The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-08
NEW YORK HERALD, FRIDAY, JANUARY 8, 1885,

MIA OAI~ ~ AAs1 W 4OO
mined not TO lose the present opportunity a doing
40 q. high prices The present imitation is entirely
street movement and its duration depends wholly
upon the ability Of spectators for rise TO carry
atocks Most OF the operators at the Stock EX-
change are sellers, and the small clique a bulls have
already ss big O load "a they can well carry. The
commission brokers sell ten shares OF stock where
they buy five. Money is very abundant, and nc tai
as facilities for bypothscat!0n are conesrnea 'ner'
is everythin' :; =, ,,unu ., 'A"~'''"' '''
when we consider the value of the stocks operated
in we do not how spectators are able to sustain
prices for day. Outsiders show their sense in let
ting stock securities alone, and small holders an
wisl in realizing ut current rates. The sudden fall
in some stocks this afternoon shows how uncertain
the market u.s. and it also shows that it is dangerous
business to touch fancy stocks at any time,
! The exchanges a: the Bank Clearing House today
were SIS l $40 I6, Ant, the balances 81 1886 ssl ~.
The notes % the Medina Bank are now taken on
deposit at the Metropolitan Bach at the usual rate
for State currency.
The Milwaukee and Superior Railroad Company
has much more life In il thsn we supposed. ~ has
lot made quite much noise m the financial wolQ
some OF its contemporaries, bos it will Ne heard to
better advantage at the proper time. The quiet and
unobtrusive manner in which the managers have
conducted its affairs is the reason why it is not more
generally known in the market. The parties nte
rested have great confidence in the future prospects
of the road. It's finances now in better conds.
ton than though the company had extended Itself
beyond its resources As soon as the resent revul
sion appeared the construction of the road was sus
pended, and the only loss WAS that of time. With
the opening of spring. the company will resume opers
tons and push forward It's line This road diyerges
from the La Crosse, four miles from Milwaukee, and
will run north along the lake shore through Port
Washington, Sheboygan and other large places, to
Mantowoc, where it takes northwest direction to
Green Bay, distance one hundred and twenty miles
from Milwaukee. good part of the first section Of
eighteen miles of the line il graded. Most of the
iron ties chairs and cars have been provided. But
for the financial difficulties which have been realized
all classes during the past six months this section
would have been completed by the lat of October
the appointed time. Fortunately this company was
able to suspend operations without serious sacrifices
and at the earliest moment practicable construction
will commence and go through without further in
terruption.
The Assistant Treasurer reports to-day as fol-
lows:--
Total receipts $uss3t 10
payments. .........,................ ietEo 20
"A-n0'' '''''''''''''' '1'''''-'i ~
Inc receipts 'o-day ihciuae rom CUSTOMS
The Columbia Fire Insurance Company have de-
clared semiannual dividend Of five per cent, paya
bic on and after the 18th inst.
The gross earnings of the Chicago and Rock
Island Railroad Company in December, 1857. were
800 900 AGAINST sI24 900 for the corresponding month
the previous year. showing a decrease of s34 900.
Tho rono Island Insuranc. Com,,rv b.ve ia.
cred regular dividend Of ten ner cent for the mast
s;x mon,bs and ON extr. d;v;aara Of sve novaho I
ON tho 9th ;ns. IN. se,m.n p.n,, the half voar,v
dividend nav,b,e ON the 18th Of January. the |
Clinto, Fire Insurance Con,nanv n semi.annuol
dividend of eiybt per cent. payable ON demand:
the New Orleans Canal and Banking Company n
semi.annual dividend of per cent. PAYABLE on the
lst of February at the Office of n. Morgan h Son.
IT,. .,uo.;., No. Ia. ,onr. h.v. aoo,.r.a
,,e.,... H.. p..,,- a 80 go.
-,,- -. a. NI.I., p..,. .,, !
pa1 800 $3.50" u,s.,,.. D., -. -, ,,.,,
80 I -. $50 p.uL !, 49,
80 -, c.. c.,,;.. nj 80. -.
ss",, Ne" DonA o' -, p'' Ne"''
DS.uA y, I p, -
In, ', ..n. $3.50 ~. sas.s
. ~ : W. - "a 90, on o. 600, |
t"' 'o,"pany -. ~ ~ -. -,
IA nPi"' a"" :" :. 10y y g., -, ~.
vi 10 P', 0'"' ''A' '"'' ""
- A-n1.' with. c..,.. ,,....o....,., |
Inc n"n'n'o" "oo"en ovup- -, -.
pays oy pe' 0en' ''' 'sS .1.s 90 .u' AA'
0Vioed W all, esui'' 'u" 'A''' ~ p'i ''n' si'es
January As'i'
The entire earnings OF the Illinois and Michigan |
Canal from all sources during the past season of |
navigation. amount 10 a5iss 81. the prestsr part
of which IA from payments on land previously sold.