The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-14

rros- ray improve bat after thai ws NAY loos Tor
RAPID decline In vie~ q Gaancal dGcalies Of Tie
company -ouA b. much better 70 appropriate the
tasxs which have h<sa - long the nnars.t 10 tue
psymsnt 81 tho aoa.ss eebt and 20 the i'm.
Trossmsss 81 the reAa-sy and machinery than
- ths p~ym~ni Of dividends The bonds at
pa i.saeA fcs The payment 81 the August and
rshruary dividends would give the sto.khollsrs
sheuf three pr eent for each sx months aud II would
tale tee mlons q the three million. 81 bonds
su.A TIE dsidena declared July and paid yet
drs-s interest," which for sh~ six months already passed
aids uy~srd~ q thirty thousand dollars b the principal
These Miils issn. male large aggregates and consume
the esrnsng- very last. The dscne to-day 10 Mica
rasaa -sDs-hat Surprising 10 attrlbstsd entirely
70 the - hssrs Who obliged 10 realize
sisa, ~aenses. Al rr-.sai pr'oss the eompsnys pro-
psrsy would rsase~a 10 value % about million Of
asars Al the date u The lat report June, 1854 the
yalas 81 The compAnys property estimated at two
risn eight hundred thousand asll~rsequal TO nearly
forty cellars yer share n that sppraisement fair
asa just The aspree In the market value Of the
stock cannot be oihr~-@ than temporary, and must be
produced snty by the depression In all sorts Of bust
affairs rsrs q doubt but that the stringent
times have rsdsr.a the 10 aud from California
but II mast up again times improve, and aiu
mstsly h. a. profitable a. Il ever has been.
After the adjournment u the board tlr following
sales Of stocks and bonds made Al aaetoa =
5000 New y.h Canal a. 1870 in,eres added i0il.
5000 New Nork City water a's, 1850, do. s0A
so shares Harlem RairUad preferred stock. 7oi4
Al the second board quotations we're in 10.
stances shade better Erie Railroad went up !, per
cent: Erie Income bones =. Central Railroad fan OF y
per cent; Nicaragua Transit, ~ With the exception Of
Erie, the fsnces gate duh this afternoon. We
small salc Of Ohio Life and rrs.t Company 20
per cent.
II s reported that subscription. 10 The -four nh
lion loan the Erie Railroad Company rcins be
rally and that the aggregate 10 full lE an,ic
Iat.d at this early day. III Understood that the sub
scorpions made with the that the toads
VIII be issued At eighty per cent, ara dscoun; OF
twenty per cent from tho par value. that the
xmum, fear the proceeds will not be sufficient
pay OF all the companys floating liabilities and the in.
bonds The resignation of Mr. Nelson Robinson A.
director had been before the board timc--ong
before the financial system Of the company was
perfected-and there is therefore, truth In report
that he had withdrawn because he differed his a.
sociates regarding the negotiations for new loan
We know he does not approve Of the present financial
policy Of the company, but has not abandoned II on
that account
The circulation of the Central Bank IL amply secured
BY the deposit of ars class securities with the Comp
troller On the 9th inst It's circulation amounted to
sS3,133. The securities held for the payment is
notes follows New York State fves s57, 0S3
New York State 51a per cents 1000; United States
skies, 53s, 700otal sos, 633. This leaves good
gin for contingencies. Bill holders perfectly safe
The interest agents of the State OF Illinois given
notice that an instalment of fifteen dollars will be paid
each thousand dollars Of the stock of that State
on and after Monday, the LIST day of January, 1853
This increase Of Fifty per cent the last pay nen
Il eduaI To haE cent on the
of the original Estate debt
There is such institution the city as the Empire
City Savings Bank and the Empire Bank which has just
failed had savings bank connected with IT, The fact
that the sixpenny Savings Bank Of the Empire City -
was, at Its commencement, located in the building with
the Empire City Bank created the imp that they
were connected in business. The "Sixpenny Savings
Bank Of the Empire City - is distinct institution con
nected with bank of ISSUE standing alone upon its
own merits II is governed by large board of trustees,
composed of Of most solid men, and is in the
full tide Of successful operation Its condition at tie
close of business the 18th inst. annexed =
SIxPENYY SAVINGS BANK or TIE EMPIRE Cry
Received from 4 70s depositors sls4,21o So
roao oePositors.. s0,2lS ~
Due depositors. .................... se3, ool 90
Loaned bonds and mortgages on real
estate, worth double the amount loan
Expenses from July I, 1858, to date 1857 4s
The interest account in favor of the bank is not IN.
cuded. 1t is estimated to exceed three thousand dol
lars. The bonds and mortgages held by the bank
pose the first lien upon improved productive real estate
located in parts Of the city where property has
no fictitious fancy price. We believe it to be OF
the safest savings institutions in the city. II is well
managed, and we know some of the gentlemen in the
board Of trustees well enough the public that
their deposits are in good safe hands
The receipts at the Office OF the Assistant Treasurer
this port, to-day amounted to $751;, o22 payments,
81, 644-baance, $5,e5s61s 81. OF the payments,
81 600 900 placed the credit Of the bullion fund
paid Assay Office to-day SAT-, 504 95.
The steamship Africa from this port for Liverpool TO-
day, carried out So, 4oS in specie
BY the arrival of the steamship Pacific at this port
from Liverpool we have days later intelligence
from all parts of Europe The is considered
favorable Quotations for breadstus down. for cotton
down, and for Consols down. Money easy 1T three
and half per GEN.. but there activity in any Of
the markets. The low rate ruling for money in
consequence Of the absence Of demand for commercial
purposes Trade in the manufacturing districts
very much depressed In consequence Is sad of the
gloomy accounts from this SIDE The advces from the
Crmea not calculated to give favorable impulse to
mercantile matters, and the probability Of new loan,
to large amount being called for Immediately upon the
assembling Of Parliament keeps consols low points
The last returns Of the Bank Of England, compared
with those OF several weeks previous, present the fol-
lowing results--
BANK OF ENGLAND.
Actual Gold Coin
1854 Notes Issued. Circulation. and Bullion.
October A. E26, $3.50, 40 f20 577 965 E12 9O4 Cos
&C 21.... 26,818126 20,871, $50 Is, 405, 978
2S... 27O22,3 20,935,8S5 13,577,426
November A., Is, 96Q, $50 2O,6O3,6l0 49, ,O26
H. %, 900, $50 1889 035 1859 1876
4" 49,. 2e,852,42o 19,S2s,27O 13,494,7
According to this there had BEEN during the week,
decrease in the bullion of both departments Of
f4e0 in the notes in circulation Of f55s329 in the
private deposits and Of the private securities
In the public deposits there is increase Of fsiO34
Of &C. e2 in the rest Of S16 $50 in the government
curities, and Of f314, sos in the nstes unemployed.