The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-01-19

-~--s~xT-H-- WExRrrEs"- - -
sAsuM an attempt be made to reduce the dividend
AAlow 7 per cent litigation may ensue. SO far as
ths real Interests Of the stockholders are concen
ID, twoud seem ofvc,y little consequence whether
they divide now es leave portion of their hi.
vidend in the comasny's hands. The road Ia known
10 have earned reF cent on both classes Of stock
and the prospect for The iuture induces railroad
men TO consider The common stock as likely to be
more valuable hereafter than the preferred, as
having prospect Of larger dividends. New York
Central is slowly approaching the price at which
stood aftec the consolidation. u js rapidly ceas
sng TO be 3 speculative stock and will probably
soon follow the example OF Panama and Delaware
and Hudson, and be only dealt in at rare intervals
s;alcna, which has hcen very dull for many months
has again become active. 4 sale of 900 shares
made on Friday evening by prominent ope-
ratnr 1T 9G per cent? the buyer declined to sch
yesterday at %. Rock island, which pays per
sent, is active and fctciish al 90 81. The
Mississippi and Missouri road. Of which the first
mortgage bonds are selling at IS and the second at
So proving valuable feeder 10 this line. The
cheap stocks have not been active for some days
pasr. They had their turn while the dividend
paying stocks were dull and when the latter rise
above par they win probably have another ''boost.'
70
reports large business at unusually profitable
Yates, in consequence of the high price Of coal. The
owners Of Canton stock base their hopes on the
effect OF the proposed direct railroad line between
New York and Washington Brunswick Land
Company has become active, on the understanding
that the government is about to make Brunswick
City its chief depot in tie Southern States ON the
Atlantic. Brunswick ought to become greater
.i.t- than a
CHEN has been very dull after the recent excessive
advance. There is very little doing in the new
stocks of The Wabash and tic Terre Haute and Al
ton and until people know more of their merits they
will not be active. Harlem old has been bought
by spectators on vague notions Of an improve
inent in the condition Of the concern arising from
the Lexington avenue grant; the directors hold
out no prospect Of dividend, even or the pre-
tered. State stocks have been inactive: the rise
appears 10 have exhausted. So long as Tenness see
continues to he -laye state, aud emancipation il
net accomplished in Missouri investors will not
put their means IN their bonds.
The Milwaukee and Prairie du Chen Railroad
Compapy's earnings for thc fourth week of Decem-
her were as follows
49, '.. 'f''''t. ~ e'v p
Total for the yea lsJ2 81 IG3sl5 10
Total fer the year 1861 .............. 534o6 CT
Increase for year ............ $40 $40 90
The Manhattan Fire Insurance Company has dc
clared seInannua' dividend of five per cent, pay
able on demand; the Hope Fire Insurance Com
pany a semi annual dividend of -four per cent, pay
able on demand: tbc Central Railroad of New
Jersey, q quarterly dividend Of two and half per
cent, free of tax. payable ON the l4th inst
The Chicago and Rock Island Railroad earned
Che FIRST week Of Januaiy:-
is,5 ...,..$3lN 7l
le02 ACKNOWLEDGEMENTS. 20 $50
hcrclse s2,597
The Michigan Southern Railroad earned the first
week Of January f
- 'o,ioV
increase. ...................... $l1 1858
The earnings of the road the first three months
Of this fiscal year are as follows a as
vc.oocr iS ,............'.,.. ss5s23 %
NJvemoor $50. .............. ............ S47T 81
December, 1862. ACKNOWLEDGEMENTS. s6,osl IS
Total. 1858 SAB 90
Earnings same months IN 1901 23l GA 06
Increase. Observation-Disclosures. s22,2ls %
The following 10 extracted from the annual
port Of the Reading Railroad just published
Receiys
From travel, aes,4ee equal to 15os.o
tnro.sn paasensers; s4os,sea II
From freight coal 2aio 300 s,e7osio IS
from United states mail .............. 1855 90
Prem other sosrces... ................. 1882 u
Total. 50 9ll $50 %
Transportation expenses 57,,il 5s
Dampass, rents. taxes, proa, ana -'''''
Joss, damage, &c. ............. 3oi ,900 %
- $50 $50 Il
Net profit s75,241 os
Interest on bonds and mortgages 36,4i2 90
Renewal fund--5c. per 100 tons on
b55 1854 tons transported
one mile during the year.. 279,472 81
- OF, ss3 %
Dividend fund 3sa. sss 81
s s:..n g, funds Ia, ,o.o ssso,ssc 90
Dividend 90 preferred stock. 49,. ios .Sae 90
ACCRUED interest for 1852 on re-
served dividends preferred
ssSVA.s...'. II, b26 %
4l,i0s ~
balance Of dividend fund for 1869. ssh ss5 a
Add balance Of dividend fund Tor lsSl... 1880 81
Total reserved FUND ......... ....... Sees ess a
we're 81 % 100 q gross recsipss.
Ths receipts and esrenses per passenger ard rer ton
errassengcr, cost - "A Lilo Hesaived a. II $40
Ter mdse per ton. ~ 10 Received. 2 4 10
Ter coai.........+ ~ Rockwell. I2s ITO
Per passenger coz. ~ 10 $50 deceived 81 e. 10
Ees nose, per ton. 80 Received. ..... Is s-iO
Ter ccai 30 SIZE Received. ~ q. 10
After desuc,ine ell expenses, i,cudng renewal fond
AMI interest on bonds above the ne, PROFITS arc
de35 ~ which d c1ls :, III 52loo PER cent MI
the outstanding stock and urefsrred. Ihc chief
items Il expenditure ,c which sum has been arpei
follows
Payment he si5o 0s2 a scrip issued for
the arrears Of iiviasnds the prsicrrel
stock $50 Io2 Is
Bonds OF The cnnnry Tor the sinking funds 3T3 %
New cars and enEines 2s4 323 %
Contraction 0! Cd. Esh Eey Ani Broad Noun.
tain Railroad for which he bonds ard stock
Of that company held ........... az 900 90
CITY COMMERCIAL REPORT.