The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-22

Decrease q compared with 1857 ..,...... 9a2 $50
The total value of exports for the week were
tl577,894.
The actual outstanding funded debt of Virginia on
the LIST of January. 1885, was s27, 273 $50 As. This
includes 1870 900 hypothecated by the agent of the
Board of Public Works in the city of New York, to
secure loans to the amount Of $3.50, 000 The State
has productive investments amounting TO a 1856 1885,
and unproductye amounting to $25 ,3l3 6l3. The
total of both sorts ia 469 OF the productive
stocks 50 34G, $50 are bank stocks. The remaining
s26 $50 ,5l9 of the Commonwealth investments are
in stocks of and loans to internal improvement
panies OF these but 81 53s 1906 are productive. OF
the funproductive (25,3l3,6l3) only the sum of
s4s5s 33s is secured by mortgage otherwise. The
remainder consists of stock to the amount of &c.
1857 in improvements not yet completed, and
spsI7 657 in improvements completed but still I'M
productive. The minority of the Finance Commit
tee of the Legislature have reported in favor of is
suing no more coupon bonds, and az far as practical
BILE those already issued shall be called in and the
old style registered certificates substituted therefor
The report is also adverse to the policy of issuing
any more bonds with provisions for the payment of
interest in New York or London.
The American Express Company, having been
entrusted by Messrs. Marshall & Illsley, of Mil
waukie with 81 500 to deliver tn the State Bank in
Madison, Wisconsin, made tender of the money
after banking hours and the bank refused to receive
it, During the night the express safe was robbed Of
its contents including the 81 500. Suit brought
by Marshall Illsley to recover the money of the
Express Company, who claimed that once having
made tender of the money they were no longer
responsible for il as common carriers and that they
kept it over night as mere matter OF accommoda
ton to plaintiffs In this view the jury conceded
and returned verdict for the Express Company.
The following table is an exhibit of the debt of
the State of Michigan, and of the bonds paid within
the last three years. An extra session of the Legs
lature, which adjourned few days since, passed
Loan bill authorizing the issue of bonds for $2l 600
payable in twenty years and bearing interest of 6
per cent. for the purpose Of meeting the bonds fall
ing due January LIST, 1859, and previously.
The present Indebtedness of the State Ia as fol-
lows
University bonds principal DUE July 1885, $4,000 90
Pontiac RR bonds, principal due July l. 1853 81 600 90
Pectentary bonds principal jan L. 1859 1000 90
Pepitentary bonds principal due JAM 1850 10000 %
1888 -. -. I77,ooo 90
Adjusted S. 600 900 Loan bonds, due Jan. /,
1893. 1,7ls,oss %
bonds when funded will amount to ....... 1l3 500 ~
Outstanding Internsl Improvement warrants, 3,s32 is
internal Improvement warrant bonds, inIe-
rest stopped, and payable on aemand..... 800 W
Total. 81, ass ,4s1 ~
The bonds paid and taken up during the years
1855, 1856 and 1857 amount to $l47 ,O35 "a.
The annexed statement gives the condition Of the
stock and debt of the Long Island Railroad Compa.