New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-12-14


H. Russell, Henry IT, Martin James Ia ''"D0''
Horace +. Clark, A. d. White
AZ the annual meeting the report OF It's business
for the year ending Sept. 80 was submitted lIoin
which We make the following synopsis;
cor,,, s,oc, ssIl 5000 GO s5i.9i,oOo $4,000
R"rJed JcLf'... l32ll34l 1907 ii2 l.4l&lOl
increase IN the cost OF property in the year Oi
YAGNrscs AND EXPLSsEs
s,i 1885, s$.sso sll lSsSi e l3fIs'.S
Operating expenses S,36,Isi l0ee<Joo i'0'o'i"
Ne, incomc........ s36M.,O5 s2o9alG6
Decrease III rs is cii.u''''' 1865. iacrcs.e.
Operating expenses. .7i9l ~, go go
The amount Of freight moved shows large de-
crease in tuns and stands follows:
TINS &ovID. e,o
lsC4....1557l4s lst5... l2'@2s9 Dec'-.-.'~oio7'
or decline of over l6 per cent.
The Road during the year has increased its stock
Of supplies TO &c proper standard" and has made
the usual repairs on its track ard rolling stock
Its construction account has been increased $751;
G6s including s6j9, 800 for new engines and cars.
To add these necessary engines, and TO bring It's
stock Of supplies up TO the proper standard TO pay
dividends. two millions Of short bonds have been
sold and the cost Of the property in the aggregate
increased 81 CT GOO. The report is not encouraging
TO holders Of railway property in any part Of the
country. but il is from no fault of the managers Of
the road. The high price Of labor and materials
during the past two years has more than absorbed
the increased earnings. The annual reports of the
other New-YoIk roads viii be looked for with Re-
newcd interest but none Of them viii be any better
for their shareholders than the Central, which has
been obliged to make dividends upon borrowed
money
The Northwestern Road earned the frstweek in
December:
lsGi sl47.5i2 1865 sl3l, s23 IInc--...l27l9
The Great Western Road of Canada earned the
first week in December:
.eJG6l3 .s63.329 ,7td
The stock Exchange Board has decided to hold
during the next week four sessions each day. The
first session will be held al 10 u M, the others al
lO} a. ~, p. M, and q ?. m. The Board room
is 10 remain open io- business from III IN. 20 !.
p. m
The earnings Of the Eric Railway for the month
! Of November, were:
lsC5 Sl452l7 &C ls64 sl 2 see OF Inc so2s go q
The receipts Of the RACINE and Mississippi and
Northern Illinois Railroads for Tho week ending
Docember7, were:
1876. iG2 q iss5....s9l9 i g. Inc..-.s35' "A
Receipts from January 10 December;
1865 .s66l.Ol5 "a lsa. s;SooOo IL .Slll.o0I o.
/ TIE Chicago Tribune says:
Business during the prese week has ruled unusually
/. dull and there has been little or no movement u
monetary circles. The demand for money during u.
early part OF the was less active but within ih
pact two days. owing to the fan In the prices OF pro
duce, there has been considerable inquiry By speeun
tors and Others, who think that the bottom has beet
)5 reached. and Gesrous Of investing The demar
81 ty The mercantile uGac is still moderately active; bu
3, tie bankers are unwilling az present to expand, an
o. none but iirfclass names are passed. The supply
81 currency every day becoming shorter and The lead
ing dscOuuthouses contracting tier usual lines
There change however. In the rate Of discount
- which remains steady al 10 per cent premiums but III
private BANKERS charging az per cent per month
The fer the shipment Of grain having closed an
tie PORK acking having scarcely opened yet
Ct there is little exchange beng made and rates ar
-ef firm 81 par buying and TO premium selling. Roun
81 lots are in demand by bankers az premium OF G5a5Jc
q per thousand bnt nearly all the leading banks CON
- PEELED to express currency daily 10 keep their balance
90 up at the East.
"a AT Boston business notes and acceptance are /
good supply. and those Of the irstclass, which hay
three or four months to run, arc sold in the opc
:, market at per cent, while other good names pa
- 9QIO, and lower grades from - to Is per cen
80 The stock market is steady at the quotations Il
- dividend paying securities and speculative share
but the principal transactions are in United State
- bonds.
At st. Louis NewYork Exchange is firm at Il
:. per cent premium buying, and 800 per cent prem
od um selling
y. B. wRIGHT's COTTON CIRCULAR.
u! INV. YORK, Wednesday, Dec. 49, l-65.-Owing
ed the observance Of the day for National Thanksgiving
ho the past has been broken week. this, viii the col
t!nued heavy receipts AT the ports and the difficulty
nd obtaining ire insurance. even at the enormous rate
n row charged by the Cts companies has caused thong
in morled degree, n continuance of the dullne
u noted in my previous circular AID prices have rule
81 rrcgulery. closing nomDaly At the submitted quot
- tons, The majority Of holders however, oter thci
cotton very sparingy, and evincc considerable cor
/ fdcnce in higher range Of prices prevailing later o.
. The sales OF the week have been 5000 bales. III
= export for the week has heeDtO Liverpool, $3.50 bales
O. Glasgow. 2; HGyIe, 2 Hi Hamburg oeOi Bremen 8
,, Total 6.3l9.
Southern markets by mail ere reported elsewhere
n full Is tecgral we have dates 10 the oh of Deceu
g. Der showing more active market IN the Gulf ports,
46G DC. for MiddlDP costing 500 SOC 10 sell In New
York, against quotations here OF 434JOc. Tor roo
m style OF hlddng Yet the bulk q the shipments iTOi
the GUf are for New York, buyers for foreign expoi
r. being unable to operate OF the ruling rates and
L. even Of tic little flat is shipped to Liverpool BEN
from hr hands The stocks oi cotton In The South an
&c here in New-York are excessive involving oxrem
ST rates Of fire Insurance. much Oneha per cent
. month being paid. The usual siringency in money 4
tie end Of the year is rot ghtcned by stock Of oOtto
IN all the Ports Of the value Of over SoU,OOOOJN
y REcrIPIe.-Facts have not justified the confident ton
assumed by receivers Of cotton AT tho ports and thei
ago1ts in The interior 10 tho quantity OF the eap
l0rteOming. The total receipts 20 date by mail an
70 telegraph are furnished elsewhere, and there Is "a
= symptom Of falling OIL People becoming familiar
y aed with estimates Of 10000 10 100000 FOR Tie 4
IL months ending lot OF September. 1906 VINO IN Soptcm
Der aud October confidently pred ced that all the avail
able cotton would be IN the ports by he end Of the year
C and every week We have Information Of quantities @
cotton in out Of the way districts, sueh as Florida
" North. Wcgiern Louisiana and Northern Texas