The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-20

kind weud pay better than any other employment Of
capital can think Of There Is little on no rhk
in H. and good returns almost guaranteed We
have idea that this advice will be taken The class
Of spectators suuds to win wait until prices range
ten to fifteen per cent above current rates when they
win rush in and blpdly rechlessly take mold Of every
stock in the List, good, bad and Indifferent
At the nrst board to-day, Reading Railroad declined
4 per cent? Canton Company, u; Erie RAlroad,l Erie
Convertible, H. "a There appears to be considerable
anxiety the part Of holders Of Reading to realise but
1t 10 dangerous put much stock the market at
At the second board than three thousand shares Of
Erie Railroad stock sod and the closing prices
show decline of one and quarter per cent from those
current in the morning The total decline in this stock
to day Is two per cent Erie and Reading Railroad APP
pear to have lost caste with present holders.
The receipts at the Office Of the Assistant Treasurer Of
this port, to-day, amounted to slileos 49, payments,
$44 4S9 4S--balsnee, Sl946. 973 II.
There NO steamer from this port Liverpool until
Saturday next when the Atlantic leaves II s not known
yet mu,h specie she will take The Cambria leaves
Boston Wednesday, for Liverpool The mails close
to morrow (rues2sy) 1t would be good plan for the
Postmaster to send the mail by the afternoon train
the New Haven route the Sound steamers very
certain at this season.
TIE New Jersey Railroad and Transportation Company
have declared a semi annual dividend Of PEI cent.
The Utica and Schenectady Railroad Company have
declared dividend Of per cent payable the stock
registered here, at the Phoenix Bank, in thi, city
The Superintendent Of the Banking Department OF this
State has given notice that dividend Of ninety cents
the dollar Of the circulating notes of The james Bank
and Of eighty cents the dollar the notes Of tho
Bank Of New Rochelle viii b paid on their presentation
at the Department Certificates will be given for the
paid balance in each instance, which will eptitls the
holders participate any further dividend which may
be made.
The proceeds OF the mills tax in Illinois levied in
accordance with special clause OF the constitution
Of that State last year paid TO revera srewd fnan
crs Of this city, who ayaed themselves Of the oppor
tunity to bare portion OF their claims liqUldatei
This year larger amount presented and the per
cent paid was, of course, e.s The amount or State
indebtedness presented at the Auditors oce for pyo
rata dividend sG7l7-l; amount OF two mills tar dis
trbuted 1927 l3s; per censage distributed thirty eight
cents and eight mills The clause OF the consttu
ton requiring the proceeds OF this tax to be appropriated
to the liquidation Of the principal of the internal In
proyemeDt debt OF the State will be changed ard
the amount appropriated to the paying OF the annual
interest There is large portion Of the the
debt Of the State In since the last funding and
is simply absurd to pay any portion OF the principal
long as any portion Of the fall annual interest is
paid.
AnS Ouic Anu IeNbsylNdLlH hallfoEC company nave
made report TO their stockholders by which It appears
that this railroad is completed and running
order from Pttsburg to Alliance, length OF 81 miles
Tie completion Of this road affords unsrokep chain
Of first Glars roads with Cleveland Columbus and cincn-
natl - way o. pitsburg. The trains commenced run.
ming on the 9th inst. In the space Of Two years ana
half class resd connection has been established
between tie public works Of Ohio and hose Of Psnnsy
yana. The number Of passengers carried from the open
ing Of the first portion Of the road to the close OF the ca
endar year 562c6 Until very recently only twenty
eight miles Of the road in us and the freight bus,
ness is in its infancy The receipts from passengers have
been sao074 50, and from freight S22G2 53-.making
$32343 IL The expenses have been $1s25S S. and the
net receipts ss,Os4 so The daily receipts
pdly Increasing With the exception Of twenty miles
east Of Ptsbuyg the line Philadelphia and New York
Is also complete.
The receipts Of the Boston, Concord, AMI Montreal
Railroad Company for December, 1851, amounted to
sl3701 "a, against 1891 30 for the corresponding
month In 1885, showing increase OF SIS 80 ii-eqps
to about sixty. I've per cent
The increase in savings banks in TIL. and othe-
cities oi the Union is the best evidence the world OF
the prosperity Of the industrial classes and the extern
ion OF she spirit OF economy which has been sxhi
lited in this country The annexed statement shows
be accumulation Of deposits year to year in the
svpgs institutions Of Massacb usee the Increase
II the ruEber az der ositors -