The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-11


received june annual statement ahOve rarrsA
TO- $50 ooo prosssds Of second norsgags seads
for The present asc year cannot fail abort o. N Co CO.
Deduct the two cent csah dividends and there re-
mains ., oce oeo. In a., s.y-
From second AerteA9e Bonds. eS60, 900
From 10 per cent stoox Issue. NEUTRALITY-SUSPICIOUS.. 500 Uoo
Net earnings over cash dividends. ...... 0Oo 900
This woa aid leave the company 1T the Of NE pre-
scot fiscal year in May next with I'll floating debt pad
~. ssn. c.sn cv VIC paid entire snoS.s Of es1
surplus remaining over ct the commencement OF the
year. and $500 900 laid aside from rene ~ai fund
respectfully submit that with this OF the posi-
ncn OF the company the stockholders might reasonably
loos for something more hereafter 10 yer
dividends II all the money which estimated in June
Ast 10 De wanted for the payment OF the floating dsbt
and the completion of the line, has been realized, Why
should not the constructo b. closed aud the
Those earnings have been shown be The neighoor
hood OF 80 per cent B it appreherded thss they will M
of to 10 Der cent? Or mas the company upon
ONE new projects9
In the absence any officer any person capable Of
explaining to khoicers in his city doc
Ct The company have taken the liberty address these
inquiries you hey BASED upon thu last snnda
report, and upon known scts which have trarsptred
since. .aItDg them In June last, vi n no esst-wih
no further cOnru ucon money requred-wita hoar N
ing rapidy increasing business and with every pros
pect If being able to thirty per cent next year
well as this ne are not little srisec Ct the Of
The compsDy's circular recently issued. We there
tolc that 'the cirec ors believe I" from careful
mates, &C. hat the com ANY viii 'doubHess be able
TO pay "ten per cent per in cash oivdeads ant
that the surplus net over the ten per viii be su
cient 10 answer future wans"i
Even this oderate prediction IL not hAzsrded without
extra caution. "lhere Ii little productivity" told
tBat further issue VI bends will be ne essssy SC Tne
circular positively say that s0ads vii
he lssued nor even that ten per cent cash viii bs aid
VIII you, my dear sir, the goodness to II Ata
What can the directors mean by nnurg future issue
OF bonds, when they have already realized moacy
than their estimates Of last june called fort Such things
unexpa ned, necessas lily raise doubts 20 he c0mP<
ieIcy OF tho direc and 0ther~se than To-
jari US. stockholders have . right TO En,w the roA
concion Of the company ana the plans OF i directors
The importations last week were comparatively
small, and the aggregates OF our foreign trade do
not vary materially. The exports of merchandise
were rather less than usual while the outward move
ment Of specie was more active. The serious inter
ruption to navigation is the principal cause of the
moderate receipts and shipments OF merchandise.
The severe weather at has detained great
many ships. We shall have small feet along soon
The difficulty in loading vessels and the delays in
of the depth Of in our own streets
and in the interior tend materially to limit all opera
tons connected with our export trade. The follow
ing tables give the particulars of our importatons
and expectations during the week.
CnpNx Dom Euvw