the Tom ha Counsel for the prosoootlon summed up tbe evidence against the parties implicated, commenting on the rin? ' -iiilcnt point* and adverting to tbo aheeuce of nny evldei en on tbe elde of the detence. Just'ce Hogan said that, after i.itnfuliy examining the evidence and taking into co doeiatiMi tho surroundings of tiin rase, be deemed It his duty to send tbe papers to the Dis trict Attorney ol the county, that bo may, if be deems tro t Attorney oi > .<? < ounty, that no may, ir ne deems beet. Isy the mat or before the Grand Jury tor tbeir action. The prisoners, who are all out on liail. will, it Is supposed, be tried at the Court of Ppoci&l Hot; ions on Thursday usxt. SALES OF REAL ESTATE. Messrs. A. J. Bleecker, Hon A Co. made the following sale of reel csuie yesterd.1- :? I lot northaHat corner tilth av. and (8th ?t.. ZHaOO t4.4h" 1 lot adjoining, I.'jRO I J*"1 1 lot adjoining. R>Pj 1 lot adjoining. 1?\9H !?.? 1 lot n. s. With ?t., ?> feet east 10th sr.. amy............. 1/411 I lot s s. ?i'th ?t., liHI feet eiud 10th ar.. 26xM block.... 3.150 1 lot adjoining. 26* J, block 3,150 I lot Hdjoinlng. 25r'; hlock. ?* 1 lot sdjoining, 2ux?i block 5100 1 lot n. s. 67th at.. US feet west 10th a?.. iffiitW.g l.tRCI I lot .utjoliiuig, UAxloi 6 IJM 1 lot s. s, Seih St.. 225 west 10th sr., (AvloO.5 2.DI0 1 lot adjoining. Zttxion 6 2 tsm 1 lot adjoining. An in .6 1900 I lot uit joining. Jirlisi A 1,060 1 |ot n. s Ilitth St., 870 lect weatoth ar., Mtwk.. j,;<75 1 lot adjoining. 2ilj4 block, v ....... ljt.6 I lot A V YVttJTst.. #? feet west 6(h ar., (riiht block... 1.876 1 lot e. a. Illh ar., UUft. Mn. north S5t5 at.. $5kM?.... 1.6,5 Tbe following sales were mado by Messrs K. II. Ludlow 5 19 reek slip, northwest corner Water, 16 4H?51.11^ gl2150 17 PSek slip. 15.I*M ? ??? 8 WD 13 and 15 l*eck slip. 2Ki\i75)% 15,4iG MSI Water St., 24 9x3 .1. 10.) "0 82 Stanton at., IS.4160 .J4 ... .............. ... ?. 4,700 The I allowing sales were made by Muller. W ilklns 5 I Ion as and lot 38 Catharine street. IAIiW 9 $15600 House and let Uf> Kaet I llh street, ZUliW.a 18,5M) rive houses and lota, n. s. Stli street, Brooklyn, 206 ft. w 4th av . ISal'W each 1.400 ?uR FERR!Es? mf the Vtrrr Iavt?trata? Coamit , .| WaiV-r*-' HmiU Wlllheaeebarw-Tbe WlUlamktf* UrmHtal Verrten-Th* ?h!-0?Mit*e'?n Commerce end Navigation held their final ?*? yesterday ? Wssbingtou Hall, WU TJll, one of tb. dtreeton of the W.H^urg ferry, continued the defence of the owned veeurday against the charges brought againat them. He began by making ? statement of tbeflnancml rendition of the company, in ^ta^W^ tlon made by several of the witnesses that the ferry extremely remunerate, and that th. oomp.nT ?ould afford to furnlah better accommodations ?o the pubct Mr Oakey suggested that it would greatly fsoilliate the progress of the investigation if some gentleman would conduct the case in behalf of the peopto ?d eo confine the evidence to the facu which constitute the especial grounds of complaint. Judge Thomson, alter a little dircuaeien, agreed to undertake this Judge Thomson then requested the lease ?f?