The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-24

:. o.. 3os Sal ss5 $50 as2 400 500 2yy

Tho above quarter tho duoat exporting period OF
the year. white It active importing pcfioi as II
ccmpiAcd the nc goods Tor the fall trade arc
tered Our crops 60 70 ward much until after
the 3oh Of September hence tho difference between in
rorts and exports exi ibtcd sooye.
Tho annual report IL tho New York Central Railroad
Company presented 70 the stockholders the 18th inst
and since published 10 pamphlet FORM although in It's
OUTSIDE seeming fair and favorable, documsnIs
usuaIly are, reveals facts Of somewhat remarksbie
chars ctsr. While Il shows undeniAhy that the gross
receipts Of the road very arse and annually incrcas
ny 1t falls 70 convince that tho profits decn
ing We find that bet the date Of consolidation and
the Goth September lasta period twenty nno months
Tho gross receipts have sls4ss 6a5 while tho
pense interest," and eight per cont dividends TO
81, 200 1872 leaving only the ANAL balance Of t2es 23.
EvU We code for argument sake, tina: tiis is an
hGsst exhibit With nothing concealed or nIsrcp-
re.erted, the sbavc balance Is . specimen % very
closs shaving. Indeed, We know OF no other
Of the kind In which largo and respectable
parry, corcssody doing enormous bu.iacss sails
close TO the Wild be is receipts aod i pcndi
lures II Is, In fact less than three fourhs OF pcr
cent on the capital; and his arer than two yssrs'
Of rtmailsbly prosperous business In which ID.
paDy hxye conved to swell thei gross receipt. largely
from year To year. The receIps o. last year oIceeded
beso Of the year preceding by s13osi aud taoso a
III, pretcnt year t6i5 In advzoco ~ the receipts
ofls- year u be apeciy obscrved ina tis great
increase Of bGfincss effects inc, Of divi scd1
which remain Al Ter directors fail lsa the
stockholders Why this 4 what adv .ntge there Is
IL augmented receipts attended By increase proat
scnai annual duoends Of four per been paid
ever sfpcc consolidation. We mast suppose shA. tbs
company had ct Tho time OF each dividend nearly the
same amount Of surplus theJ report II indeed q ~
have had surplus at any time; and the past two
they report Increase ~ gross receipts CON
ID with tho year preceding Of 81 TIC 900 while their
showing produces the idea Of any Ia the
not receipts. Thi, state ~ facts, although apparently
pune, IL easily explained Of tho above meusicI-
Cd increase si 7'e,oeo) nearly the whoc (sa5g $500
has Teen from freight, and hav, tho
authority q the prcscni capable state Engineer (H,n
John T. Ca's Ia his last report 70 the Legislature tho
rail oods Of the STATE for stating tina, the income Of the
Central road forn large portion Of this bran ii Of
ueE business not sufficient 70 interest AID
erpsnses1 In other words, that freight II carried a,
los.- That officer pronousces railroad epors regard
10 The cost Of carrying freight 'faacioasp Tho inc
from passenger busross during the past year has beon
than 800 7l5 and In tho last mouths (Oc oLer
and Sovembcr) there has actually BEEN filling ofsi6
"a a. compared Win tbs corresponding period Of 1854
The exhibit made BY the directors poor eaough When
e,refolly sxamlssd yet by prepared %
hat this picture IL not favorable We beilsve
truth 10 b far We avoid tho eonciu,cr
from the premises Furnished thst the Dividends anil the
current expenses for operating he road and Cor rcpsirs
have been drawn, 70 the extent Of OIL 900 900 81 lsa
fron tho construction fuDd-thai the company has Ia
fact ben liv its capital There 70 doubt
the correctness Of the state Kngns report Ia
spsct 10 tbs expenditures Of freight badness
aud both that ocss aud ether eng nser ofequ sahnr
y, estimate the actual dsprccis0n Of propsry tho
New York Central o. high hAif million snnusuy,
Q and aeovc tbs allowed In the report Cor
PAIRS. Whence tho money required 70 kssp the
rad god, 70 make current repairs and 70 pay aydsnts
current Gpsnsss kcs 1hs construction aeoouni has
creased in twenty nine month The enormous u
ejIt2 ets. What has become q this sunni VIA, esn
tie ompspy shov fbr M Tia. D.. the construction
count been largely increased cor Legitimate purposes
Have not shs eoupssy diverted =. sas, sl,so,co o.
Ito p~y diviasads. kc.i II mo-, rl shsy shov sha,
,hsy have aons With iu
II vlr b seen By the following CORES sondenos hat
oosnsas Vanderbilt, Ia, has ssyons~i ar.~sr
os tho Nicaragua Transit Company % "a ths vseAs,y
MADE By the r~sgnsslon Of chsrsas x0rS>a, Ia. We
uass thai in the appointment " agent In place o,
NJ Nogss resigned, she eomyany vl "a ssay ea;r.ly
VIII The commission principle anf employ ssav.
spsrgeslc ~ liberal saiAyope who vfii b per
se,y ssmpetsn, 70 sarsinisss Al tho sssirs o. TIE
sssney Ia promps asd ssasfssisTr nssasr.
Krw Yora, Lee. a. 1856.
G. vGSurrnnr Fsg -
IsJs rp--i hsvs lss pleasure - inf0rns ysa ths 49,
meeting u tie dlfesiors 81 t easaay hcsi tbs dr.
,hs soliesinx -s-oistisp va onasls .Sssy sdsps1i
hesoyet, hat Z. ysadessii, Lap b, saa AsfssY 4,