The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-22

the year of $l626l6 rs. TIE assets of the conf
pany on the 3lst Of December amoanted to $780,
Az so. The trustees have declared dividend Of
twenty per cent on the net amount of earned pre-
miums for the year, for which certificates will be
issued on the I'd of February next. On that day IN
terest at the rate Of six per cent per annum will be
paid on the outstanding certificates Of the company
The last annuai report of the State Auditor of
Iowa contains many very important facts relative to
the finances and progress of that State. The total
receipts into the State treasury during the year
ending November l, 1857, including the amount on
hand at the commencement of the year. were
$255 1927 rs. The disbursements during tho same
period were $2ll las O5, leaving a balance in the
treasury of SIX 1872 TO- The total liabilities of the
State are $293 s43 SO. Its estimated resources for
the years 1857 and 1858 are s95357l 96, which
does not include the school fund 1886 1903 75), as
that not considered STRICTLY State resources. The
estimated expenditures for the same time will be
1928 Az TO- which leaves balance in the treasury
of $43o,s5 O6, on the presumption that the State
revenues will all be paid up. The appropriations to
charitable institutions as folows:-lnsane Asy-
lum, sl00,33s As; Deaf and Dumb, s7000 Institu-
ton for the Bind, s7,222; penitentiary, $24,sl7.
The following comparison of the taxable property Of
the State for tine last seven years is given as an
indication of the progress it is making in wealth.
in 1851 it s2s AGA $780, in 1852 s3s, 427376; in
1853 $50 ,3O4; in 1854, $72 1927 ,204; in 1855,
slO6 1896 800; in 1856, $l64.394, 4l3; in 1857,
s2l0, 45s3.
Annexed is the substance of the bill to be intro
duced by Mr. Soan in the Senate of this State, for
the modification Of the usury aws:-
Section l. No grant, transfer, bond, note bill Of ex
change conr agreement loan forbearance OF
any money goods things in action, shall be void by
of any paying receiving agreeing TO pay such
Sec That in all where the rate OF interest is not
mentioned, it shall be deemed and taken at the rate Of
per cent
Sec. g. No than per cent to be charged any
judgment rendered after date of rendition
Sec. Repeats so much Of the law Of 1887 as is incon
sistent with the provisions of this act.
Sec. g. To take effect Immediately.
The earnings of the Chicago, st. Paul and Fond
du Lac road for December, 1857, were s2l $50 81.
The company has been steadily at work through all
its troubles and has forty-six miles of road bed
ready for the ties and iron.
The annual meeting of the Connecticut River
Railroad was held at Boston yesterday. The report
shows that the income for the year ending Novem-
Der 80, 1857, was s267, 40 81, and the expenses
1902 GA a. leavinga net income of 500 096 SO
"a decrease of sl4 ia AZ as compared with 1856.
Inc DIRECTORS say Tue present Dusiness oi tne road
does not Justify dividend Of two per cent on the
old stock in February next, and it is proposed to
serve the earnings of the current half year, and
thereby swell the surplus to its former amount. The
capital stock of the company at the date of the re-
port 81 2s3 $40; preferred do, 1907 5O0 bonds
s22S, 900; floating debt, s47,772 so.
A letter from Havana, dated the 18th inst says:-
Silver becoming very scarce, the large quantity OF
American dimes and half dimes that lately formed almost
entire silver circulation having disappeared Part Of
has doubt been absorbed by the country part of
IL sent back TO the United States In order 10 the pre-
sent high premium Of exchange on remttances American
bears premium Of from az to per cent in
market and not improbable that necessity will force
TO admit 1t in circulation, notwithstanding the OPP
position CT the government.
The Boston Trareiier Of the 20th inst SAYS
Three ships arrived at New York last week from Cal
cuta and many than the usual number arrived at
that port last year from British India. As the
fleet now the way to Boston from Calcutta has arrived
shall probably great curtaincnt Of this trade
and twenty five arrivals annually from that quarter in
stead Of nearly hundred. From twenty-five fifty
would probably well supply the actual wants Of legt
houses will not be the means, directly indirectly, Of
sending this trade to New York we'll spare this
important branch of commerce. than half
Of the ships that arrived nj Boston last year foreign
ports were from the various ports of India.