The T. A. A. & N. M. R. R.

The Daily Financial News, of New York City, of a recent date liabs a four column article on the situation of the Arm Arbor Road, the greater portion of the a.rticlo being an affidavdt made by one Allen B. Smart, of that city, setting farth many smart tJi&ngs that the Ashley management of the road is cliarged with doing. It seems that a General Reoi-ganization Committee of the T. A. A. & N. M. R. E', 'was appolnted somc time ago, to look uito the affaire of the corporatLon. Mr. Smart as an attorney, was cmployed to do the work, and Hls report is a.n exhaustivo one, setting forth many'transactions, which ii true, will reflect seriously upon the Ashley management. Tlie News says editorially : "Tlie evidence -which the acco'untants 'have olrtained from tlieir examination of the books, and as presented by the counsel of th-e stocldioldei-s, cèrtaialy can not now bs eharacterized as 'too shadowy and indcfinite,' as the gros st kinds of irregularittep by tlie ío:-;v. ".■ ottlcers of the Ann Arhor road üiape baen diicovered, and are presemted in afildavits by the accoumtants, whicü accompany the petition. It will be remembered that iin tlie plan of roorganization promulgatd by tiie stockholders' committee it was declared that the stock was absolutely worihless and contrlbuted noth.ing to tlie cash resources of the company. Tlie accountants' report, however, shows that such a statement is -without foundation, and if the road had been honestly conducted tlie stock would now be on a dividend basis and selling In the neighboihood of par. "Whethear the stockholders' co'mniittee succeed or not is a matter fhat the future alone can determine ; at any rate, thO stockholders owe tlie-ir coianiittee a debt of gratitude for wliat they haie already nnearthed, and their investigations can uot help but benefit the holders of securities in all American railroads, as it will tend to bring about better management and wake upsecurity holders from the apathetic condition in which they have been for so imany years." It is also claimed that the amount of bonds issued far exceeds the limit per imile, ;uid that some fiity bonds are entirely unaccounted for. Tliis is o:ne side of the T lie Ashley management, which is still practically in control of tlie road, no doubt has aittother skle. Weather for Mareh and April. Foreeasts of the weather for March and April, as given by Prof. Cliarles Sattler, proguosticator and seientific medium : The controling winds will be from tlie south to the southwest, Uien to the northwest, from where the cold storms will come. March 1- Cloudy, colder, some snow; 2, 3- Cold with snow squalls ; 4, o- Fair ; (5,7 - Changeable with snow storms ; 8, 9- Cold storms ; 10- Light snow and colder; 11- Changeable and cold ; 12, 13 - Fair and warmer ; 14, 1G - Changeable and signs of storm ; 17, 18- Stormy and colder; 19, 23 - Fair and warmer; 24, 25 - Cold rain and snow ; 25 - Cloudy ; 28 - Changeable ; 29, 30 - Rain and snow ; 31- Fair. April 1, 3 - Fair and warmer. (Ice will probably go out of river aboutnow.) 4, 5 - Cold rain; 0, 7 - Changeable, some rain; 8, 9 - Fair and warmer; 10, 12 - Rain and some snow ; 13, 14- Changeable; 15 - Warmer and fair; 16, 17 - Clear and warmer; 18, 19 - Snow and rain; 20, 21- Colder and snow ; 22, 23- Fair and warmer ; 24, 26 - Rain, snow; 27, 28- Fair; 29- Snow storm; 30- Warmer with snow. Prof. Sattler adds as a footnote: "The weatliei' ;is here given may be considered entirely reliable, as Prof. Battler's past predic-tioiiH have been verifled in every instaace, and at the present time negotiatious are in progresa from a leading European nation to secure the professor's services."