^Di vision Avenue ferry, which the witness promised the day previously to produce. . Mr Wall said that the lease was In Now York, Ini the poss-seionof Mr. Laton, he would pledge himself to hand It to the committee; the boats ought to leave the South Seventh street slip every five minutes; the men employed by the company might sometimes be neglecW full pilots who were found guilty of careleesmm were dismissed; one witness had staled the ferry was not run as well as fifteen years ago: the company then baving the miinagement of the ferry did not ,ra^uf.^d?iiJe town; property was not depre dated in William, b rg. bad been stated; witness knew ot one ?**?'JLJ would house which had been bought in 1S60 for $?,00flI wouia now bring $10,000; there were uow generally three boats to Roosevelt street, though eometime^ when a boat got out of nqiair, there were only two, the vain the property held oy the . outt.any ln b^t^ ferry how ^ slips and real estate was, acr.urdtug to an inventory tUJudgeeTSom^Was that made by yourself or some 0BMr '*Wa!l?It is an estimate made by men standing es hiiiti as you** honor. |..j.pn Thompson?Don't pot injiy 'ibout It? Mr Wall-Y^ sir, I will; If any such inslnuaUons ""ll^Oekey^ho chairman, said he did not think It In the provinee of the committee to lake such evidence, all that the committee hud power to do was to *ajudge Thomson^said Witness had excused the com fnr in. waQi of accord mod AtloDB on th? pica that the ferry did not pay^and he thought therefore the "tfWSSSid that the comrnitm. wer.of opin'on that the ferries ought to be run well and properly, whctlier It paid the company "f not. A great deal of discussion here ensued between Judge Thomson and1 Mr Huntley. the ^>mJV?d*lM in athreat on U,e ?rt of ?be fmm? th* if the examinje tion were not conducted in a difiorent manner, he would ^MrdoaWey said that the cvdlence was to he taken by question atfd^mswer simply, and that there must be . 8lX^lTontrinneS-C'n the Division Avenue line th? was for a longtime ou|y one had SSW T?" 'natural ^"^^Vr^y Tm'! complain about anything; the stock of the ferry( ? panv was sold three or lour months ago at 110, did no. knM? 'oakey-^-How d^vou accound for it, Mr. Wall, that .J?; !$S*?l? .?.p? ?????'?""? wui aid no. mow no. 11 "J >?'-Jf 2?J? happenwl; there was no regular p would at one hand:r^andhVy^?life Preesr'ers had U ^^^3^J!ssSssl^ he*more couvenlemT ^ * "f0,^ vim oaxEsronrr vkkkt. r boats of the Greenpolnt ferry; on ? ^s ^'dunE wj Vnrk ? too boats should be more regular, it waa a Kof iui as to the time "*?*? oT 0^ ^ offi East or North river; the raws had been gradually Incroaeed as Greenpolnt grew '""?"'"i more fare," seemed to be the principle of ?? y,0 ferry companies seemed to think .hat th^wuld do as thev pleased, end dleregerd the STS.'r."- ? I-""***. "wi.ittfa oS2??LS*SSS!S^i?? emnlov of the South Seventh street ferry; had been in ?team ts they generally did at present, toey !ow carried about fifteen, slxtocu or oghtoej n_n_j_ -# steam; the pilots were instructed to make forty minute trips et night till a certain houa, and than thev run hour trips; uulees obstructed or hin dered bv ice or fog tbo boats made that Ume; they were aSacTlnrtnieted to save the boats from Injur) as much am possible; nearly all the pilots were eepmianeed man and had been In ihe ernplov of the company a good may yean Hie i?av of the pilots wss $110 a month; the boata f.f uk rnmrinr were as good as any on tho river; the crrv mwwr surSil the boat at any time lie chose L i ? n?as