The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-02-14

Albert h. Nicolay's regular semi-weekly auction
sale Of stocks and bonds will take place tomorrow
(Thursdsy), at l2s o'clock, at the Merchants Ex-
change.
The Niagara Fire Insurance Company have de-
clared semi-annual dividend of ten per cent pay
able on the 18th inst.
letter from the engineer of the Wabash and
Lake Erie Railroad states that nearly all the ties
on the ground for the road to the State line. The
track is being pressed rapidly, and the road will
open to Logansport by the LIST of March, and posi-
bly, by the 25th Of February.
In the Assembly Of this State, yesterday, notice
was given of the intention to introduce the follow.
ing bill, ito prevent stock gambling :"
Sec. l. All STOCKS, whether State stacks or bonds or
the htochs or oohds which
shall be sco Vt The Stock Bard In the ciry OF Nsx Yotk
or rwise shall o. delivered purchaser on the
day OF sole or ON The following DAY such sale shall
Sec q All CONTRACTS for he sale delivery Of such
socks or boo ds ~ other tins than which is
Irovioed in the act hereby declared void and
fraudulent
Sec ANY violating the provisions of this act
shall BE- liable Indie ment oefre aly court Of rs,ord
in this state and c.oyicon snail oe subject Pc
nahy of $500 for su offence, to imprisonment ct
Sc. All acts sarvs Of acts inconsistent with this
act are hereby reseale5.
sec s. Til act ehpu take effect Immediately.
The Boston Journal of the 18th inst says
Stock hac down ward tendency during the whole Of
last week, until Sa uroay after 'bs pobcation of the
foreign when without muca increase o. BUSINESS
there aecoed alteration for In the gene
raj tone OF tire market The serious decline
noted IL In rail way which, in instances
are from to PER cent lower than at the beginning
q ' 60 Ha /" Sd c Sss s s.
ern Western and Ftchbarg the deshue Is smaller
| or thee roaos have ut the time advanced bat
msiny in c eque 90 of similar movements in the Nav
Yo'k ma kst Michigan Central parti .ulsry EXHIBITS
marked imp ovenent closing at 933S bid, gain Of
nearly four per cent curing tbs week. Bank
compsi ativly scarce at quotations. and show higher
prices, with scarcely exception the list The fac.
that these stocks selling With n.ary the whole
April dividend earaed, Is attractive Tea pur-
chasers and quite likely to act sti more favoraoy as
the sNiog opens Factories have active the
beard but are quite firm. We notice more incns ton
to trace in the fances anc among outsiders thsre
ale signs of turning interest in stock The
most prominent Friday and Saturday vas Vermont
and Massachusetts Railway, which from 9A vent up
l0h, with considerable transactions for this market
Iolsec WAS more lively abo at sghs advance and se
Royaie IN demand o. H. The bids East Cary,
for The reluctance II holders OF these to
the marke fair business would be the result of this
Few impulse
We gave few days since the round figures of the
land sales Of the Illinois Central Railroad Company
in January. The sales amounted to ll,4Sl 36-lOO
acres, averaging SIS "a per acre, amounting to
$l75,057 46. 1t is, We learn. the intention of the
company to sell during the present year its lands
most remote from Chicago, SO as to throw as much
business at as early day as possible the great
est extent Of road. The lands nearest Chicago are
increasing in value 30 fast that the company intend
holding them as long as possible, to derive the
! greatest benefit from the improvements going on
| about them There are valuable tracts of land To-
Gated near the junction Of the main road aud the
Chicago branch and it is the intention of the com.
pany to bring these lots into the market at once
The object is to get settlers on them, and to get
them under cultivation, for the purpose of ex-
tending the companys traffic operations Under
the administration OF Mr.. Osborn the President the
most comprehensive policy has been pursued
throughout all the departments and we have every
guaranty that every resource will be made available
to its fullest extent. In the early stages Of this
| company it was badly managed, and for time it
| was doubtful If its immense landed estate would
realize the expectations of its friends Fortunately
better men assumed the management, and wiser
counsels prevailed. The government fell into the
hands of young, enterprsing and practical men, and
the company now occupies position equal to all
that could have been anticipated Its landed estate
will net sum far greater than the companys entire
indebtedness, long before maturity, and the stock
holders will have magnificent property in the rail
road, at small cost.
The following statistics, taken from the records Of
the Boston Custom House, will show the loss in the
trade with Russia which Boston has sustained by the
Eastern war. During the two quarters ending Dec
81, 1863 before the war, there were imported iuto
that port direct from Russia goods to the value OF
s5l3,647. For the corresponding quarters in 1855
after the war commenced, the imports amounted to
only SIS, 400, showing decrease of $425 23s. None
OF the goods entered in 1856 were from Russia di
rect as her ports closed but the whole was re
ceiyed Though England and Prussia.
The annexed statement exhibits the condition o
the banks Of Massachusetts on the 4th of February
1856, according to returns made to the Secretary
| State:-
| BANKS MASSACHUSETTS,
Liabilities. 80 Citu 1873 Country. Total
Capital. $3f $50 900 26 027 900 81, 1887 OO(
Net circulation. 462 084 IL 469,9 II 922 OOf
Deposits. IL, DOL 2l8 6,091 654 Il, liz
PIo6!s on hand.... s,s49, 1856 1851 634 $3.50, SIC
Total $50, 462 038 a. 0i0 1o3 72S, 64s