The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-30

now, aud with stronger disposition to sell prices
must give way With most inflated railroad stocks
| the margin for fail Is very great The New York
Central is considered very high by foreign capital
ists, un1e' tle most favorable circumstances, but
with the Doubt that exists relative to its finances,
they will not touch 1t at all. That there Is "rat
In the mcl tub" as big as ever found in any other
railroad company in this country, no one who is at
all posted can for moment doubt. One of these
days some of the inqusitfse stockholders will fetch
him out The Erie Railroad will without doubt be in
the handsof receivers in less than sixty days The
new President. Mr.. Moran has stipulated that if,
during his absence in Europe receivers should be
appointed his interest shall be protected. This is
wise precaltion.
The Assistant Treasurer reports to-day as fol
lows =
Total recclEts N3l 2s2 81
aots, p'yihnu .-..............,..~... LeoVo0 ~
Total balance. ACKNOWLEDGEMENTS. 1895 'iS 30
The receipts to-day include S25 900 from customs.
The Phonix Bank has declared sem-annual d.
vidend of four per cent. payable on the 4th Of
January; TIE Bank of Commerce. a semannual di-
vidend Of bur per cent, payable January a; the
Seventh WId Bank, semi-annual dividend Of five
per cent, payable January Q; the Mechanics and
Farmers Bank Of Albany. semi-annual dividend of
five per cent. payable January l the Bank of
Albany, dividend of five per cent, payable at the
same time.
The bonds of the city of Brooklyn, dated in iS45
and lS4S, which fall due on lst January, 1853, and
all coupons of the bonds of the city payable that
day will be paid at the Long Island Bank on and
after the I'd day Of January next on presentation to
the City Treasurer, Crawford C. Smith. Esq.
The Philadelphia Press states that the banks Of
that city have unanimously agreed to make up and
publish weekly statements showing their condition
on some particular day of the week to be hereafter
specified.
Official notice has been given TO holders of bonds
of the city of San Francisco issued in 1854 and 1856
and known respectively as the "fre bonds and the
"cyil bonds of 1856 that the coupons for interest
to become due January 1 lssS will be paid on pre-
sentation at the treasury in San Francisco on and
after that date.
The La Crosse and Milwaukee Railroad Company
by the arrangement just mad, for the sale of the
WATERFOWL division is released from the following
obligations
Western division-1st mortgage bonds $4,000
ilwaukie City bonds
Secured by I'd mortgage .......... 200 900
Secured by Sd mortgage bonds ll3,tpCS628, 900
Proportion Of ID mortgage Of 81 10000
upon the whole route. ,......... $4,000
Columbus Town bonds. Observation-Disclosures. 3loo0
Sums due contractors Observation-Disclosures. 5000
Total. 81 900 900
The sale of the road has been MADE TO the Madison
Fond du Lac and Michigan road, of which Judge
S. l.. Rose is President. The security given is
mortgage of the property purchased making trust
fund of the earnings of which the interest and
all other claims are to be paid, after meeting the
current expenses. The sum OF 100000 in cash is
also paid to the La Crosse road and the bond of
the Madison Fond du Lac and Michigan road given.
This last company by this purchase procures route
which in connection with their line. will enable
them to place Western and Southern Wisconsin in
connection with the pine regions Of the north.
The Duncan mills, at Franklin. N. j., are again in
full operation. An order for cotton machinery 20
the amount Of $4,000 has been received by the
Rogers Locomotive Company of Paterson. The
machinery is for the Mississippi penltentary, the
convicts being employed that description of labor
The Naumkeag Steam Cotton Company of Salem
have declared a semi-annual dividend OF per cent
on their six month earnings Of s3l 000 leaving a
| surplus Of $1,000.
The Caspee insurance Company of Providence de
clare a dividend of 10 per cent. payable on the 18th
of January. The Waterbury Bank and the Citizens
Bank Of Waterbury have each declared semi
annual dividend of 8 per cent The North American
Fire Insurance Company of Boston will pay divi-
7 dend of per cent January |. The Boston and
Roxbury Mill Corporation will pay dividend
january.
The annexed is comparative statement Of the
exports. exclusive OF specie from New York TO
foreign ports for the week. and since Jan. L.
1865 1885 1857
Total for the week. 1851 ,5ss l,2s9,TT3 5p62l
Previously reported 6s s420e5 1894 0so 72242 SIS