New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-19

lat. al. Conveytibles fel of ~ cent, but lcolnss
ws,. s,s.av (,overnFaen, and state SOCKS are
firm and in fair request with bat small AMOUNTS o.
fertng. Excepting ia two or three leaning iAacles
there As no activity and no large qnsatIty could hnd
market excepting az lower prlces. The iaii IN stoa-
IL atom would seem 70 indicate that even % sare'
cash Stock cannot be placed unless cnlle sls'
tains It.
In Sterling there is not much doing and
the market is steady a, lO3 dles The present lsai
Ing draxer beng his own insurer, sells Al ios AM
allows = cent commission and makes prom on
the shipment OF gold but the other eaiias Bankers
hold out at lOiGl0l One the largest Bankers IN
the street is drawing agains; credit At 10y, and
another has southern bills which /, sells at l0i With
its endorsement Francs are l5d3 l2i There
appears to be bu. little appearance of cessation Of
the consumption Of Exchange until after this month
is out, at least
Ia Freights there Is less doing, the ad-
yanced prices of Breadstufs having checked the
movement Flour 10 Liverpool is l2i; Wac II, Id ,
Cheese, pos. Dead Weight, l5s.' Cotton 3-l61.,
with small engagements. shipm Mt OF $50 tcs
Seed was made on private terms. To London, $40
bbls Flour at Is lOid. Cheese, 30s. To the Cont-
nent some small parcels Flour have been taken a..
as 3D. To HAVE, Cotton ic
The amount received at the Sab Treas
ury is s55,ej7 payments Sll9,4l6 balance 81 G57,
C64.
A new Insurance Company, to be called
the "Lorillard Insurance Co.." and to be probably
under the Presidency OF Ms. c. V. Anderson, IS be-
il g formed.
There Is one consideration which may
have some effect upon tho question OF the expected
diidtnd for the present year OF the Heading Railroad
Co. At the meeting OF stockholders to which NJ
Meals report was submitted, resolution was passed
positively prohibiting the creation of any ne y La
biites except fer the purchase, &C. of The Stlie
Road until that resolution should be rescinied by
the stockholders. Under these circumstances, we
presume the Directors are individually liable for the
present floating DEBT. say half a milioa of dollars
over and above Sha. has been incurred on account
OF the State Road, the resolution referred 20 has
not been rescinded The Directors will therefore
naturally be disposed 10 retain the surplus earnings
Of the road TO liquijate in part the heavy floating
Liabilities OF the Company. This resolution appears
TO have been very generally forgotten BY The opera
TOYS FOR a rise IN this stock.
We regret to announce the suspension of
Messrs. James B Smith & Co, dealers in silk goods
Judgment for $4,000 given we believe, to Charles
to-day. The Liabilities of the House are large, 5lt
it Is thought that under juoicIous management the
assets can be made to pay all Their stock Of goods
is estimated at about 100000. They have made IA
assignment for the benefit of their creditors.
The affairs of the Norwich and Worces.
ter Railroad Co have been made no to the cal OF
the fiscal year. 9Oth November, It's earnings having
been all collected 70 within 800 and the claims
500, the demand for which mas not yet been made.
This certainly SHOW remarkably close inanciering
upon the part OF the able Treasurer Mr.. Perkins,
and probably few Railroad Corporations in the
country could show the years business all closed
up, within fifteen days after the end Of the year.
The net earnings, after the payment Of interest on
the debt, and chlrges of every description, snow
that the road has cleared over p cent. on its cap
tai for the last six months There is little doubt,
between the 95th and 3Oth OF December, this Com
pany Will declare dividend OF q p cent, leaving
fair surplus The debt to the City of Nor.ich,
which was originally $500 600 Is all paid bat $50 O)O
OF this S25 600 is due on the LIST proxmO, and $2j
Geo on the ist january three years hence. The
whole amount, (SjO,00o) It is the intention of thc
Company 10 pay on the lst January next and p)''
ton of the instalment of 10 y cent still due tle
stock will be called in probably in January or fe5-
ruary TO meet it, When that $4,000 is paid, the
Road viii have 10 debt whatever, exec pIny thai t1
the State Of Massachusetts, which is not due 70
many years.
There is some weight in the aq1cNe
communication from a stockhoder of the Uaie q
Railroad From what We knox OF the disposit,n
of the officers OF The Company, We have n d1g9'
they will divide all me actual earnings OF sc
Company, reserviag $4,000 as smplls for contil-
geLcies
THE HARLEM RAILROAD.
To he Editors OF the n Y. Tribune.
GENTS II have been a stakeholder in this Con-
paDy for many years. Ihave held the stock through
ali It's yisclss,udes until AZ length point has ar
rlyed III It's history Nhea fair AMI reason iO.e dg-
deDG is earned, and after paying all Us expenses iss
Interest. and surplus OF some thOustfs ct dol trs
for sinking fund, ought TO be declared. The Di-ec
tors understand, are heSrating Whistler 20 divide
in February. p or per cent. II the LATER sum can
be divided, aud leave surplus OF cash on ban /, 81
say $50 Oc0 out Of the actual earnings, they Ouga'
| IN justice to the stockholders - make surh d.v-
dend. Such understand % be the hrSt. II Is o.
Jected that IN case such dividend Is regularly male
hereafter, the stock VIII rise ant certain )nvert-
able Bonds VIII be turned into stock. 50 mach the
| better. But nothing can be more certain thn tna'
I the Bonds viii go up steadily with the stock. Let
justice be done TO stockholders, rrespe Give Of al
/ ct Spectators. ASrocKHOLDER.
The Directors of the Little Miami Rail-
road Company, out of the earnings Of the six months
ending the lst December, 1851, have declared div
idend of five y cent, with surplus Of nearly
$4,000, making the entire surplus OF the Company
about 5000 to that date
The earnings of the Madison and Indian
Opolis Railroad, for the week ending the l6.h De-
cember, le5l, 900
| Corresponding week of 1850, was...........- 500
The difficulty ofcarrying the purely specu-
laye stocks increases and higher rates OF interest
avebeen paid for the last day OF two To-day for this
purpose, Money has been decidedly stringent Pa
per is without change, AMI the small quantity Offer