ti ity ht but tbo ptlola had the control during fb.'da'y wh? ?:?? wLVoTSr ICO thepiloisstartoJ tb! boats night and day; witness, in running a host, had ne'er^oousulted tho m'ety of sris: jrsssi E.MSk.jS did that be. ause there was nuolher Ito*""""1 there was no use in running quicker. heMs^Uh^MJdw iinit niriitv of steam; ho bud never recei*. u insinrciwa m!ave!2am;7mld no. make the trip In hah vhoiime will, ihe si cam now used upon the bouts; did not know tha?a^*-at bad taken twentV-flv m.uu.m m run^e that ranrninc- did not know that the company w i-h" out a certain quantity of coel cvety day to the enetneer* Ihe sl i? had not been ia very good order, but he uirt noi ihink that was a grant cause ef dei.ntien; had heard of pilot* being discharged In havng had their IroaU injured; larger U run but thev coul^ not ?^i very well handled. If they 2^2g-gS-asra rhTnerv and boats In good repair; ell the machinery wan rn^SlTpnSli ff th. boau; had never know, e boiler on ...y of the boms to be so "'^^^ of th! oould be threat through it; the s^ety vmves 01^ b tuts wore weighted to carry twenty-five jmunus u, steam; the lmats Ihmk tb7hJ<! ST. ?o, ?S ?> i"1"iV.l*ff'o!5S?~N?*w^!3I boiler, on tho kinneeota end Nrti?.ka ww? ?io mom., .v. i nets were not laid up for the purpose o. navies their boilers re|*ired mor frequently M. ferry* bad naver b??D In tbe aotploy of a?y winy ell the eoal that tho boat required. edrteenl??M? was given to the engineers; the '"*lru^ "^ibls; tho company were ?) run Mm boa's as^ fMd*? \ cUn ? boilers were 'este.1 by the n ted ,0ukl ? MSMBS'WW ?7'?f or four yeer. ??? Mr:; I won?For seventeen yes re bed erwscii thorny the ?v,rege time with e lelr t.de wen il iia, .ml a a nst the Ude twelve minutes. ?ttiTdTWM HWh-We. on board the N. whJn rim wee "mix; she sunk in about forty-11 vu miam -s ueiil Um wsur enme up over the deck T.o, , 0f f0?r or five feet, there were no loams on ?**?*). if It,or* had been a heavy load she might have sunk U> it n to, torn the whole of the boat wee woodwork ov* cept tile machinery, the oompuny lied al>out drud i.iisbel? of cork in ser.il host; wilnc-s thought that w?uld ie sulhelent to keep up the bout with wnv load; the cork ?ia?l been placed in i he boat* after the eeo^*"' Mr n.vkey then stated Mia aa the OMlutue had ob tain- d evidence m reference ?? ell the gr?"v*nee* ooov i,i mi,e,? if, there waa no oe ,-lon for ^"f rf/nlM''g0 ''^ t-vngor in New Y-ric, and ?he\ would therefr m at om^ adjourn io Albany, there to i-rewent a r.ip-jrt to ho Legislature He siioulrt b- ^appy, however, to receive any con, man tout) is in reference to tori1" fn"? ' gent lorn in who h-d additional csuem of ?r who could augg- d any ron.cdy ft>r the existing evim THI EXOSf UW. The Commlllee on Applications of the Bosrdof Krri?o held e private mealing yesterday and ps * hundred petitions for licensos. A i*rge nu caitona ware rejeated. vmt AVr>e*s eg Wnl. Downs, Deidriek Gerken, fil before JusUce M Oliver street, wore m "mistlug th- Excise Hogan. at tl ? Tomta, ,,n?wer. lew, ufid lieW tfi fWO hnll *** ,?,lrt .asterdav Teler D?M,Wr?'veeu!|A] ?hW^'ib'lsh! "ew^Uidtobei., M-0 to answer. ? ... r.,iice Cturl yostenlay, Ivrure At i*e K-wo* hf?rket ( Wrri c-mmu-ed Justice M.nSfield.^e lW^lngja^ to answer Bllea )fw|. Mallory, 3#? MMbZl MrUnghhn. W tsnuun sUeeh