The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-13
FINANCIAL AND COMMERCIAL.


HONEY MARK EFT.
FRIDAY, Jan. 1915 Pm.
A further Improvement was realized in quotations
fof stocks today. At the first board Panama bonds
advanced rer cent; Illinois Central bonds, II; N.
7. Central bonds, Il Canton Company, 4; Nicaragua
Transit, I; Cumberland Coal, l; N. Y. Central Rail-
road, ]; Illinois Central Railroad, /; Panama, 2;
Erie Railroad, 4; Harlem, 4; Hudson Railroad, Q;
Northern Indiana Railrcsd 4; Reading Railroad sold
At 70l II, stock dividend Of ton per cent or Erie
Railroad closed .. ~, buyers option; Nicaragua
Transit since yesterday morning has advan sei per
cent; Harlem preferred sold to-day at 70 per cent,
the first sales have noticedfor some time. ILL
nois Central bonds sold largely to-day 1t the Inn
paovement. An offer Of s0I per cent was made this
Morning for small lot Of the new issue Of Ede
bonds. This was probably made for effect Many
Of the bidders for the loan have put their bonds
IN the mar ket for sale. II they realize profit,
they will make their bids good; II mo-, they will be
wanting when called upon. N. Y. Central Railroad
was quite active to-day, and there were sellers ali
wsys-buyer's and sellers option.
After the adjournment of the board the following
sales Of bonds and stocks were msds at auction
$4,000 Cleveland and Toledo Railroad incomes. 661s
5000 Columbus, Piqua and Ind X r. LIST mort 72X
W shares Excelsior Fire Insurance Co. ....62 81
20 DO. Parker Vein Company. 10
~ DO. Union Iron Company. ........, 90
1000 do. Union Gold Mining Co. Of NC. 1ls
Al the second board the market was not as buoy
ant. Hudson River Railroad fell of pc; cent;
Cumberland Coal, ! Galena and Chicago, Il New
York Central Railroad, l. Erie bonds, 1875, s,ld at
s1a per cent. The sale Of but one was reported at
hat price, and it was probably mask, to Ak, II
possble an advance on the rates at which the loan
was taken.
The failure of large barking house, doing bust
ness in tls city, at the Wess and in California va,
reported this aft rnoon In Wall street. just after the
departure Of the steamship Star OF the West for
Nicaragua. TIE amount involved Is very heavy,
and road entaDglements at the West Is said to be
the cause of the suspension. The report was not
generally belisved-ht al events Il did net disturb
bull stock Q, eculatorg much or create much excite
nelt in financial circles.
The transactions ct the Assistant TIaasurer's
efice to-day, we're as follows:-
Received. $l02 234 OIL
plyd Zen s ;f AKA al AZ
Balance Ills, 752 81
II At meeting OF the stockholders OF the Knlcker
booker Bank, held few d,ys aince, it vas de ided
to raise tie amount Of money necessary TO make the
capital good, and to business un Ter a new
name. The deficiency in the capital amounting to
shout 5000 600, was nearly raised by subscr tion
on the spot The old directors have resigned, and
new board viii be made up. IL Is {, be hoped
that experienced men will he found to manage the
affairs of tie Institution, and that the system
pursued by the old management viii be avoided.
bank Is much wanted In that locality, and, ii pro-
peYly conaucttd would pay gosd dividends.
| The New Amsterdam Fire Insurance Company
has declared semiannusl dividend OF fonr per cents
ths Delaware and RaIitan Canal, and Camden aad
Amboy Rsilrosd Company, dividend Of six per
cent. The Bank for Savings. Chamber styest, will
pay interest on It's deposits the l5tdnst ct the
rate Of five p'r cent per annuu GA all sums under
fvs hundred dollars, and 81 the rate OF four per
cent on larger sums. Tbs Greenwich Sayings Bank
will pay the l5sh inst, crest OF the rate Of
nix per cent per Rpnum on oil sums Of five hundred
dollars and under, and 81 the rate FIVE per cent on
larger suI1s
The net profits OF the Michigan Central ,ilroad
Ccmpapy for the psst six months, 1867 1873 Ca
which leaves surelus OF s27 ola g. after the pay
ment Of the six per cent dividend. The capital
upon which The dividend is paid Il, In round mum
beY, IS goo: Toe gross receipt, Of the last six
months were about 81 l6s S37 20, with $500 1858 65
Of expenses and interest account. The money
canned bss been used in construction, assisting con
nectirg roads, &c. There vas disposition In toe
board at its recent meeting TO pass the dividend en-
tssJy, but IL was at last decided TO make stock
dividend.
The Superintendent of the B,nkiug Department
has declared final dividend Of eleven per cent on
The outstanding certiG stes for redemotion Of tbs
notes Of the Atlas Bank, Clymer Il presented wi.ain
six months from Januaryl0.
The warrants entered at the Treasury Depart.
ment, Washington, on the 10th inst 1ere:--
For the redemption Of stock............. s2,2o3 81
For supplying the deficiency in the revenue
Of the Post OH 20 Department Tor tbs year
ending June 80, 1855, and for paying for
mail service for the two houses OF Con-
eress and Departments .............. 1,lI6 90
For "a wing Treasury debts.............. LII %
For the Customs. ACKNOWLEDGEMENTS. 28Y3yS II
Covered into the Treasury from lands...... 644 %
vor the War De m RI ment ........,,.. 49, 2JS 81
For repayiug In the War Depar tment ... 2T0s2 IS
For the Interior DepaI tment 1927 81
The Texas Treasury exhibit 10 exceedingly inter-
ssting to her poor creditors who have been waiting
he payment Of their claims for tho last ten year,
The balance Of the general fund In the treasury con-
ssts Of sl66 o62 in Specie scd "a SIS 900 Of atci
States government stock. This is exclusive OF
IS O00, 900 United States government stocks ct
Washington, which neither Texas her creditors
san get ~itaont an act Of Congress, whi;h oaghs
ppg since 70 have been passed.
The Bank Commissioners Of New Jersey report
that twenty four banks have been established uader
the general law; ten are In operation, eleven have
given notice Of winding up, two have been stopped
BY iDjunctions, and Is being proceeded against
The banks still In operation are toe Hudson CD.
! us.k rttv. Ma Uark Cffv Rank. G.o.ral