The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-17

and Msstspp " Michigan Southern, preo rred, Y; Co
lena and Chicago, n Chicago and Rock Island advanced
u per cent New York Central, X; Reading, Y. The
market closed weak The actual bona de operations d
the board bagatene. Speculasors make trans
actions among themselves to get them quoted for outside
effect but they fail in the object Wow. Outsiders are
too sharp 70 be deceived in this way They have dearly
bought their experience and we trust will do them some
good.
The Assistant Treasurer reports today as foNows-
I'LL To. Soo.ot o.
ro.a pa? InonS.' ....................... e9so oS
Iota oaance 4,2S,3i6 ~
The receipts to day include S'4 900 from customs.
The steamship America, from Boston for Liverpool TO-
day, carried out 81 M 400 in specie This much larger
than anticipated.
The exchanges at the Bank Clearing House this morning
were sl3 eo4 49, and the balances paid amounted
$s8S, 1884 80.
The Cleveland Paineeville and Ashtabula Railroad Com
pany time since declared dividend of ten per cent
In cash. and an extra dividend Of five per cent in cash
stock at the preference OF the stockholders
sequenty discovered that the right of the company TO
increase its capital stock doubtful aud the money
having been expended in construction &c, meeting Of
the stockholders held, at which a resolution was
adopted recommending the directors 10 rescind the FIVE
per cent extra dividend At subsequent meeting Of the
directors this done. The per cash dividend
is payable on tho ID Of january prox
The receiver Of the Mechanics Banking Association has
announced final dividend Of fifty per and interest
the claims allowed against tho Mechanics Banking
ISOLATION
At meeting of the Hartford Common Council held on
Monday evening" the Mayor sent communication that
received official notice that the which falls
due the LIST January 1885, upon the bonds held by the
city, Issued by the Hartford Providence and Fshkll Rail
road Company would moi be paid in full by the company
resolution passed provide for the deficit by the
city.
The interest the ID mortgage bonds of the Hudson
River Railroad Company, due the 10th inst will be
paid at the oce OF the company No SO Warren street
We by Geographic despatch from Washington that
the Finance Committee OF the Senate have introduced
bill authorizing the issue of Treasury notes. 1t does not
appear what rate OF interest has been determined upon
but if anything above merely nominal fixed il is
simply fatal mistake and the object in view will not be
accomplished The last issue of Treasury notes bore
sixth Of per cent interest," and nearly hun red
thousand dollars OF them still outs andng To allow
them to enter into the channels OF com
merce, rate of interest is necessary only
avoid legal difficulties regards currency II they
bear rate Of nterec of three per cent they
will DO abso. bed by large capitalists pass into strong
boxes and pocketbooks fast issued The
can raise ut twenty millions of dollars
the commercial community a great service by
furnishing facilities for exchange operations BY all
means fix the rate of interest small that il will
not enter into calculation in passing the from hand
hand. Mr. Secretary Cobb million dol
lars per to the government, and at the
aid the financial operations OF the mercantile classes by
putting sixth fifth per the issue of
TT asury notes.
The annexed statement, compiled from the companys
official annual reports, gives at glance the actual nnan
ca results Of the operating departments &C. of the New
York Central Railroad Company for the three years ending
September 3d. 1856. We republish it, in consequence of
the typographical made the aggregates this
morning
NEw YORK CENTRAL RAILROAD
Total earnings from passengers 80 60 ,121 40
Freights 1897 ,a64 %
MAILS &C.,. OBSERVATION-DISCLOSURES. b9o,o1' Do
Total gross earnings in three years. 90 ,263 81
Total expenditures
Construction. 80, BIS 63l 90
operating. TO- o. 3b4 %
interest,". Z,}ZSol6 Id
Uyidends.. o,sol 00l 58
--25,5 45,o OLA 70
Excess of expenditures over receipts, in
100 w
This has been provided for az follows
Increase Of capital paid in. 81 ,922 ,676 SO
Increase Of debt........... ,Oa2 ,o98 81
az osf 77a 10