The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-12-09
Isl $40 $50 60

L
increase tns last year. ............... 20s, 7x 7k
The net earnings the cost OF operating (ncudng
repars and the payment Of interest onlhe funded in
dcbtedness $lS2 about three per cent dyi.
dend on the capital stock. =.
Quite an active speculation is progressing IN bltimo
and Ohio Railroad stock, the advance in the Baltimore
market being about TX per cent in few weeks now
selling at "a e4H The american Of yesterday says
The shares Of the Baltimore and Ohio Railroad continue
to be the attraction OF the Stock Board and there quite
brisk light going on between what s termed q the
class, who sold short for the opening $50 s57 and all
the way up 70 the present time, find il rather unpleasant
70 make out their bills At the rst named figures TIA
those who have been operating for rise do not seem To
have lost confidence in the slightest degree and conse
quently show willingness TO take up all the shares which
offer for time delivery The shares have gradually d.
yanced since the presentation Of the report Of he
President TO the Board Of Directors The receipts Of the
road for the month Of November exceed those q me corr
responding month OF 1858 about O00 which fact has
the tendency to keep in the confidence Of the bulls The
business to-day which amounts 70 over 600 shares as
much larger than has been for long time and the mar
ket closed quite firm. sss--S
The message Of Governor Wise furnishes the following
statement Of the debt Of virgnia-{
Debt due the LIST January, 1882 sll OF S3s "a
DeDt created SINCE 19,l808N 80
redeemed 1ss' Ct s y s ssa new debt - - s
Investment of bonds for re-
ro ssm Tssse% Of ae AND invested lss7 20
4 \
Tor redemption. ............ 2s945,500 20
Leaving Of new debt. 800. . Is 1896 ,664 10
Total Of old and unre- @EfrtA
deemed and aRiavs''sa.... ss.,es.sso g
The annual interest to be provided for a. the r~-~
whole debt now stands, adding unredeemed
and invested together, s........... 81, 786,S2o 30
For each half year. .......,........... S93,414 63
With reference to the character OF The large business
Of the Illinois Central road the Chicago Times or Deem
Der Says
The Illinois Central. Company's traffic for November
earnings Which n - sis si o. against 60 sAs n IN
operation a hs illinois sa en- ,is shs s S
oPening up At Cairo with the SouihefH cities hrough
Tor western rssS he cot and a. sSss
formed that 900 hogsheads and 900 barrels Of suear
With ~ goo bas OF cotton have been received TIM sea5n
appear that burning point IN the rosDerity Or liza en-
terprise has bean reached. st $50 40 n D z
Tho Governor recommends that all taxes State or cor.
poraon IN State bonds shall be repealed or forbidden
Thea The Commissioners Of The sinking Fund shall be re-.
qured 70 make their nvestsnsn tho bonds at ~ al
tne interest," upon the State bonds n far Al CAT be d
consistently VIII apgements, shall be paid doT
a. hcprp ~ aief p N'ls and rate Of borrowing mouy
ana seih'f -sttate by joint stock companies ~
prescr - 3es ssoa law so as TO conform better
70 the ccaFf = s,s credit, and that the Legsla
ture shall ~. ~ Il law against the failure 70 pay
Interest e. sigu ~ 1onds guaranteed nv tho sta,e
On this ii 5 -t-tt f.r Marks.
Inc goA' q iae NJ one period the present year
vel. X s.4 ~ York, and so continued until
aooT s1.on,y Of the interest due on the guaranteed
Donds OF the James River and Kanawha Company fen dud
IN July ana failed to be paid The last General Assembly
nad made provision up 70 that day only; and though
mere was plenty Of honeyn the treasury there was no
func tixn,or :
Our bonds sank immeda.crf IN me
cutve to pay ~ r ,ss :sr Al
due.
The total indie aSs n 5asbaz
Bonded debt, asg s5rc ~ st6ss -
Floating debit. ....,.s,
Total. ......... f.... .5..-s s..s $40 agz fa
The State has pal $s rs ~ b. Cot - s. ..e,
1857, and has paid the sinking fund since
1862 50 345, 800 of its funded debt.
The estimated fiscal receipts and expenditures for the
next two years as follows
Balance in treasury Commonwealth proper on the 1s OF
Estimated receipts for fiscal year 1859 co. 80
Disbursements fiscal year 1850 ssso Is
Estimated surplus LIST October, 1860. s214s43 hi
Estimated receipts for 1850 ..... s786702 %
Total receipts for 1seo-el "a COO .oOe ls
Estimated charges for 1850 81 ....... 3lO64bS an
Surplus on LIST of october 1861. ss94 1s2 81
The Boston Post Of yesterday thus notices the money
market Of that city,
On Saturday the supply Of money was somewhat lnit-
ca At the banks and considerable paper that Days
before would have been eagerly taken was forced tito
the street, where It paid Z to s per cent
We hear Of nothing done can below per cent, and
there seems TO DO some contraction Of loans all
many the banks are rather short Of specie and cannot
legaly.lenEmuch at any price, After New Year things
viii probably take an easier turn again; but banks
loan much more coin TO New York. this market cannot
ia to become tight for few days, until people
borrow sufficiently in Wall street to relieve II and turn,