New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-05-01

United States Bullion lsld coins).''''' ~ y 4co %
..............flis.coo @
!; $4,000 %
Total deposits pay able IN e0h''''' $1,000 %
goa Bar; tn t. Mint, Phiad cOase 'S
Winslor. Lanier & Co. will pay on presentation on
and after the LIT May, the coupons iavs due Oh .a'
dav on the following securities, viz: Madison aud In
dananolis Railroad Companys LIST mortgage Y
cents: Indiana Central Railway LIST mortgage
certs. Marietta and Cincinnati I'd mortgage Bonds,
~ con,s scioto and Hooking Valley lst mortgage
Is90o 600 loan y cents; City of Madison, Indiana,
!, cents given 70 the Columbus and Shebyville Rail-
road Company; Marensville and Franklin Railroad
Comnepy's let mortgage T. cents City of Cleveland
I, cents given to the Cleveland. gainesville and
Ashtabula Railroad Company.
The stock firm Of Sands and Wills has been dis
solved. Messrs. s. s. Sands and f. b. Aymsr have
formed house under the title of Saml. S. Sands &
Co., and Mr. A. j. Wills continues the Stock Broker
age business in his own name.
The interest on the Bonds of the Evansville and
Charlottesville Railroad Company will be paid at the
Office Of the Farmers Loan and Trust Co.
At the recent meeting of the Directors Of the La
Crosse and Milwaukee Road there was free discus
sion of some of the leading principles which should
govern railroad management and financial operations
Among other subjects that of stock and bond dividends
was thoroughly examined. The effect Of such div-
dends in the case of other roads adduced by TIE
opponents of the policy. 1t was shown that this
method of dividing profits unsatisfactory to share
holders and had no beneficial effect in sustaining the
market value OF the securities of the roads-that
the public found it difficult TO understand that two
certificates of stock were of any more value than
one both representing the same thing. 1t was
finally resolved by the Board that the settled policy
Of this Road should be never under any circumstances
to make stock or bond dividend; that the earnings
of the Road should be divided in cash not at all
Under this resolution the only future issues of secur
ties by this road will be the Land Grant bonds
and the accompanying privilege stock. The July div
idend was talked about, and il was informally decided
that it should be y cent in cash. The earnings it
was understood would justify somewhat larger divis-
ion, but II was thought best to retain good surplus
II was believed that semi-annual dividends OF b g
cent could be permanently sustained, with an occa-
sional surplus dividend in cash.
The Humboldt Fire Insurance Company has been
organized with cash capital of 100000, Mr.. John
Rankin is President and VIM. Mulligan as Secretary,
and the following Board of Directors, containing the
names of many of the leading merchants. The Office
is at No. 10 Wall street:
D,eetoy,-John Rankin President samuel P Holmes, of
Bowen McNsmee Co; Anson O. Phelps Of Phelps Dodge
Of Elery Gibbons Alfred Large Of Lomer Large Co
Walter Griffith Of GTfth Co tI i s. T. ~ Ib,ns
Nelson 4 Co Robert Booman of Sampson Baldwin;
Samuel Sloan President Hudson River Railroad J9,has H.
Brother C. B. Caldwell Of West Caldwell 4 Co. W. H.
MeCoe Of Ely Bowen Mcconnell Jr%e D, MGhsys Co o.
George W PIqn Of r ps5op ~ R W wm Street L. kR 4sst
Bulpn No o6l Broadway; Nathan Lane Nathan Lane
Co; Solomon Freeman, Of Freeman Hq,tedi hoeIs1r
p OF W% Batyn wsrd
Newell of tIohine CHAM, Newell Coz Henry j. Baker # H.
J. Baker Co. George Barnes. Of Banes Lyman Co; Nm
Allen Of Allen Mclean Buckley John Armstrong, of NJ
Armstrong son. Edward Bridge No u Dey street Henry
l. Burr Of s; Bame, Co D. R stsniord No sol Bror1
way; Andrew Comstock of A. W. S Com'tocki w d.
Thompson of Mason Thompson
The May interest the per cent Bonds on the
New-York Central and the principal $50 900 of the
old Syracuse and Buffalo section of the road will be
paid tomorrow by Messrs. Duncan, Sherman & Co.
The business of the Clearing House was s32 s5S 900.
Exchanges are in favor of New-York, both on Phil
adelpha and Boston and from the former city We are
receiving daily supplies of gold.
The telegraph announces that the bill to prevent the
boarding of bank notes for the purpose of sending
them home for redemption has been signed by Gov.
King. 1t was originally thought he would veto it
under doubt of its consttuonaity.
Tie Syracuse Standard states that the Onondaga
County Bark of that city has filed notice of the ill.,
tention to close up business. The Institution was
established under the Safety Fund system, and was
the Oldest Bank there. The circulation will be re-
deemed at par. 1t is said that portion OF the capital
will 90 into the Ontario Bank at Osweso.
Mr.. A. S. Milford has resigned the office of Cashier
of the Mechanics Bank of Brooklyn, in consequence
of il.health Mr. G. w. White, the First Teller, has
been appointed Cashier.
The Independent of this morning contains the fol-
lowing list of failures, assignments &C.:
NV Howe G a N9TwaS i Me- . suspended
T. g. Mock Windsor, Locks Conn, suspended
.5 aSSE Allen NF"'f0'1 City suspended Liabilities about
3 G. Weston Co; New York City suspended
6. B. Conkling, Brooklyn, NY. failed
X s9 v sa,R Bsv Ei Y risS s .s s .,a
II. c. Grant, Bsinbridse, NY. assigned.
Z. II. Conover, Head Quarters N: Y. failed
J. Stewart DeBuyS Sons, PhiadePha Penn suspended
but will probably obtain an extension and resume.
Morgan Hnchrsn Plunstesd Penn property advertised to
T. L. Parker Co.. Baltimore Md. reported in Onr last as
suspended consequence Of loss by fe have obtained ell ex
C. T. d. Wood Psducah Ky, suspended
Miller Wentworth, Crclevlle, OHIO assigned
RI Wood, PortsmoTth Ohio 6 Suspended, a.s
il / s. Robinson, Crawford.vle Ind, suspended.
G Afm nstr Detroit, mich suspended and sold out
N. Fryer Brother, Jefferson, Wis, su'Pended-it I"
David smith Cottage Inn Wis. suspended and sold out.
John Trssk Co., Dubuque Iowa suspended
Tie Springfield illinois, Journal, of the I'D,
says
Illinois legislature Governor Bisse removed Mes Rdsey
Manly and Calhoun from the Tuseeshp Of the Illinois State
made appointments consisting Of GUSTAV. Koener T.
Brown and Richard Yates The public have had ntimston