The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-10

an
view fork.... ..........s.... S,.ro,vC oo,sSsoc0
lHIk: ..''.....'...'.'..'..' S'cSsSw S'ooS c00
nepuphc .....'......s.'..'.' S,ssvoSv oSso ooo
Shoe and Leather. ............ AlSOOOO oV0SAs
glance at the above tables will show that while with
two ng exceptions all the great city banks lost specie
last week, six Of them-so Wit, the banks Of America,
Park, Republic Metropolitan, STATE md Shoe and Iea-
ther-increased their discounts. How they can
justify such q policy, or reconcile II with due
regard for their own safety or The well being
Of commerce, the public eft 10 conjecture can
only be remarked that tho want s confidence which has
been felt in the wisdom Of cor bank managers - body
eince the bank failure during The crisis q 1857 not
likely 70 be restored BY such events q these
The leading topic q discussion ameng the Wall street
men 70 day was the New York Central dividend It is
that the earnings Of the Central for he past ak
months fall over nah million short u those q the cor
responding months of 1861. Had the Central been
able in 1861 declare than four per cent s ill.,
credible that should not have done So especially rs at
the time the stock vehementy assaed by the BEARS
and additional one two per cent dividend would
have enabled the friends of the management who were
specializing the stock to make very handsome profit
Ne who can form judgment on the point can De
eve that the Central then declared four, having IN IT'S
power declare FIVE six Yet the same four per cent
is to be paid to the stockholders now when, by
over half million less Many sober minded men, deeply
interested il railways Of the United States, and con-
cerned in their prosperity and good standing heard to
confess their bso that present policy of the Central
in paying fixed dividends, whether they are earned or
not and trusting future earnings to repay the loans
made for the purpose the bottom Of all the troubles
which are sapping railroad system.
Prices were rather higher at the Stock Exchange day.
bu there was outside buying So little business is
being transacted that order for few hundred shares
of any stock will affect the whole market The Western
sharessome OF which supposed to have been over
sold-raIed from u to x per cent to-day; Rock Island
and Michigan Central among the favortes.
New York Central n per cent higher, but
there business Of any consequence done. The
chief the Stock Exchange attaches to Pacific
Mail which be freely sold time and for
cash. The decline which began some days
tinued to-day; the stock closed at 701< u. was ru
nored the street that sales being made account
OF parties formerly deeply interested in the company
Panama y per cent better today. There was sale
Of government Aves this morning at 1o2sl, but immc
diatey aficrward the stock offered at yesterdays
price, lo2s. Mssouris are shade lower The demand
stocks quite moderate The closing prices Of
the day wcre-Mssouris SAX 81 Pacific Mail, 70z IL
Central, s27s IS; Reading, 4sk X Michigan Central.
4o7s so; Southern guaranteed, ASK NJ Panama
,,'.,' ~ Co. - n,I. ~ -, ..,.l.
m. ca,,ou;ua s.s a.. nrs;ros. IF mo sh rrs..rrv
r,,, u.a,a, s.oa o,o M
For customs .............,..,...,, 244OOO 90
Total pay ments ~ O49 n
se e,a, S.,srce Az SiS a.
T,s .xc..nrss ~ mo p.nr CLEARING ousa N day ware
.,o ooa eco rs and thu balances q, Az 7sa A.
tn, 1,,,orr a,rasnas bava baan aec,arad The ocaan
-, -, -, ,,,a.,d 80 a.. cd ri, - ...
,..,,. on ,,r,n, ,,o Ir,,r ryo 1,sr-,r,. ro,rn.rv
-, 80, s,,,,.,, ~ Go, ~. o,, .h, On 10
-. a.. ,.s..,. ~. r,,,..,.. Cor,r,nr . cav;
hiap', 'ho inoonn'y f"o insurance COMPANY Sum
annual dividend Of five per cent payable demand the
>-, r.. ,s,xu.. r,v..,,, o., No. ,or. ,,.voh,a nm
Niaea'a NC ABDUL anS1 0olnPAn5 ''A po' oA'' pA' Va
rn- 80 ,.n
Ine receipts o tne hare roao ior ING "Aon' :" 'aiu
airy are as follows
1858 ............ ,l23 II
1908 ei,e9O ~
Net increase $12 S6s 40
u.. a.. -. ...;,, co.. ,.ar.,,,, che ,,,.r,.,
AHes' "ie ' NOV 'pS' W e ~ ~
due other roads.
The New York Central Railroad directors met this day
, ,,x, and ,ac.raa tho usra ro,r mar can, div;,eo nd
80 AiDA'' ~ r.
on the STOCK, payable on inc Zist inst.
Comptroller Haws announces that he will receive
,., witt; vr;,,,, ,bo 11,h ~ u.rcb n, t,vo o,c,o.r
P'"p''"'' e"''' ''-"'' ~ $500 " '' w. ~