New-York daily tribune., 1859-01-01

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The Boston Board of Trade in their recent report,
was repete with facts and statistics, to show that the
branch house system should be abolished They re.
port that the brsncbes supported at the enormous
annual expense of $500 0e0-equal t. nearly per
cent of their entire sales, which Is nearly equal to one
half the product Of Massachusetts, Mills. The chief
object to secure to the City of Boston this large trade
of Domestics, which have been diverted TO the CON-
mercal center, New. York, estimated at twenty-five
millions per annum which is also the cause OF the d.
ect diversion Of fifty millions of other trade in cotton,
wooens aud silks of foreign origin sc. This is mat
ter which cannot be conroverted by mere resolutions.
Boston is not the only point from which Newfork de-
rives her po.ition Phlsdelphis, Baltimore, and even
Georgia Cotton Mills send their goods to.this market
for sole, and contribute to her prosperity as well As
many manufacturers of the Continent, who send their
ships sell their cargo in this market, obtaining
reader sse and realizing better pro6ts. That tho
present method Of selling domestic goods IS attended
with unnecessary expense, which falls heavily on the
manufacturer is doubtless true and some important
reform should be introduced. The large and costly
warehouses, in expet localities and other spp-
ances TO attract trade In the sale Of domestic goods
from first hands, Is entirely unnecessary. Without at.
i A., trad ami factur
might adopt such economical methods as have been in
successful operation for years in England, under the
Cloth Hall system, and save lsrge SUM and derive
better facilities Of sale from the variety of fabncs
which would attract the large buyers.
1t s certainly better to have the sale 10 Boston than
New York for the former is uesrer the factories snd
whatever will briug the purchaser and manufacturer
woud II not be better the factories in Lowell Man.
chester, Lawrence, Dover, SaeO, Salem snd Ne~oory
poft 10 sell st home, at their own counting rooms,
rather thsn in Boston 1t would seem that the Bo'.
ton argument is good ag sinst NswYork, Lowell msht
make ors quite as good against Boston. Whsnever
these corpor shall go into fewer hands so as TO
be managsable-pay oil their debts aad supply tneir
working capital, go As TO stop the note shaving-se
their own goods aud save the commissions, aud be run
not by agents. but by practical manufacturing propr
etors they will be the beet property in this country
Tie Manufacturers Cloth Hal recently established
in this city, affords an opportunity to the Boston
bouses as well as the manufacturers 10 test the new
system.
Messrs. DuLcan, sherman & Co. will pay, on end
after Monday, January 3, 1882 accrued interest on
vcent New-York State Stock issued to the Science
tady and Troy Rsilrosd; 81 v osnt New-York State
Stock, issued to the Auburn and Rochester Railroad,
u cent NewYork State Stock, Issued to the Tona-
wanda Railroad. Also, Coupons due January |, be-
longing TO Chicago City Municipal Bonds, Chicago
City Water Loan Bonds Albany City Bonds, Buffalo
City Municipal Bonds Buffalo City Water Loan
Boads Utica City Bonds, Hannibal aud st. Joseph
Railroad Bonds, Mobile and Ohio Railroad Bonds,
Buffalo ard State Line Bonds Buffalo and Niagara
Falls Railroad Bonds. The following Coupons will
be paid at the Continental Bank: County Of St.
Louis Missoari; Miami County, Ohio; Pickaway
County, Ohio; Xenis County, Ohio; Silver Creek
Township, Ohio; Jersey City Water Loan. The Cou-
pons and Bonds Of the HousstOnic Railroad due Janu-
ary wi, bs paid and after that date at the Office
of the Tre ssurer or by Ketchup, Howe and Co. The
Coupons, due January on Bonds issued by the City
of Quincy, Illinois, will be paid by Woodruff & Co.,
No. 40 Brosd street. The Interest Coupons Of the
Marietta (OhioD Bonds issued to the Msrietts and
Cincinnati Railroad Company, due January |, will DO
paid ct the Office Of A. G. Allen, No. q South street,
Coupons Of Mlwsakee City bonds, issued 10 the Green
Bay, Milwaukee and Chicago Railroad Company, snd
Coupons Of the first mortgage bonds Of the sad CON-
psI y will hereafter be paid by the mog sgees in pos
session of the Milwaukee and Chicago Railroad, at tho
Ocean Bank, in New-York. Coupon. for interest ms
turing Jan. /, 1889, frst mortgage bonds Of the
Central Military Tract Rood Company Chicsso aud
Aurora Railrosd Company and Chicago, Burlington
and Quincy Railroad Company, will be paid q, mstur-
ty by the Bank Of Commerce in New-York. by
proveon in the mortgage Of the Chicago, Buirgton
and Quincy Rs.lrosd Company, the holders OF the
botds Issued by the Central Military Tract aid Co csgo
aud Aurora Composites, may deliver them up to the
Company and receive in exchange therefor cent
Sirking Fund bOnds issued under said mort ssge Er
changes Of bones may be effected vito Edward L.
Baker one of the Trustees In Boston, Mas. Coupons
on bonds Of the City Of Louisville issued to ths
Louisville sbd Frankfort Railroad Compsny-bOta
these payable st the Bank Of COmmercs, and thoss
payable on their face at the Bank of Americs-w be
paid on and after Monday, Jan 8, at sbs Bask Of
America. The New York Exchange Baok has declared
a dividend cf4 v coct, payable Jan ). The New
York Ice Company has declared dividend Of D ~
cent, payshle Jan. 10. The Hanover Fire Insurance
Company Lave declared sem-annual dividend OF D
| y cent, payable 1t the Office No. Is WAL street.
The Commissioners Of the Sinking yand Of the
State Of Ohio give notice that ana sftsr January
and until the 18th, they VII pay the interest 90 tas
stocks issued by the State of Ohio at the Office No. -
William street The interest not called for priss TO the
18th Jsuasry, will be paid at the ofscs OF the Conms
sioner Of the Sinking Fund, Columbus onio' fne
interest coupons and bonds Of the state OF Aioagan
will be paid at the Artisans Bank. The outstanding
coupons of Athens County, OHIO, and eoap'rs due
4 L. ~.