The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-05

will, during the present winter, pay running ex-
penses; and many of them will before the lapse OF
another six months, be in the market for new loans
The New York Central Railroad Company reports no
floating debt during the past fiscal year. and also re-
ports reduction in its general Indebtedness; but it
also reports the payment of about forty thousand
dollars interest than during the previous year.
This last contradics the first and shows that there
is an inconsistency somewhere. At the second
board the market was pretty well sustained
but with a small amount Of business. Michi-
gan Southern, old. fell off per cent; Erie.
/; Galena and Chicago. 1. La Crosse and
Milwaukee railroad closed firm at ia per cent. The
United States Trust Company who are trustees Of
the Sinking Fund of the first mortgage bonds Of the
La Crosse and Milwaukee Railroad Company. have
invested the $l20 900 deposited by the railroad COM
pany on the LIST inst in the purchase Of &l5, 900 Of
said bonds, which have been cancelled in accordance
with the terms of the mortgage. The La Crosse and
Milwaukee Railroad Company have received ccrtid
Gates from the United States government emitting
them to 230 400 acres of land On the lst of March
next at which time twenty miles additional road
will have been completed, the company will be
entitled to 76,s0o more making total of 3o7,
200 acres.
The Assistant Treasurer reports to-day as fol
lows:-
10. payments ..'...................... Zl2,0o2 %
DO balance ..............3,i 4S oil 6S
The receipts to-day include Sal 900 from customs
The coupons due Jan. in the city of San Fran
cisco, fire and civil bonds, payable in that city
This has created much disappointment and dissatis
faction among holders. In the first place there is
great delay, and in the second place loss in the ex
change. Those bonds are probably as widely distri
buted any other issue of the kind in the country
and the holders are class requiring prompt re.
turns on their investments. The coupons on the
school bonds were paid here, and arrangements
might have been made for the Others without diff.
Guilty. The cities of Stockton, Marysvillc and ga
cramento make their coupons payable here.
The exchanges at the Clearing House to-day were
SIG, 1872 81, and the balances 81. 242.lO4 IS.
The Metropolitan certificates are now reduced to
So, 900.
1t will be seen by an advertisement in another
column that Mr.. William r. Travers and Mr. Samuel
w. Jerome have been special partners to the extent
of $4,000 each in the firm of c. Kowalski. If we
are not very much mistaken we have some acauaint-
with Mr.. Kowalski the former partner of our
contemporary of the Times. At one time they were
large operators the bull side of the Stock Exchange
and for time we posted the public daily as to the
nature and extent of their operations Since that
the old concern has not been heard of, and the an
nouncement referred to above is the first notice we
have of the Temperance Of either member in the
arena Of stock speculation. One thing is pretty
tain, Kowaski is now in better hands, and Is sur
rounded with bear influences which may help him To
make up his old losses. Our old friend Wesley has
abandoned the shoals and quicksands Of Wall street
for something more legitimate, even if it should not
prove more successful enterprise.
The Harmony Fire Insurance Company have de-
clared scmiannual dividend of five per cent, pay
able on demand.
The Importers and Traders Bank has declared
dividend Of 81 per cent, payable ON and after the
9Th inst.
The earnings of the Michigan Central Railroad for
the three weeks of December, 1857 were 1920 203,
against sl4s3s7 during the same period in 1856
decrease nearly $4,000.
The earnings of the Michigan Southern road for
the first three weeks in December, not including
mails, expresses &c, s94 $780, against 200
the same time in 1856.
The earnings Of the Milwaukee and Mississippi
railroad for last November were tsl 800.
The earnings Of the Ogsdensburg Railroad for the
year were as follows: -
In,.se., ou r,t mortgage. bond. ios COO
Leaving $4,000
to pay interest on the second mortgage bonds.
The Merchants Insurance Company of this city
have declared semi annual dividend of 10 per cent
payable on the 9TH inst.
The New Amsterdam Fire Insurance Company
have declared semi-annuai dividend Of per cent,
payable on demand.
The Terrc Hau.e and Richmond Railroad Company
have declared dividend of per cent, payable at
the office of the Farmers Loan and Trust Company
on the sth inst.
The bank returns for last week, compared with
those for the week previous, show the following
variations In the aggregates -
Increase loans and discounts ........... S64T ,04s
Increase 10 specie .1a1Vo1I
lo-tElo
Increase in deposits, actual. s75,s4
The additional movement in the discount line IL pro-
baby the result of little than the usual acti