New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-01-26

- ,o.... Cor the same time were e9i2ee 50, 70
.,;.b add the return premiums, re-insursnces aud
,,r.pses. and the expenditures for the year wee
s4757n So leaving net profit OF sl3s, COO 81. The
total assets Of the Company amount to VI sos 81.
The trustees have declared dividend of 20 per
cent TO the insured oct of the profits of the Company,
for which certificates will be issued the Goth of
February Intereet at the rate Of per cent win be
paid 90 the certificate heretofore issued the 5th of
February.
ghe business Of the Clearing House was si6, PSI 500.
The East River Bank has memoriazed the Legs
iature to have their capital stock reduced to the
amount Of 1913 eIs, the value of each share being
Fixed at SOS instead Of $50.
An application for a new Life and Trust Charter IS
before the Legislature.
The Norwich and Worcester Railroad Company
have decided to pass the past six months dividend,
which was undoubtedly their true policy. The divi-
dend declared sr the previous six months is not yet
paid and the programme we understand, 70 be to de-
clare another dividend in June next and pay both IN
bonds The earnings for the six months ending 3oth OF
November have been ISL 70
l'0'Vo W
e.l.nee................................sg7o5 %
Interest six months ~. "
x.....rt,,. .s94I53 ~
The business for the year ending at the same time
through 9 81 ~
Freight. 556t5 "a
Mails <-of' %
- -
Expenditure <I'' "
Bslance................................ss3t3s 9
r,,ere.. 4l5f6 -
Ne, earning. sBsl2 IS
II will BE- observed that the profits of the year, oil
but about sll ,OOO have been made in the last SIX
months of the year The early part of 1855 the falling
off in business was very large, but during the last
months of that year there encouraging revival
in the traffic, which continues. January notwth-
standing the interruptions from snow on the track and
ice in the Sound, will, we understand, show fair
gain on last year. The floating debt of the Company
is 500 COO and the funded debt s730,3s7. The avail
able assets are s239 3s4 The receipts of the previous
wear 1921, were 1929, 7ji, and the expenditures
SOL. DOL During the past year about $4,000 have
been expended for new locomotives and ears for the
expre4s train which accounts for portion OF the IN
creased expenditure.
The Park Bank have purchased the property known
as he Clinton Hotel at the head OF Beekman street,
100 feet from the Park for their location for sll5OOo
and will soon make such alterations in the building az
suts their convenience for the purpose OF banking.
The lot 80 feet front by l0j deep corner OF Theater
alley. The Committee who had the matter under
investigation for some weeks have finally decided this
70 be- the most advantageous location which could be
obtained in the immediate vicinity OF the Park. 1t -
central and equally convenient to the extensive mer-
camille houses which have recently located west OF
Broadway and that large and important class of iner-
chants VINO have so long maintained their position III
that section of the city called the Swamp.
The other half of the Clinton Hall property having
the advantage OF being the corner, with 100 feet o.
front on Nassau street, was purchased about three
wears ago by the Nassau Bank for about 100000
The portion bought by the Park Bank was under lease
10 Messrs Miller from the estate of Phillip Hone, with
the privilege of purchasing at s65,OOo. With some
expenses the property will cost the Messrs. Miller
about 5000
The opening excursion over the Allegheny Valley
Railroad takes place on Tuesday next goth inst. The
road is completed to Kittanning and will be pushed
forward to its intersection with the Erie road in due
time This line of road is of great importance as II
connects the CITY of pittsburg with Western New
York by short and direct route, passing through q
populous and rich mineral and agricultural country
The President of this Company is the Hon. w. F.
Johnson late Governor of Pennsylvania, through
whose able and energetic efforts the work has thus ia
been prosecuted despite the adverse times which have
prevailed for such enterprises from nearly the com
mencement of the work.
A dividend Of l T. cent has been made from the as
sets of the late Rochester, LOckpor, and NIagart
Falls Railroad Company.
The following are the comparative earnings of the
Watertown and Rome Railroad for the years ending
Dec 81 1854 and 1853: