The New York herald., 1863-12-08

the statements Of previous weeks. The reduction
II tbe amount OF specie on hand, as compared with
.te statement Of November %, is only Sass ,4S0.
The exhibit is more favorable than any that has
been made since the 18th Of October, that being
Abe time at which the contraction IN loans and dis.
counts commenced.
The receipts and payments at the office OF the
Assistant Treasurer to-day were as f0llows:-
Receipts .........,.....: S3I3S 6s5
xdos1o. 10y 20
fnhnce lS,o0I7o4
-&224 900 were the receipts from customs.
We have frequently mentioned that competition
To the coal trade and increased facilities for bring
ing the black diamonds" of Pennsylvania into
market were the only remedies that the public
could look forward to for relief and we are graft
bed to that these suggestions are in q measure
10 be acted on. The Wyoming Valley Company
propose 10 commence Immediately the cOnstruc-
lion Of road TO be used exclusively for carrying
coal from their works at Scranton, to strike the
Delaware river a. Easton, from whence the coal
will be brought 20 this city by the boats Of the
Morris Canal, by which route it is supposed the
carrying cost viii be greatly reduced.
We have seen q correspondence between Mr..
Win. F. Grnpell, OF this city, and the Secretary OF
ahe Treasury in relation to the government five
Become purchaser, applied to Mr. Cisco Cor in
formation concerning those securities. as the
Assistant Treasurer could not furnish the
knowledge desired, Mr.. Grinnell applied directly
10 Mr.. Chase putting to him two or three ques-
sons md requesting categorical answers. in
reply, the Secretary says that it is not the prac-
tioe Of Lis department.: TO give categorical
spswers, and that it would not be easy TO respond
=. ,Jr,,r.
ssrt Of Mr.. Chase that he knows bat very little
sbont the financial condition of the country.
The annual dividend Of only seven per cent in
common stock, just announced by The Reading
Railroad Company in the face Of its exhibit of al
nOst unoQualled profits, has caused come little
disappointment with shareholders. The following
aness and hguree, from the Mining Register, of
Saturday, show he gres. prosperity Of the COM
psny:-
por The ivove mouths Of the official year the net profit
-in exceed % 800 600. FOR tho official year ending No
vembor 80 lse the whole interest account amounted 10
ooIy sI4? ssh And aaner deducting all expenses, IN.
rudng renewal fund and interest the bonds the net
yrohts 81 S53 93 81 equal TO II 2oo per cent on
all the outstanding stock, common and preferred For
lses tho net profit will be than million and quar-
dollars of the net profit Of 1862, and wi
equal after payment of interest ON a debts and divi
preferred shares TO more than twenty per cent
pn the common stock. In heu however, Of distributing
,ce div eud fund among the share the policy OF
toy maiuro adhered to- And hence the purchase
bends for the sinking fund diminish the outstanding
nndcd debt while dividends payable In stock increate
sfo and amount OF capital shares On the 18th or
January 1893 tho capital and debt Of the Philadelphia
Ind Reading Halroad Company vw 10 there amounts, 20
yr
.y9,SST
Preferred ,iocs............. .......... ,55l 500
1o,a .sil ,J4s 92e
Tho total liabilities Of the company are a. fol
sSws
kaock and preferred fl1 64s g29
Eords and mortgages ..,....+...''... lzooo,loo
fOhl 'f-JSoo05V@'
TIC dividend promised 10y the Illinois Central in
January will be the ;hird dividend within twelve
months, two per cent paid in February, two
ysr cent IN July, and the four per cent 10 be paid
makes eight per cent The pet income tins year
10 largely increased by collections upon the lands,
which average over 100000 per month, for twelve
months past The sales Of land since January ex.
ceed two million dollars.
The steamer Corsica for Nassau aud Havana,
rhch sailed to-day took out fl72 ,l42 in specie.
The $40 loan sold last week was scattered over
1he several States as follows, subscribed through