The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-22
FINANCIAL AND COMMERC GAL


WEDNESDAY, Jan. 2l-eP. NJ
The upward movement in the leading railroad socks
still continues The activity In Erie to-day was feature
In the market Cumberland Coal was also In demand ct
higher prices. New York Central, Michigan Southern,
Cleveland and Toledo and Reading were moderately ac
tive little better rates. Al the nrst board Illinois Cen
trail Bonds advanced per cent Ward Goal and Iron Co.,
IN; Cumberland, q; New York Central Railroad, "a;
Erie q; Michigan Southern, Al Cleveland and Toledo,
u; La Crosse and Milwaukee, u. Hudson River Railroad
sold at ss per cent and stock not plenty at that
price, Erie opened at e2, and closed at e3 per cent,
with large cash sales. At the second board the
market WAS not so buoyant. Cum berland fell OIL
4 per cent Erie "a, New York Central e, Cleve
land and Toledo q, Reading -, Galena and Chi
cargo sold ut 1857 per cent dividend off, This equal
to III percent divide Only IS shares sold at
that price. This decline from the closing quotations
There stock in the market pressing for SALE The
stock market II sustained entirely upon the growing ease
in money matters but there il no speculative feeling
abroad and the advance In stocks Is not sufficient TO pay
the cost Of carrying them.
After the adjournment o. the board the following sales
Of stocks and bonds were made at auction
go shares Grocers Bank 1o4k
20 do. Merchants Fire ms Co .l2Ok
20 do. Commonwealth Fire Ins Co... ....... s4a94
EThe steamship ASIA from this port for Liverpool to-day
carried out $4sb,s oa in specie.
Exchange, by Mr.. jacob Little, for re sdmtance aas
member. He has made settlement with oil his credt
ors and there cannot be any objection upon that scre
10 his II Is customary, when An old membeIhas
adjusted all his differences to admit him 70 bis seat hpon
the nrst application, and have no doubt Mr.. Lb Will
be treated with much courtesy ~ any one heyeoofe
has been. The usual committee was appointed 70 9nsder
the application, and upon therrepors the mstteVi be
disposed Of.
We understand that the whole amount Of thob3oo 900
cash subscription TO the Mercantile Mutual Ma7e Insu
Co. has psubscrbed for, with the undtstaudng
that all claims against the company be captal BY the
parties interested.
The Assistant Treasurer reports 70 day AL 'ws:-
Total receipts 4sS 40
Toai payments. ....'....V 1ooo.S 10
Total paance. ............. .......... toi,<oo 40
Charles r. Marvin, Esq was oectct1 second
vice presideat Of the Board OF Stock = Exchange
brokers. Is
The Hanover Fire insurance Company -, Increased
heir capital s5o, 900, making now s2oot@ which
fully paid up In cash.
The interest coupons Of the New Haven an New Lon
don Railroad Company paid on preseaa'a a. us o.
Zee 10 New Haven.
The business on the Norwich and Wsfcccr Railroad
for December was as follows
December, 1856. a,
DeocmDee, 1000. ....s.s'' 80 80, -
Increase. ACKNOWLEDGEMENTS si'-'A 40
The Michigan Southern and Northc4' Indians Railroad
Company have declared q semi snnrn dividend Oh nve
per cent payable In cash. the 9Th February Tue
books Of transfer wilt be closed eturday, inc za'n
instant.
There will be largo sale Of stocks auction TO MORO"
at half past IL O'Clock at tho Merchar Exchange, j.
Austen AuC uoneer, By order OF David iusen admnsa
tor Of Thomas Bakey, deceased. sme valuable bank,
insurance and railroad stocks incpded In The list
A. Il Nicolay's regular semi wsexly auction sale OF
stocks and bonds win take place to morrow, Thursday att
half past Il O'Clock, at tho Merchant Exchange de-
srab 9 list Of securities will be oner,d.
The earnings Of the Catswsss ju's msport and Erie
Railroad, for The month Of Dcce<sr, saos q handsome
increase over the corresponding 'On'h last year
From freight. .''''''''''''so'se 80
Total. 70
Same month previous year. '''''''' o.
Increase nearly 30 per cent ........... fb,ia 90
The Panama Railroad Compa1y have just Issued the an
nexed statement showing tneSross income and current
expenditures for the year endlg Dec. 81, 1906
PANAMA RAN DAD. 1856.
Balance N e,ea income snooint Dec 81 1856 SOS Tss
Amount Of earnings received credi' same 70 nan
uni,ea STATE. Po., once Ion. rmcn,-m.l ser
vice Tor quarter ending Dec oo. ...i....'..: '-<V'
Earnings IN Dec for Which s,es ,hp A On M, me
Roys II MAJ s.s.m Packet c;mp.sy-helsh,
foreign treasure not yss s,jussed o,oso
r0,., as, s2s |
Deduct Interest on sterling ionds tsaoo,.
otc), including exchasgeand eomms
DEDUCT interest on; c.o.uivriisl. bond.
LIST July, se3, oW-3H .ercens',s9s |
bonds it Jan, $3.50 oo-sx
per cent immune. ''''''' o,''V ,oss.
Running expenses. per r,.urns chief en-
glncer ana superiniond""'''.'''''s' 1898
New Grafsdisn r.oovv,.iripinitns-propor,iOa
Dvidsua No S, paid JuI l.: ..sasaOaO
New Grsnad!An goverr"en'on s,oo
'0' . per cent - aoi,SiO s2i,7Ss
Balance IN credit nc, me account Dec 81 So s5s7 7se
Dividend No. Q, dscIrred jan ., on ~ Ieo COO
New crssssisn sotcrrment, proportion,
amer esnt'" .i................. $3.50
- 29s $50 |
Balance 10 Or irocrae sect after dividend. Al2io
The Indianapolis spd Cincinnati Railroad Company
have declared annual cash dividend Of ave per
cent cut Of the ne osnngs OF the for the
enane December 81 The business Of this road Is in
pno,, ncuri,hps condition. Tne following Ia q statement
a, n, e,ruus "a ana expenses Tor the six month";
fetal recely for ss months ending Doc 81 sSls 3s 90
Trtp,porsilon enses.........sl54,t17 50
taxes Tor year. ..ss.s...'..ss.s IVY OF
Interest. -. -. ........... 1921 90
--f212, 026 81
Net earnings -
Ont Of this baiarce dividend Of I've per been
paid, leaving surplus % sS2,ooo'
The following tse wiz snow the condition OF the Psuk
A. The .s NJ Missouri and branches on the sls of DE.
e mb.r-
BAu or srar, o, rrsOrsi AND BsAscHrs.
Resoarcei.
a IN oQ 10 |