The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-19

xVo 10 HDnoiB Centrai haircad, 10 pid)..... S0t5
Simeon Drsper's regular semiwsekly auction
sale Of stocks will take rlsce tomorrow, Tuesday,
81 hsHpast IL o'clock, % the Merchants Exchange.
The receipts 1t the Office Of the Assistant Trear
sMer of this port to-day, amounted 70 $57.l54 81;
payments Il, 346,37l 81, Of which q 600 900 was
transfer - the billion fluid; paid foE assay ONCE,
$o7, 5l9 65;-bAlance, ~ 239, lS9 &c.
"A few day since 1875 shares Of stock in Vie Trader
mems Bank, and las shares CT scrip stock in The
same Institution. were sold IT auction, It the
Merchants Exchange, at log 1904 Per cent.
Within the pant year this stock rAs sold - high ~
llos 100 pr cent. When the stock sold at these
high prices il carrisd siain upsn large shp!us
which hsd for ssne years bsen ACCOMPLISHING. Tnas
surpius wss divided some time slsos aznsng tho
stockholders ct the ime in tho shape Of SCRIP ana
pert Of The sales MAJ at auction ON the l2,h ms.
Was Of that scrip, and part Of the old stock, surplus
dividendef, The bank win, npon the expiration Of
its present chatter, continue buiscG under tbe
general bssklpg Law.
Ever since the inability Of the directors OF the
New York Central Railroad Company TO pay in
cash The baK yearly dividend declared in Angus.
last, and tbs consequent gradual decline Of rs
stok since that peroa, ths.s has been the geeatess
Or ety manifested by the stockholders. The fear o.
another failure to pay the February dividend also
very much sesravates thai unsasiness. Persons in
this city and Boston interested in tie road who hold
large quantities Of the stock feeling anxious TO bs
represented in the new board, dispatched messen.
gers to Albany, the headquarters Of the ceotral
power, urging ths importance to thsm Of having Z
voice In the incoming board. Two directors in
this city and one tn Boston were guaranteed on con-
diton that the proxies in those cities ware secured
IN avsf Of the ticket which should be presented on
the day Of election. very few out o! the city Of
Albany were coguzant Of any such arrangement!
Wednesday last ives the day Of election, when the
H,ket presented contained the names OF Schuyler
Livingston and Edward G. Fsile Of this city. ard
Nathaniel Tbsyer Of Boston, in pa Q Of John VII
khson u Syracuse, Henry B. Gibson, Of Canandai-
qua, and AzariAh Body CT Rochester. There was
no explanation gives, no reasons assigned, for sum-
MARTY dispensing with the services Of those three
experieBsed gentlemen. Mr. Wilkinson was, ct the
time Of the consolidation, and had besn from m
early period, president Of the Utica AMI Syracuse
road. Under bis mAnae emsns, that portion
Of the line between the Hai son river ana Lake
Erie yielded . very rich psr centags to
the owners, It's stock reaching frequently
a high n thirty per cent above par. His
skill A. indefstissbIe industry together VITA the
admirable discretion constantly used in bis general
supervision and superintendencs entitled Nv. Will
knscn to the mert which Was univer sallg coaceded
him, Of being one OF the mort successful railroad
mans gers in the country. Mr.. Gibson having f)r
many years been connected with the Aubura and
Rochester road and M. Body with the buffalo and
Rocl ceter, are alec gentlemen OF pras .cl expe
risnce having, during their connection with those
reads, rendered themselves perfectly sasisfac-
tory to the stockholders whose property they ha1
in charge. There remains mystery IN this mater
which must sooner or later be cxpl ined !, and the
entire transaction laid bare. Those s.ockhol iers
who have confidence Ia these men viii know the
reason Why they were uphsstatingly thrust nom
the bosrd Of diectior 1t seems that the stcckhold
ers present at the election on Wednesday we're com
yelled, by some means or other, to place their osn
names upon the hack Of the tickets before voting.
Why iuch an oct Of espionage Was rssorted TO can
be imagined very easily. y~
Although . report Of the affsirs of the road,
sworn to by two OF its officers, was submitted to
the nesting, 1t did not prove satisfactory 70 the
tocktode present; for as soon Is the eecsion for
dii ectoss Was ended, meeting was held. Chancel.
Tor Walworth was placed in the chair. At this
u-cUssoB Ie0outiou Woc aaoPsou REQUESTING Soo
directors to appoint Mr.. Swift, Of Boston; Mr. Stab
birs, Of CazeIovis Madison county, In this State,
and Mr.. Battele, Of New York city, q committee 70
make examirasiors Of the books and alters cf the
company. and present specific report Of the man
sst msnt Of The road during the preceding twelve
month"; 1t has not ye. been decided by the new board
Of directors whether they will permit scrutinizug
investigation Of such character Another scar h
ing resolution was presented by Mr.. Leavenwosth,
Secretary Of State soliciting information upon these
points, az well sotsers viz: Whether the directors
have been in tfe p actce Of purchasing from any Of
the officers or agents OF the road supplies and ma
terials for rtpeitsor construction; Of what amount
kind, quality and price; whether said dire tors have
purchased from on officer Of the corpspy site for
depot IN 'he city Of Bun3l and IL =, tNs price
Iah nnsioi; sLsiLsr ,wo LSrcrsd ard Gisy sc'e,