New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-06


Specie 2S,395,6O0 Deposits $50
Cir ;uation..... $500
The transactions at the Clearing house for the
past week compare follows with those of the pre-
vious week.
Cearncs for the week ending Dec. 27... 3loO999 81
Cearngs the week ending Jan 3...... 36l6l793 Is
Balances for the week ending Dec Ill.,. 1851 Sl Is
Balances for the week ending Jan. 3.....- lo672l3 IL
Messrs. Fisk & Hatch present the bondholders OF
the Central Pacific Railroad with their usual an
nual statement of the affairs of the Company,
showing the earnings and operating expenses for
the past year. The statement is very favorable, the
road showing q steady gain in les traffic. The earn
ngs for the year were Sl3,S7l ,OS9; operating ex-
penses IS $50 440 earnings over expenses. - Isl 64S
The total bonded debt of the Company not inclnd-
ing the Government Aid bonds is S5433i 0CO calling
for interest to the amount of S319S70 in gold. The
surplus earnings of the road over and above all
charges for operating expenses and interest
are stated at Si,767,292, being upward OF
per cent upon the outstanding capital
stock of the Company, amounting now to S542'5,CO.
The property and assets of the Company are valued
at Slsl 0S5 796. Liabilities, including stock Gov
eminent aid bonds and bonds of all other classes,
Sla4l2OO0. The policy of the Company with re-
gard to these bonds has been to sell them ut low
prices and easy terms to actual settlers. Most OF
the lands that have been sold were purchased for
gOIu on q CTculU Oh I'VE yedrs-t VI ~ POA
cent being made at the time of sale and the remain
der in equal annual installmens with interest at the
rate of ten per cent per annum payable on all sums
remaining unpaid. OF these lands there were sold
previous to Oct. /. 1870. 137.63j.55 acres, which
brought the sum of S295 065 80, being anaverage OK
go II per acre. From Oct. /, 1870. TO Dec 81,
1872 there were sold I'D 76509 acres for $fsiH W,
being an average of SO 93 per acre. From Decem-
Der 81 1872 to June &c. 1873. there were sold 2OtsH
acres for sl32337 81. or So Al per acre These sales
were made to LAG individual purchasers being an
average of about 1871 acres to each buyer. Tho
steady advance in the average price OF lands sold
indicates the increasing value of the unsold lands
and usties the policy of selling as far as practice
BILE to actual settlers for cultivation The wealth OF
the SOIL as exhibited in its great WOOL grain, ana
wine productions aud the advantages OF climate arc
attracting attention that must yearly largely In
crease the flow of population in this direction, and
for the coming year the prospects are that larger
number of settlers than ever before will locate on
the lands of this company.
Holders of the first mortgage bonds of the New
.Jersey Southern Railroad Company are invited 70
an advertisement in our financial column.
The Republic Fire Insurance Company has do
clAred semi annual dividend Of per cent. payable
Jan 6; also scrip dividend Of 50 per cent ON the
earned premiums of 1878, on participating pocieA
for which certificates will be issued on and After
March 2, 1874. The capital Of the Republic is SSD0
600, and the cash assets over 100000
The Niagara Fire Insurance Company has declssso