The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-01-12


The HERALD this morning purposely omitted COM
menting the despatch from ST. Joseph stating that
'steps being taken to apply for the appointment
of receiver for the Hannibal and ST. Joseph Railroad
&c, because upon examination Of the wording Of
the despatch and Of the alleged for the steps"
1t seemed to plainly bear the marks Of fraud We
have the authority Of President Nelson for
stating that the company has received ntimaton Of
any such steps from any of its agents. that there is
possible existing cause upon which such an appca-
ton could be maintained if made; that the company
has promptly paid all its interest and only recently
compromised and paid s29O 900 taxes for which its
attorneys advised It not liable that the company
has little floating debt and has large amount OF
floating assets The President gave it his opinion
that the Hannibal and St. Joseph Railroad at present
was in less embarrassed condition than any other
railroad the country" If it possible that the
alleged for application for receiver could
have been maintained against the recently retired
management they certainly could not be main
tanned against that which has been just installed
and which already has instituted several important
forms In the opinion Of the management the de-
spatch question only the sequel Of certain black
mailing efforts that have recently been made by per-
sons whom IL necessary some time ago to dis.
charge from the companys service while carrying out
a programme Of economy.
have issued the following statement During the
month December 1894 80 of land sold for
30 45o 81 The cash collected land contracts
Sos 375 IA The traffic the line in Illinois
$5Ie 500 "A against S52s S37 81 in December, 1874
The traffic the Iowa lines eased at IS per cent OF
gross recepts s16257 25 against $751; 597 IS in
December 1874
Gross traffic months, January to octo-
, yer o., 40, aosv , a"nth: Nc,aha, and ~. e''
cember lestmsted). '....,....'-...'..... L4o9,9ol
Gross traffic s., e47s55
of Decrease o' IN 1875 from i8i4 ST. from 1873
S44l, 692
The Chicago Milwaukee and ST Paul Railroad reports
its earnings for the arst week January follows
1875 1879
Gross earnings nrst week January 100000 sll5 900
Increase in 1876, $1,000
CENTRAL PACIFIC
The following the officially reported earnings Of
the Central Pacific Railroad Company
For the month Of December, 1875. 279DO0
For the month Of December 1874. $40 334
For the month Of December 1873 ......... l,l16366
Earnings twelve months 1874 ........... l6 e70 010
Earnings twelve months 1874 ....,....... IA 522 sl4
Earnings twelve months 1873 ............ l3 9l937l
MEMORANDA
The Inland insurance and Deposit Company Of Ian.
caster reported to have closed its doors this morning
The directors made assignment to S H Reynolds,
prominent lawyer Of that city. It is supposed the
assets will pay the general depostors There is very
little known the real condition OF the Affairs OF
the company.
The Supreme Court OF Massachusetts, has rendered
decision d,smissng the petition OF the minority OF the
stockholders OF the Franklin Telegraph Company for
the dissolution OF the company holding that
sonable cause exists for granting it,
AIr-Aat NOrolL cTOCK ENCnAhIOC CAL &C