The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-12

Balance for dividends. 81 3ae, esi
This ia equal 10 Ga per cent on the capital 30 tar,
then, the business Of the year 1856 concerned
have demonstrated the correctness Of position.
In the comments made upoa review OF the report
Of the Central Railroad Company by those whose duty
appears be TO keep the properly before the
people, and Who labor night and day sustain the
ing fabric o. stock jobbing the expense OF everything
hat ia sound 10 business we'll heslthy 10 public
morals, we hpd this declaration
The truth 10, the surplus income Of this and the pre-
cedng years n 81 SOL 600, the whole OF which !
cssh sns cash items on the Goth OF septcmber
We have asserted, from time 10 time. tbss report. Of
railroad mansgers we're made 10 msead the Pablo
mind TO facilitate the currency OF thek bonds and ocs
the resdy 70 borrow money and 10 induce specu
ston in order 10 sustain prices. The above paragraph,
,sken from the OF railroad spoculaors establishes
this truth. u Ia Intended 10 deceive. Such statement
demsnda for s proper solution tho sing figures, to
which call particular attention. Against this item
sad 10 be hand In osh on tho BON Of September,
lste, or In eash means, there 10 due for
Due trustees Of various roads, on demand ... I5ss5
August and September disbursements ior opera
g roao, paid as due At the date o. the report sec COO
I',eres, accrued to sept 80, the dsie OF the re
propor,cn SENT .pDa. dividend 81 per cent
sccrusd from, August TO sept 80, tho date OF
inc rePo'.'...... '''.''s'.'''''''''.''.' Sissls
1mmetste liabilities SEPT 60 ls5s........N 296,os9
Balance on hand 10 cs.E and cab asn,, sst
o. iS"o'''.'''
Actual balance sept 90. 1850 .............. s,9s7
ore " the tams included IN the OF cvh means 10
bills receivable, which may or may not Le paid, Of
si92 Sea We ind the actual ngurcs from the ocal re-
post Of caso 81 sls 30 instead o. 81 sol ooo
statec by the conpsuys srgsn Givios the company
the benefit OF this excess the following the true
OF the case a. 10 their Acihres
tash aafk auh M
Iess biis receivable. 1g2 eos 90
Cash IN hand sept 50, 1855 Observation-Disclosures 30
Due as before stated and accrued " date 1,7sb o93 90
Aaual deficiency Sept. 40 Is5e......... silss77 10
Inc facts Gd figures here presented are conclusive
They establish fully what have before declared to DO
uue and what the oompauy's organ have attempted 10
deny. They snow that the managers Of the New York
Central Railroad Company have verified the state Rail
road Commissioners . pelpsble 70 sebood. They shov
ibsi the policy which has bsnkrupted nearly every
railroad In the state the policy Of this ooaied corpora
ton, and that Is In reality 70 day DOT one cent more
valuable than the New York and Erie which selling at
e2h . So per cent The policy which destroyed
the Erie Ne hudson River the Harlem, the Long Island
and many other ruads that now pursued By the New
York Central they spend their EARRINGS 10 seep the
property from decay and borrow every cent they dvids
TO the stockholders Construction account alone serves
10 sesp them alive tbs loans Of The Central Company
Of seooo,too aimee 1858, demonstrates. In the face Of
theee ncontrcy sr,bls facts labor s too severe no
ecris eft untred expcdlents uadevsed TO keep VI
the steam Of pubhc excitement "a lis favor 90 that the
price OF We stock and bonds be ms'ntslued In the
market To eGectth. the columns o. the compare orr.ns
are hlled with mrepresentsrou, while sr,csl envoy
sg--cs rPcr TIE Lo'dor E1,s'cg" - sAty o 'scc'