The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-02

100 North kiysr Yirs Ins
3 k.ers ihs ius Co.
w..sipg,op sirs ms
oEsunsb's sire ins. co................,.........
!. !i:as:.s' sasas ss.:: xssss; m'~,....S;,
800 fsaAs sssf r .ss s. p:s
| ALTO, by A. h Muller
- St 60 Louis ana per cent. %
20 :hsrss Ne. York and Ers Railroad 7sS
10 HmsisIdam Fire Ins 60 Observation-Disclosures. a Az
i ss:,nsa Y IN ny Gre ms @
H.. =, IN ~ Co.. %
fern s, >Ss. Is isE
80 Mechanics Ba. ................... ok
Mr. Albert H. Niooay ~. hold special sale Of s.ocEs
ard bonds tomorro riday) II l2k O'Clock, q the Ner
casn's' Exchange. A desirable List will 30 offered.
The failure OF OF the oldest and largest hous1in
Boston, connected with the manufacturing business, IL
ported day tn liabilities must be very heavy, and
effect such suspension cannot DO otherwise than Of Tho
most unfavorable character.
At the second board lower prices ruled for nearly every
sale made. Missouri e's fell or one per cont Bank
Commerce, y; Cumberland Coal, 1; Pepnsylvama Ca
Conf any, l. Michigan Central Railroad 2k; Chicago and
Rock Island, i Mlwauke and Nssissipp, TX La Crosse
ard Nil sauke, 4. Altar the board wAs almost imps
Able 70 sell stocks at any price, Michigan Central was
offered down TO SS per cent New York Central Railroad
Was hardly saleable pretty we'll settled hat the Feb
ruary dividend Of all Western railroad stocks cannot be
paid. rhe New York Cen vA Company viii either pSs
theirs altogether, out down two or three pes cent
II would be better for oil railroad companies 10
pend dividends II once, and whore there are any net
earnings let them 90 twds reducing their floating debt
The great difficulty will be 70 find the net earnings The
business on al our Western railroads ID reported 10 be
perfectly horrible Conpkred with last year OF the
companies win shos falling of Of forty and atty psr
esni. this conanues-snd do not amp alternative
even the smallest dividend will entirely ont Of the
question The Chicsgo and Rock Island pay nothing for
the paa six months The Pusburg For. Wayne and Obi
csgo have pot forth the following circular In explanation
Of their delinquepcy;-
OFFICE OF PnTsBuRe. FoR1 wAYss AND CHoAaoR. RI
COMPANY, 81 William st N Y, Oct l, 1857. !
The temporary suspension OF specie pay mens By the
n s sIn Ss S q
this company remit nom PittAburs but Ia part TIC
FUNDS In bis hands for the ment Of inrcst dae LIT
Rail7f ad Com pspy income bonds Ohio and Indiana
Railroad Company second mortgage bonds so far
haze been made interest warrants have already
Esae n exchange be obtained In Plthbu and %
st Of the rccep. Of read coming the hands Of
which canro now be SOL here any price that holders
would 90 Jusaed accepting and the sase Of the money
market p.ecludes temporary loans 10 the exsency
constrained TO AK brief indulgence from the
of coupons until our funds can ome forward In
BILE expense will be spared 70 bring them hare as the
uetl pcssble moment
ieiest day has been heretofore given upon
snoes the Pitubure office that the would be
remied In due time The suspension OF the Philadelphia
and Piisburg bal ks had not then occurred
The underseDed deeply regrets this OK panaon 81 do
lay unforeseen IL has been unavo liable, and he
simply asks nom u, Interested 10 extend TO this
company Ibis occasion fair Of the rsly
confidence which essential 70 to prosperity
the derAnged and depressed bnsaees interests OF the
country. JOSEPH x. EDaER1ON, Woe Pres
Tho Assistans Treasurer reports % day ~ folows,-
Ftai rece p0. $loy,l!t 90
Los psy oleoa. ~
Total 5Aisnco.. 625S,s3l Oh
Albeit EicoIay viii hold spe Nal sale OF stocks and
bonds 10 morrow, FiidayD u lax O'Clock at the Asr
chapts' Exchange.
Dapers regula- weekly sae Of stocks and bonds
win take place n the Merchant ExchaDge 70 raw,
Fricay) at j2k O'Clock.
The sbsen Of the California steamer has unfavora
BILE effect on financial affairs She MOI overdue - re-
portei by telegraph Her remittance Of specie anxious
y lacked for II win help banks materially The Sub
TreasuYy paying out largely, and the balAnos reduced
70 . lower po.n. than has been known for year..
An Injunction has beea served upon mo La Crosse aud
Milwaukee Railroad Company 10 prevent them paying the
n.sres, due to-day on the Barsow" and the 81 Croix
and Superior Railroad exchange bonds
The Milwaukee and Mississippi Railroad Company pay
the interest IL rst mortgage bonds but denquon
on is income bonds and floating debt This u last a5ou
what We expected In the company.
TIE Charleston q. bank have resolved not 70
pend specie pymene' All the extreme sou'eern oanh'
are, -c oeneVe, suorg ana can sus'sn themselves
Tie heAdiNs hAnoAa company pfompuy pSd 'no inse
rest ace 70 dy On ~ ooods ana renewed Yer! "ucn ine
Mines o. no'eo''
The Fsmers and Nechsn,cs' Bank OF Williamsburg has
,u,pended n Was q small bank and has long been In
,,.. 81, ,--,..,.- -. A.. !. =. 80,
w"A ooa'aon' ine 0''ousS'o u'ue' ~ s0ou'
sioo 700 on the deposit Of New York stats stocks
IN. po.s or he bank 81 Ieopardyve of ths State and
- ,.,-...-, w. p.r :, o.....,,,,, a.. o.,
oi 'ne nhosePo""S nAnA' ooAAo0"u', ss NS"
out this morning, In addition 70 those previousy men
vorss
-. :, .....s. -. 49, ..u... -
Inc no"oa ppo" ,"'c.uV s"e 'ne .nneAea
oorroot nt OF oA1n 'he ohm Oh Wmon are n0 rc~eivca
tho Suffolk Bani -