The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-15
FINANCIAL AND CONNER GAL.
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MONEY n II X ET.
THURSDAY, Jan. l4-6 P.

THURSDAY, Jan. 14-6 p. NJ.
The tendency Of the market was upward from the
opening,this morning. fair amount of business WAS
transacted among spectators, and the operations
on time comprise great majority of the purchases.
There was no movement in any particular stock. At
the first board Virginia State 6's advanced 4 per
cent; Missouri 6's I; California Is 1870, j; do,
1875, j; Michigan Central bonds ]; La Crosse land
grant, I; Cumberland, 4: New York Central Rail
road, !: Erie, !; Harlem, 4; Panama, D; Cleveland
and Toledo, :; Chicago and Rock Island, Z; La
Crosse and Milwaukee, J; Pacific Steamship Compa-
ny g. Pennsylvania Coal Company declined per
cent; Milwaukee and Mississippi Railroad, }. In
Missouri State 6s there was very large business at
the advance in prices In railroad bonds the i'm
proyement was general, and continued firm 10 the
close. In the fancy speculative railroad stocks the
movement showed signs of weakness. The extent
Of purchases time shows the nature of the ransac
lions, and il will be seen that most of them are
purely speculative. At the second board the market
was lower, and not at all active. Pennsylvania Coal
Company tell of per cent; New York Central !;
Chicago and Rock Island, 4; Missouri State 6's, l.
Pacific Steamship Company advanced per cent.
The exchanges at the Bank Clearing House this
morning were SCI "a, and the balances
$ss6 sos SO.
The loan Of the Chicago, Burlington and Quincy
Railroad Company was awarded on the sth instant,
in Boston, 10 the highest bidder. One million Of
dollars were bid for at 69i 7G4, and 1858 900 were
awarded at 20 5Ga, producing all the money re-
qured by the company. The bonds have twenty
five years to run from January and bear per cent
interest, payable semsnnuslly in New York secured
by "a mortgage upon the road, depots and rolling
stock.
An election of nine directors OF the Dry Dock
Company for the ensuing year was held ON Tuesday
last, and resulted In the choice of George Law, on
yer Charck, VIM II. Hays, Jacob Hays, John s..
Hunt. James Murphy. WIN. p. Buckmaster. A. St.
John and J. s. Meyer. The organization Of the new
Board Of Directors was deferred until the 18th inst
The annual election of thirteen directors Of the
Eighth Avenue Railroad Company, for the ensuing
year. took place yesterday. II resulted in the choice
of the following named gentemen:-G George law.
Oliver Charlick, Vim. H. Hays, Jacob Hays. +. T.
Hays. A 81. John, - Davis Edward Vincent, James
Murphy, George Batterman, John s Hunt. Denja
min Nathan ssd Timothy Townsend.
The Rutgers Fire Insurance Company have de
clsred semiannual dividend Of eight per cent,
payable on and after the "a Of February.
The Bank Of Savings, in Blocker street has de-
The Bowery Savings Bank. the usual half yearly
dividend payable on the 18th inst.
The New World Fire Insurance Company has de-
clsred semi-snnusl dividend of five per cent, paya
bic on demand. The Lamar Fire Insurance Com
pany, semi-snnuai dividend Of five per cent, paya-
bic on the 10Th inst.
The New York State Bank Albany n semi annual
dividend of four per cent payable on the 2lst inst
The banks in Massachusetts,, out of Boston, num-
her 1871 and have aggregate capital Of t2s 722
The amount Of specie average during 1857 was
sio7s,377. Average deposits, $685., 230 and the
line of loans sac ,s5s.95s.
The annual report of the Chicago and Milwaukee
Railroad Company states that the gross earnings for
the year ending Nov. wore...........s2ob,74 5 "a
Expenses III 1913 ID
Net earnjvxs II
The net surplus Of the income account IL s9l, 2l3
80. The floating debt is s2l5 ,lO3. in addition 20
which there are dividend certificates outstanding 20
the amount of sll5 ABS. The cost Of the road has
been 81, 0lo,251 c., including $4,000 invested in
steamboats,. The stock is s9s9.5O0 First mort
gage bonds, 1912 600; income bonds, $4,000 The
managers recommend that all the earnings be EN-.
ployed in paying the floating debt
The December receipts Of the Chicago, Burlington
and Quincy road, were:--
1856. 1887
Passengers. 81 ,3e4 90 t27 sic as
Freight, 6c................ 5000 50 1850 ~
Miscellaneous. ............. 6,0se o. 1445 03
Total. sl06,7e4 SO 81 $50 81
Decrease ~ ls5I............s.. ........ 30 1853 81
The receipts Of the Norwich and Worcester road
in December, were:-
1864 1857.
Passengers. ..... .......... 1888 50 800 IS
freight, &c................ 1926 OF e,jl4 o.
Total. t25,47e 81 t15o15 85
BtVfeNe VI iset.ssss ssOoJ 70
The revenue ~ the Baltimore and Ohio Railroad
for the month Of December was:-
Wdshingsen Toui for
Main SIm Branch. ilsh roads
For passengers s52,5lO IS 2s,743 81 1925 40
For freight. 29l 047 10 1854 50 sol $50 OF
Total .s3i3.557 % 81 5s5 40 3sI,l43 a.
The following Is statement Of the receipts VI the