The New York herald., 1875-12-16
SALES At AUCTION.

SALES At AUCTION
The following securities were sold to-day az auc-
tom
Sixty-nve shares Beaver Branch Railroad Company
Mo Ss 253 shares Michigan Central Railroad Company
603s 60h los shares National Bank. State Of New
York IO5 "a shares Bank OF New York 1884, 500 shares
Union Consolidated Mining Company OF Tennessee
$3.50; 200 shares Mediterranean and Oriental steam
Navigation Company So 100 shares Accessory Transit
SKIES Of Isl coupons, i24gs $1,000 United States
skies of 65, coupons ll6h $1,000 United States skies
'64 coupons, li5S; sl35oo Alabama State eight per
cent bonds due October, 1885, PIX 900 Alabama
SIG 900 city Of New York additional New Croton Aquc
duct per cent stock, due 1900 1l2a ~ shares
Metropolitan Gaslght Company scrip stock, lo41s;
2,ss0 do. do, scrip stock, lO41z 800 shares Bulls
Head Rank SO; $00 900 Allentown School District, Pa,
sevens SO; SIS, 900 City OF Evansville, Ind, seycns
1857; $50 600 CITY OF Montgomery Ala, eights, 10
500 coupon Alabama and Chattanooga Railroad Com
pany S33; $12 900 State or Virginia consolidated debt
SKIES At; $50 Commonwealth of Virginia SKIES, Sl2;
So, 10 do do. do, SO; 1892 certificate and coupon
from unpaid coupons of debt Of State of Virginia. 49, 40
shares The Howe Manufacturing dln) Company, 35l;
7S shares Third Avenue Railroad Company, lac AL
81, 900 Indianapolis and Vincennos Railroad Company
first mortgage, 7o SO shares Illinois Central Railroad
Company 6sI a 651a; $4,000 Pennsylvania six per
stock, 1881 $4,000 Lchgh Coal and Navigations
consolidated mortgage, loi; $1,000 Buffalo New York
$1,000 Canada Southern Railroad Company first
mortgage sevens, 56.a; s25 600 New Orleans Jackson
Great Northern Railroad Company sevens 401s Al;
100000 New Orleans, Jackson Ct n. Railroad
Company sovcns. 401s Is shares Mercantile Mutual
Insurance Company IS; ST. 100 Metropolitan Gas Com
pany scrip stock 1o4t1; 80 shares Resolutc Fire IN
surance Company, s71a 100 shares Rutgers Fire In
surance Company, 1888; 45 shares Mechanics and
Traders Fire Insurance Company, COL 10 shares
American Exchange Fire Insurance Company, ll0h
40 shares Phoenix National Bank, 1905; 20 shares
Park National Bank 14l; 10 shares Ninth National
Bank, so; share Clinton Hall Association, 49, ST. 900
Texas and Pacific Railroad seven per cent bonds IL;
$4,000 Morris and Essex Railroad Company first mort
bonds, 9S1a; 100 shares Manhattan Gaslight Company
800 3091a $50 shares One Hundred and Twenty fifth
Street Rail- oad Company, So 81, 900 New Haven, Mid
detown and Willmantc Railroad Company first mort
gage bonos 27; shares Metallic Tug Company 46;
$l,750 Memphis and Little Rock Railroad Company 20
MEMORANDA
Tho recent decision OF the Court of Appeals in the
OF Quincy White CT al. contains points of i'm
portance all who occasionally engage in what they
imagine be 'lmited" stock pools, and has a direct
bearing upon or two cases OF the kind now in hti-
CATION. The suit instituted to the loss
ethrd Of tho quantity of the Reading Railroad stock
which had been bought for combination, composed Of
White, Woodward aud Young. White and Woodward
each had taken up and paid for thcr onethird Young
unable to do or to protect by deposit OF addi-
tiona margin the remaining one-thrd. Thereupon
Heath the broker sold out Youngs stock at loss of
upward of $780, 900 and brought suit against the SEQ
partnership for the difference and interest," recovering
judgment against White, Woodward and Young col
lectVey ana individually. upon appear the court OF
last has confirmed the judgment, except for
small item in the account of $4,000
CHICAGO NORTHWESTERN.
For the information OF the readers of the HERALD
give the following the tax upon the net earnings
OF the combined system of the Chicago and North
western Railroad Company, which takes precedent of
dividends the stocks of the company
The entire road Is !, 900 miles long
The annual interest OH S45.O 600 OF bonds
per last report reduced TO currency. So $50 900
Annual contribution due to the sinking fund. 49, 900
Rentals of leased lines. ............... 100, 600
Total regular earnings ahead OF stock dvl-
dends. ...................... 4SsS, 900
Contingent upon the net earnings seven per
cent dividend on 81, ,sS5 653 of preferred
stock Observation-Disclosures. 1904, 600
Total amount required before the comnol
stock can earn penny. ,3i2 900
The total net earnings applicable to these purposes
for the past two years. officially reported have been
So, ,0o6, 900 for 1874 and So, 2a6, 600 for 1878.
TIE FREIGHT AGENTS
meeting OF the general freight agents OF the trunk
lines held Tuesday to consider the complaints OF
the New ork merchants regarding the Determinations
against this city, The Erie representative moved to
the from this city figures equal those
from Boston but the motion rejected by the Cen
and Hudson and Pennsylvania roads. The meeting
adjourned until Friday to give time induce tho
Grand Trunk to its rates from Boston The Bal
timore and Ohio road represented at the
meeting