The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-04-09


$1,000 cash; $s,oco Warsaw city (Ilhrols) GER csat
bonds dated May H. 1856 and due At the American Ex
change Bank in New York. May u. 1875. interest
Ious pay sble January and July LIST, 81, 900 each.
Tho above bonds Issued In conformity With act
Of the sae sisature authorizing tho ssue Of bonds 10
Id in TIE construction Of the Warsaw and Rockford Rail
road.
We cssnos illustrate the actual financial condition Of
the Usveapd ard Toledo RsroAd Company better than
ey placing gide Of the Harlem, for we know OF
better &C par.son than the po ton or these rsoads-
The NEW YoRK AND nAnLsx AsP THE CLEVELAND AND 70
LpDO RAILROADS.
Cepae! Aar!em Rasuead. Cleveland roled,
P.eerred stock. 81 6c0,Go $s,t0o,0oo
Funfed deet....... 074 sol boo GOO
FsostrE debt ... 9e6 4e8 46o 900
Total. IS .SoO,7dO s7,Uo, 900
Length Of road, miiea... I2s los
0ross essnipgs.... N,Is4,il3 $1,000, 900
In making Ibis oomparison We have len ost the old
s,oos Of he Harlem Company; ror ID literally annih
lated. For several yssn pest the Harlem Company
paid dividends 10 preferred stock. In January
last We believe, tbey resumed 20 far - 10 pay div
dead Of per oent the 81 ooo which absorbed
the entire net ea'Bings. This preferred stock
quoted In this market 1t 81 per cent. The Harlem Com
psny with gross earnings Of s,lss,lls could just me-
Dsss psy the interest ts funde4 and noasg dek,
ara dividend Of two per oest ~ 800 900 0. pre-
fevred ssook. RE uevelsnd and folsds Railroad Con
psay with gross sarnsgs 81 d 900 go preesads 70 bs
sole 70 pay the interest u aeang and landed debt Of
e4.oeo, oco. and ~ eight pss osas dividend On IT,
and footing debt n Just about the sams a. thst
o. the eveland and Toledo. rns preferred sock Of
shs Harsn Company less faaa one half Of ~ ssoot
OF IRE ueveisad and Toledo Company, aad ys w drst
u selling u 81 per cont and she last q % PSF osut Oai
Of gross Income a 81, ia 90, W Harlem Company
naraged 70 pay two pr dividend III a. 500 o0o
Of preferred stock, while out Of . gro@ issoms 81
o. coz, 900 the CsveIasd ans toledo Conpany repas,
INA. shsy able ply eight pr cent $500 ooe
We have pus down The Cleveland and Toledo sso and
debt ~ ~ coo. me Company AckH6wis6gs The
hture but would not attempt 70 say how much the
a,uai aggssats 10 beyond Inst amount From The reck
less syatsn Of nnansrrg prsosssd BY the company
several years pest NE public mind must 10 prepared
most exusordrasy dsvsiopsnents n The Department Of
issues We doubs the COMPANY know how much stock
Row many bonds there u N existence ne Csvsiaad
and Toledo Railroad stock b worth more 70 day than
ths old ssesk q the Harlem Company, which salsg d
IL per ceas In This market
The interest ou the Nav York CITY Stocks dus On ths
Lei Of May, viii ,e pad that day By A. Stout Esq.,
CITY Chsmbsrlsip, u the snos aad Leather Bank. The
transfer books VII be oossd from NE 13h OF April 70
shs s Of Nay bu, transfers viii b permitted In the IN.
s.rsm 70 take eject on the last msauensd dsy.
Yns OH Central Railroad Company have gtvn on
oal noae of W intended increase Of capital from one
hundred and seventy thousand shares 10 tvs hundred
ard any i've thousand shares which new shares will bs
aoed 70 she holders Of the present sock q As closing
Of the books the 10th Of June nest and V such persons
o. may become stock holders by the conversion Of op.
sona rights which expire on The nrr DAY al January,
Isss, in the proportion OF one share Of now STOCK
70 two shares OF the old stock. The hodeys of