The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-11-11

OF the company are offered ct pap and the
eight per cents at ninety per cent This accounts
for the late depreciation in the market value Of the
stock The true policy would be to pass the dividend
altogether.
The ofacial report Of the business Of the Baltimore
and Ohio Railroad for the month Of October showed the
revenue Of the month to have been follows
~ BALTIMORE AND ONO RNLRoAp
For passengers So IL Ss s2ss7sss g.! oss 81
Totals ssss, 1856 % eas, Oae 70 saoo, l22 70
As compared with the corresponding month Of last
year. increase is shown Of eos 25o the main STEM
and a. sos IS the Washington branch-total increase
1854 81. As compared with the previous month Of
September there increase Of ON the main
stem and small decrease on the Warrington branch.
The earnings Of the Michigan Southern and Northern
Indiana Railroad for October, were -
Passengers and maj. 4224185 80
freights and miscellaneous. 62,l91 Is
Earnings, Oct, 1858 2sSS7s 90
Increase. So, sol q
The earnings of this road the ten months ending
october " amounted to....... ,778 $3.50 q
For same time, 1853, they were. 129717o II
Increase in ten months, lover 81 c. s4sl POT 10
The warrants entered at the Treasury department
Washington, on the sth inst, were As follows =
For the redemption Of stock ..sl4,17s 20
For paying other Treasury debts. ....... 49, $50 90
Covered into Ireas'y from msceans sources 60 g.
FOR !he war department 10
For repaying in the Navy Department. S44l 10
For the Interior Department 1925 OF
The Superintendent Of the Banking Department of the
State Of New York gives notice that the securities held
in trust for the Eighth Avenue Bank win be sold at auc-
ton at the Merchants Exchange in this city, Tues.
day, the 21st Of November. They consist Of
sl2sSS Of New York state per cent Stock of 1883
5000 of Canal Revenue S cert,so,t.. i 1sSS.
Also five several bonds and mortgages made by the
Atlantic Dock Company each of which mortgages covers
wharf, between Conover and Ferris streets in the city
Of Brooklyn Kings county and due the Goth day
Of April 5sss bearing Ees ssIsst cent
No. No April 30 "a, M"yl7' a. book 49, see $4,000
S No. /" 3 E. a 49,, /"
MOI ,. 500,
Also four several bonds and mortgages made BY the
same company and due July l. 1855 each of which
lots % by 100 feet in the ward in the city
OF and are situated on the south pier fronting
the Atlantic Basin Said lots numbered from 81 and
Nos Dated Recorded Book. Lots. Nos. Amt
July l. 49, July IT, 49, lTop - 81 81 49, $500
5 { { ! +: s ~: & $ s, s 8 !:
Also bond and mortgage of Jonathan W. Cutter dated
Nov Is, 1863 and recorded Dec o. 1863 in Oneida coun
~ clerks office in book No 81, page and covers s7N
As Of land part of lot No ST. township O. Scroas
patent reserving an equal half of mill seat on the
premises 22 acres of lot No. u, north half township
date, for 81, 500.
A recent mail from Lake Superior brought excellent
accounts from the Forest Copper Falls North Western
Phoenix, Algomah, Humboldt, Winthrop, Star, Toltec
and others We give short extract from letter Of
the Totec agent to the treasurer in Boston, fol-
lows
ToLnc MINE, Oct. 20, 1S54-The mine is improving
finely and getting out every day good stamp and
barrel copper, and small varying in weight from
three hundred to thousand pounds each. The Toll
tee mine will rank among the first in the country in
less time than year As there is value copper
good many will regret selling their roec stock for S
and Sc share when they the tons of copper
ing to market You wrote in your letter in regard
burning Our stamp and barrel work; you may rest
spred that there will be work left undonc in relation
to getting COPPER TO market II is copper that will tel
iii We raised bushels Of i potatoes aes So
Jay All supplies up except aaaa asssH%f
house is full at the mouth Of the 0ntonagon.
The report Of the St. Louis and Iron Mountain Rail-
road Company gives the annexed statement Of subscrp
tons TO the capital stock
County Of st. Louis, payable in bonds. $500 900
City Of St. Louis, do. do............. 100000
CITY Of Carondelet DO. do............. $4,000
Am !. Mountain Company, payable in CASH. $4,000
Madison Iron and Mining Co., do....... $4,000
County Of Washington, do.......... $4,000
Contractors, do......... $4,000
Individual stockholders, do.......... 212 800
Making total subscription of...........s 81 400, 900
To which add State credit NEUTRALITY-SUSPICIOUS.. 5000
ana TIE sum 20, 242 800
appears the amount of at the disposal of the
Directors counting the bonded securities par value
The revised estimate Of Engineers makes the Of the
road finished complete the Pilot Knob including rolling
stock depots land damages interest engineering Office
expenses and contingencies, ~ 000 leaving deficit
Of nearly two millions Of dollars to be otherwise provided
From the report Of the treasurer it will be that
the total collected from stock subscriptions to
date, in cash and bonds, is s4i5, no. wiz
In bonds of the city and county Of St. Louis 90
Bonds city OF Carondeet. $4,000 90
In cash from subscribers. 05170 90
To which add prod of bills payables10, 39l SO
First instanen Of the State bonds $4,000 OO-69 39l 80
And the total receipts cash and bonds are s5l561 50
or which there has been paid out
For construction in cash 2Sq5l 81
In bonds Of the State. .$25, 900 90
In bonds Of the city and county Of
ST. LOUISE. 10000 OO-7l, 900 90
Together. r.. 500, oS1 81
For engineering, cash .............. 1882 q
For contingencies and oflice expenses inclpd-
'ns SA1. geailent, SECRETARY, ireasd- =, 80 ~
For land and damages for right Of way. io74s 70
For real estate 20,177 10
For interest Observation-Disclosures. 9i8 So
For fencing. .................,... 80 90
Making disbursements ACKNOWLEDGEMENTS se,1l6 40
Balance s3es, 4ls 10
On hand. city and county bonds. S279000
enrohdeht bonds. 1900
State bonds. ...................... 81, 600
Total. .s32e, 900
Oyerdrawn treasury, in cash. difference. 553 81
-, .ooo 49, =.
From this exhibit il will be that comparatively
snail amount has been paid Of the calls made by tine
directors stock subscriptions, In cash. The install
ents called for old stock amount in tho aggregate,
TO 65 per cent exclusive Of the 10 per cent due 10th
December 90 per cent having been called from recent
subscribers, payable at the same time