The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-03

s2OS,A0e for the corresponding month LAST year
showing m increase Ills yea- G; n, 105.
Tho Mayre Bank mss declared Q dividend Of four
yer cert; the Oriental Bank, three and q half PSF
osrt, payable Oh the l0ta sHs..; Loriillrd Fire IL
nsancs Com pany, fonr per cent; Wells, Fargo 4
Sos Express, I've per cent.
FcseigN exchanges continue qujst. We have 10
eAsJge to make in quotations, bot 1t 10 tae impress
asn that rates for the max. steamer VIII ruse 10 Ver.
Judge Roosevelt, Of ire Supreme Court, gave IN
sYdef shs morning declaring tie Empire City BANK
~nsotveni; that the assignment msds BY ire bsnk is
sGd; that the Injunction b permanent, aId that
The United States Trust Company b 70 ,eiver.
Liquidation 10 greatly needed 10 prevent frsads so
s~cnfnpslly occurring in our raiirosd companies,
very many Of shem never coming to the Eno Wedge
81 The stockholders Until 1t ss TOO late foy an adsqus.s
sssne6y, o beautiful illustration OF which kSs lately
bssn exhibited In .he affairs OF tie Harisn Railroad
Dprpary ,knos n AZ "Schuyle risn." Had there been,
dlsrrg mia official connection Nth that Company,
monthly reDoIts q their affairs in . concise form, a.
10 nov 10 contemplation, by authority OF tho Lsgis-
ktufs, thoes Fl auds could not hive besn committed
Directors Of all railroad companies never impa-. any
Information Of It's affairs and business to their stock
hddeis or anybody else unless compelled, and il ia
high time that our Legislature passed measures OF
We important character now contemplated by fhsn
70 prevents these evils. The disqualification of tie
Harlem report was q mystery upaeecuntsole, but it
tso 70 longer. Wiz few exceptions the present d.
rssa 70 Of The Harlem rcsd wers in he direction At
Ne Anne Schuyler was present, and that FOR O lp1g
sns prior to his Sudden departure borro we'd money
No saJ the diviceRos on the stock, aud this a,psus
IN ms pr essnt report.
II tho mauagsia Of the Reading Railroad in tbsir
1890 "a 49,.
- explaining heir relations with The Mi ms Hill and
Hehoylkll Haven RAILROAD, 1t would have contained
Moss valuable Information for the gtochbolasrs than
an they have glysn pni ~togeeheY. IL would then
! have appeared that several Of these gentleman are
personally int crested in this latter road, which Ia
~ rrincip 81 fseter Of the Reading; and that abe
Rs.mg sends lis cars and sDgiuss ever it . dis
tsnss Of tssnty.one miles after coal, withou, getting
my poy for the service; 80 thai, in fact. there are
ScrO-swo miles run on tho Mine HEl rosd, besides
lizety three niles run In returning with empty cara
Som Richmond to Postsvile, for which nothing 10
eaned, making . .otsl Of 1876 mics RON 81 q ioss.
and only 90 at . pro6.. Nov, what yoa1 caa N Ike
eanh dividsnds on glcn runzi1g2 BEu, the report
ssnsains sona valuable information. Il tels she
Stockholders that "the Increase OF capital stock Ii
neyer 20 cease no long - tie business Of the road
tDcreases.o This ia 1a1lsg The bull by tie horns,
aGd would not have heen unworthy Of the great
Aasnoisr Of TIE New York and New Haven Rsirosd.
In moof Of this policy being continued, WI find TIA:
~ company 10 subscribing $500, 600 TO the Lebanon
Valley road; that Il 70 purchasing we know no: how
nuch stock IN the Mount Carbon roSd; that II has
bought the Willow s.rset road = cost Of $3.50, 900,
ne value Of which "can scarcely be over sstiIrSse6,b
bus which, nevertheless, is in sch . broken do vn
sandhiea shas $4,000 more ia rsquisits to pu. i in
cudsr, and co IL eli this we're rot enough, the COM
pany 10 going into re wn.ersupply buIness, and
'Hegoss,ioHs are now pending With tie PoiAvins
Water Works Company for q .un supply OF pure
water" Moreover, y I" moderate expenditure" 10
ysquisi.e fox accommodating the new connections
Wtsh TIE northwest; Ire exact smountis not sts:sd,
I'M an assurance Ia given hat IL win 70 "insigaid-
can't eomSEsd with the sigh. millions" which these
connections have cost Add thst the company 10
h want OF . msrchsrihc and passenger depot In
PAiAdelphia, estins.sd TO COS. $3.50, 900; that it isE.lI
bsDdipg stone bridges, and cove:.rg more real ss.s.o
hPhilsdelphss; that 1t 10 paying upwEGs Cftl0,O0O
. JsAx for horse power 10 Brad street, is pu-
sAasing new engines and cars; Ia stu >. work o,
~ wAarves st Richmond; has . monster mscnins
bop on In hands; hss laid upwards Of rIs miles
Of new iron during he year; has Transported coal
81 tn increased expense OF zen per cent, and through
passengers as a increase Of nine per cent; anl
fssly is carrying Abou. seventeen hundred .hcu-
sazd dollars Of n ating de& at sxorbitsu: rates Of
hterea.-s dd eli This Information together, and 1t
ds<s net equal in value that which u withheld re-
aectisg ihs cations Of ne managers OF zoe con.
rsny with tie Mise Hi sad scbcylk- Haven Rail
Foa6.
7hs snnusl report Of the Connection. River Rail
road Ccmrsny hIe last boon pubisfed:-
me receipts from passengers fer the year ending Dec.
we're sia5, $50 Agatnst si31 60 for tbs presiding year.
the total ree.ipis .r the year 1904 we're ear, ITO AGAINST
q total Of Sass, al for 1858. The total expenses Tor 1854
s;,s q. s,sG Il; ,sss 's.oS I" sss s.ss = q: IL rs s! S.s .s ..i 1sssss, 1s 90
sing from South Vernon to Keene. The net revsnae for
ss year has bean $50 s2s, ysIsins : d,,sssa ~ per
Z sao; = 1855, $4,000; in 1854 asOos r.. number
isSs, 90, s2o, 10 1854, 7s'2ie. rhs increase h.. year
wssmach greater than the increase Of 1852 ever 1851
ne same causes which have absorbed all The in-
Gsass Of gross rsoeipk upon other railroads have
bad tie like sfsc4 upon this. Its expensss hare
Zen h:ge.y increased By tie increased cost Of fusi
AboY aud materials u consequence Of This he
vsy farea haze bssr raised from three 70 four cents
ankle, szi al avsfags sdvaace Of about nf.,c1 per
cant has been established urcn ia old pics for
freight ard passenger transportation. II his does
.ct suffice to,a fair profit the directors intend 10
0hse Anotosf soVsp IN ZIG cn6kesb S1dy 10
sslyag 70 ob.Aln o dssnt Remuneration for their
work Nd capital N 4. 10 possible. Tbsrs 10 a point
bovever, 81 With high fares VII either invite .
ruinous competition or timinish tho amount Of trAs
Do, and this should BE- carefully avoided.
The transactions .. the Assix:s,t Tresscer's o.
dee k<ay were - follows
Receiver i. se3,sil 81
pavm.nts, 1871 IL
psla for Assay OBSERVATION-DISCLOSURES. lsI,os4 II
Balance 1oH,os0u1
ne warrants entered ~ the Treasury Der art
~>~xs wa.hir a IN. ON Abe 3lst ul, ws,s-