New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-12-20

Harlem. ls,. Panama sold at los. The Columbus
steamer, lying Of Panama which was sold at auction
here . few days $50, s to be put on ss freight
and passenger steamer along the coast from Panams
north touching at oil ports where she 10 likely 70 OBJ
lain cry business. This will, IL Is believed, bring
cor siderable traffic to the Panama Road The Pa
c;ae Steamship Company viii also dispstsh steamer
from San Francisco south, TO touch at al the ports
The Western shares generally were dull, excepting
Illinois Central, which was in demand at 99l' Gum
berlsnd declined 4 y cent; Nicaragua soid az III
bio, and Ohio Trust at IS. In hsilfoso Bonus inc
business was mainly confined to limos Cen'fai'
which are being freely bought Tor ioregn accoua-
The sales Of this cesciphon reaco sl4'ooo, coSing
st So 90 advance Of y cent Enc, 1879, sofa az 90,
vb;cb /, halter; Goshen Line improved Il y cent,
,elpe AT s3 New York Cent al 6s sol, and 70, 100;
Er;e 1862 slI; 1885, 90. In State Stocks the trans
actions we're not large but the quotations strocg.
In Exehu &c there is nothing Of impor ,arce doing
and quotations are as before noticed Tne;e Is no
foreign steamer on Saturday next.
In Freghts we notice engagements Of 5000 bushels
Grain to Liverpool at about 9d 500 bbls Flour, $751;
more now asked 100 pkgs. Bacon $685., and some Cot!
ton 32d a ID. To London, 600 bbls. Flour IA Sd
100 toe. Pork, 100 boxes Bacon, 1000 bbls. OIL and
90 tee Rice, 45s. To Antwerp, 10000 bushels Rye,
l5d.; $50 tuns Loywood, ass. Two vessels to go to
Boston, Of $500 bus. each, with Corn at sc. bus.
The business Of the SubTreasury wsE Paid,
sl9o,296 So Received, sl95, $685. Balance, s4,l3,5Os
Paid for Assay Office, 81 74O 90 Paid disbursing
checks s5a 37l 80. The payments to-day and yester
dsy include s35,0O0 California drafts. The receipts
include $50 600 transfer drafts on st. Louis.
The Mechanics Bank has declared a semi-annual
dividend of y cent payable on the I'd Of Janusry
The B, ston and Msine Railroad 2 cent payable
Jan. l.
The Western Mass Railroad 81 y cent payable
Jan. A.
The Columbus and Xenis Railroad Company has
declared semi annual dividend pay able 10 January
in the bonds Of the company.
The Michigan Central Railroad Company declared
to-day at Boston semi-annual dividend Of
p cent, payable 2lst inst making, with the July
dividend, 10 y cent for the year. The dividend on
stock registered in New.York will be paid at the
Farmers Life and Trust Companys Office. The
Company is stated TO have earned much larger div
idend than the above. The figures, which shall
have in day OF two will throw some light upon this
subject portion Of he Direction was favorable to
an = cent dividend. There is some controversy in
the Boston papers in regard 10 this road. 4 cor
respondent Of The Boston Courier says, in reply to
some remarks OF that pager:
sTbe eight per cent bonds sold las. Spring al dis
count of 10 z cent were issued to pay other bonds
with then falling due. The January dividend was
paid in stock because the money was used in payinga
portion of TIE floating debt The rosd has earned this
wear So 800, 900 gross. Deduct GO y cent from ex-
pepses and deterioration, and there will remsin
81 900 600 to pay cent interest on 100000 of
debt cent on the Sc 600 900 Of stock, leaving
surplus Of SAC, 00O'
To which The Courier says:
"The writer is entitled the benefit of the abo
explanations which DO not, however, controvert the
statement of which he complains. He speaks of "
cent dividends only, but the general expectation
amcng the dealers has been 10 y cent-namely, y
cent alre ady paid in July, and y cent more to be
paid in January which would be proper enough, pro-
vded it be actual net profit in cash hand. But the
corporation has floating debt beside its funded debt,
aLdfa constantly and largely increased its consruc
ton account for number of years past, thus making
it difficult to ascertain what the real net earnings have
been, and whether not il will again resort to borrow
dend in January"
The Bank Of the Republ, has received the money
nom the State Of Virginia for the payment of the In
tees on the deb. of tbst State due January l. The
The amount due abroad was RENTED by tho Bank
some weeks ago. This sstties the question OF the
prompt pay ment of interest by VIgnia, which no
sensible man ever do1b ed.
Albert H. Nicolays regular semi-weekIy auction |
sale Of Stocks and Bonds will take place tomorrow,
lrhundsy) at l2l o'clock, at the Merchants tx
cberge.
The receiver of the Mechanics Fire-InsursnoeCom-
nsny has cor Guided an arrangement with the Equita
BILE Insurance Comps of Londoo through their
agency ct New jersey reassure all the outstsnd-
ing policies.
Resaes Of the Few y cent loan Of this Safe have
been made TO- day at 1902 1t is very seldom thst III
yesters have an opportunity to get long New-York
sY cent at so Email premium.
The Bank Commissioners Of Connecticut have OBJ
tanned an injunction against the President and Di-
rectors of the Matsatuck Bank a concern which has
recently been started at Waterbury, on the ground
that the stock large proportion of it subscribed
for by citizens of Connecticut who did not intend to
nay up the whole amount OF their subscriptions them
selves, but who paid the 10 y cent required by law
to the Bank Commissioners, and imme lately on re-
ceiviDg their stock transferred i! to parties resident in
New York; that Of the Board Of Directors only two
resided in Copnec icut ana they some fifty miles from
Waterbury; ard that the orgsnzstio was not with
the bona fde intention Of providing such bank as
the charter requires. Judge Stors continued the
case for one month. The Directors Claim that the
Commits toner's are totally Mistaken tina. the iustitu
ton was established on fair basis that the Directors
are respectable and Iespobe men, aud that all these
matters win be shown when the comes to hearing
on its merits.
The Boston weekly Bank Statement shows an In
crea,e of about 5000 600 Of loans and sO 900 Of spe
che. The increase in coin ia smaller than sntici
psted.
Abopt 100000 in specie has been received at New
Orleans from Mexico.
The weekly Bank Sta 'emeut Of the New. Orleans
Baks on the 9Th OF December, as compared with
the week previous, shows tbs following results: