, 1874-01-06

| ia behindhand with the money, not paying the
eo * thn Continental Bank, the clerk stated that
| the Utica Clinton j. Burlington Railroad Com
| panY have leased the road, and the tessees have
| not been able to pay the rent. Inc t COMPANY a
- The Toledo, Peoria l. Wabash Railroad Com
| pany did not pay the sseml-annual coupons.
| General financial difficulty Ii assigned IS the
'"rf1 The Z Continental National Bank did not pay
| the coupona on the Louisville City nai1road
bonds. ...-:,
| it's coupons by Tressurer's certificate.
The coupons Of the international Coal d Kali.
| road Company, payable at t--s Leather Manutac-
ture1s' Bank, were not paid. ..-,
to be paid at the Bank Of America, were not
paid :: Buchanan County, Mo-, Charlton Io"n"
ship, Cincinnati Branch L. G. l. Le1' 1tallfoao,
and Lafayette County.
George Opdyke d Go. did not pay the 1o!low.
ing for want OF funds: Atchlaon, Topeka q
santa Re Railroad, and Mount Vernon City, Md:
Tho Bank of North America had no funds to
nav the coupons Of the Fort Howard, Wis, and
Green Bay. Wis. Railways.
The Delaware Hudson Canal Company did
not pay the coupons OF the Glen's Falls Hallway.
II. IT, Kemptou had funds to pay the
Grsenvi1lc Columbia Railroad coupons. -,
The Fa1mers Loan and Trust Company did
not pay tho following. funds not baving been
| forwarded: Leayenworth, Lawrence d. Calves
ton Railroad Michigan Railroad 4ankton d
Dakota; St. Paul Water Company; Fort Mayne,
Jackson Il Saginaw Railroad and the Council
Bluffs l. St. Joseph Rallrond.
Messrs. Lloyd, Hamilton l. Co. announced
yesterday that. owing to their suspension, they
1nade no arrangements to pay tha coupons Oh the
| bends of Altoona City, Pa.
Mees1s. Lancaster. Brown Co. yesterday in
At,a 1.1tl 1f nnoh fhar3aAfnn
and the Savannah Memphis Railroad bonds
that 10 provision had been mades to pay the in
! tereat on the same.
u. H. Kempton announced that he had no
funds to pay coupons OF bonds of Savannah O.
! Charleston Road. The interest on the bonds
| was not provided for last September.
| Tho First National Bank did not pay tho cou-
| pons due on the Atlantic, 51ississippi d Ohio
Railroad stock.
| The agents of tho New Orleans, Mobile d
Texas Railroad hare not received any instruc-
| tion to pay for the present.
The New York, Oswego l. Midland Railroad
| is in the hands Of a Receiver, who will not pay
for the present.
| The New York, Kingston J. Syracuse Railroad
| will probably pay when the extension OF twenty
| five miles. from Stamford, Delaware County, to
Oneonta, in tho SuHquehnnna Wiley, is com
| pleted. At present the earnings ire not SUI
| hcient to pay interest
The Omaha School coupons, payablo a. the
Fourth National! Bank, we're not redeemed, but
payment will be made in d few days.
| The Missouri Fort Scott ana Gulf coupons
we're paid ut the Far1ners' Loan and Trust Com
pnny. No. 2G Exchange place. This Company
announces that it will bo unable to pay the cou-
pons due on the IS, ,000.0C0 OF its irst-moItsage
10 per cent bonds. lts earnings TOT 1S15, estlnat-
| ipc for December, will DO about soc, GOO gross.
| and s230,000 net, against s691, $40 gross and
| a241, ,079 in 1872 and tile receipts from land
sales. etc.. 936,8l8 in 1873, against S102,
| in 1872. Thus the net receipts Of this year are
,AnI sn faaa fkoY4 Last
year. The Company, however, has . floating
debt of more thao $780, ,000 The land sales
| have been large, but comparatively eruall part
of tho price il 1ecelvod dur. ing the year OF the
s2uoo, 900 for lands, With s245 900 Of unpaid in
| terest. The value Of the lxnds. unsold Is estl-
mated at $2,641.84s- The Company also owns
S505. 600 OF county and town bonds, tho validity
Of many OF which 's pendlng IN court As Sooo,-
| first mortgage bonds, which is one-half more
than the dlspoYable receipts Of either Of the two
| years past, and as the second mortgage bonds
rcquire Sl94,700 moro-together more than
twice the surplus Of 1872-it is concluded TINT
the Company cannot hore to pay all IT'S interest
for sono years. The Company proposes that
the bondholdcrs accept 8 per cent preferred
stock for The coupons OF 1874 and one-half OF
the coupcaa of 1875; the holders OF second
mortgage bonds are asked to exchange their
bonds. with the coupon due last October, for a
preferred per cent stock. The exchange OF q
10 per cent bond for an = per cent stock may he
unpleasant, but as Il it is not accepted the roa1
must DO sold to satisfy tue hrst mortgage, ana
the second mortgage bonds M arc MADE sos: woIsMess
one. The Company announces that "se'eIal
years will elapse before their interest can pc
earned" BY thls plan the onIy on pa payments ,a re-
qui1ed on account OF interest for two years wlll
be S25o. 600 in 1878, and thls VIII pIopaoly per-
NIT the retirement Of the floating debt.
The coupons OF tue Atcnson' 4oPeAm 1, o. 2aut@ nAI
Fe Railroad Company were not paid. Ihe Com,
pany hare issued q circular to the STOCK and
I bohd-no!oers 70 EeIat10u " tue P4es1ut eo1u!. M
tion Of it's affairs. The floating DEBT Is now
$356,000, besides the January interest," 3, and
ta1es amounting to eoo,ooo near!y que. 1ne
! Land Department also owes S3oU,Vo0, being e1-