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miles per hour, therefore, reduces the wear and tear 45 P cent With all these facts in mind, we believe the following estimate will be amply realized: $6,300,000 Gross rece ipts Expenses & $ cent which is equal to 60 Y cent. on 3,150,000 former rates charged last year $3,150,000 Net Income $1,739,570 Deduct 7 4 cent. on debt 420,000 Sinking Fund $2,159,570 Net income applicable to cash dividends and $990,430 With such contingencies a margin beyond all the eng agements tal by the Company, can any one believe, for a moment, that the interest on the debt and the pay. ments to the Sinking Fund can ever fail to be promptly ? met The earnings of the road must continue to increase yearly for a long time to come, for not only must the future increase of population and productions of the Western States add greatly each year to the traffic on the Erie Road, but there must also be a rapid and im portant yearly increase in the local traffic; for it is only within a few years that the counties through which the road passes have had access to a market for their products, and consequently the local traffic is, as yet, only in its infancy The Sinking Fund of the New York and Erie Railroad Company will absorb in the twelve months after the negotiation of the loan, if the bonds are purchased $420,000 15,000 Plus at eix par months' interest on said amount, about $435 000 In the first year 420,000 nd year $420,000 Plus six months interest on 45,000 435,008 Plus 12 months interest on $900,000 In two years. The effect of the monthly purchases of the new bonds by the Sinking Fund, must be to cause them to be firmly held at a profit from the very day of their negotiation, for all but needy sellers will wait for a rise before they sell, and those desirous of selling will only offer them when the purchases of the Sinking Fund are made. The needy sellers will probably not more than suffice for the purchases of the Sinking Fund, particularly if, as there is every probability, the money markets next year should everywhere become easy, and interest fall to moderate rates. The steadiness which all this will produce in the market value of the new bonds, will soon attract the attention of persons who have temporary investments to make, and these bonds will, no doubt, soon obtain a preference from this class of capitalists over every other investment offering in this market. This will further improve their market value, 80 that it appears certain to us that the original takers of the new loan will realize a profit on them within a moderate time. Should the entire loan be taken in Europe, the holders could at once establish the price at par, and the Company would be forced to take them at this price; and should the holders refuse to sell at par, the Company will then be forced to purchase the bonds of 1862 and 1871, which would, in that event, soon rise to par. If the present holders of the 1862 and 1871 bonds were to take the new loan, they would soon see their old bonds rise to par as well as the new ones. No loan has ever been offered anywhere, on which a profit was 80 certain to be realized, as the new Loan of the New.York and Erie Railroad Company. As the Company has decided to close Construction Account for the present, there is no danger that the pecuniary embarrassments of the past can ever occur again. We regret to announce that another City ank has been, through mismanagement, brought into trouble. The Central Bank, situated in Chambers st near Broadway, has been suspended from the ClearingHouse. It paid up its balances to day, but, after examination, the Committees thought it judicious to euspend them. Mr. Jos. R. Taylor is President and Walter Oakley, Cashier of this bank. Its statemen in the Bank Statement of Monday last was-Loans and discounts, $301,173; specie, $22,405; circulation, $83,733; deposits, $186,249; capital, $300,000. The cans, It will be seen, have been reduced to within $1,200 of the capital. The securities with the Controller for the circulation are worth about $116,000, 80 that the notes reperfectly secure. The depositors will probably be paid in full The fine new marble build ing on the corner of Chambers-st. and Broadway was intended for the occupancy of this institution. The assets of the Empire City Bank, we hear, are of very doubtful character. The deposits may be paid, but the stock dividend promises to be small. The stock has been sold at 44. The interest on the New-York Central Railroad Convertible Bonds, due on the 15 inst., will be paid at the banking-houses of Messrs. Duncan, Sherman & Co., of this City. The Central Bank of Brooklyn has declared a semi-annual dividend of 4 P cent. With regard to the failure of Messrs. Blodgett & Co., of Boston, announced yesterday, it is stated that they owe between $1,900,000 and $2,000,000, aud show a surplus of $200,000 or $300,000. They owe one Milk-st. house $176,000, and another $151,000, and owe several other creditors about $50,000 each. The failures at the South and West, and the utter impossibility of collecting the vast sums due them, is the cause assigned for this suspension. It is the Jargest failure of the season in Boston. The generally received explanation of the nonincrease of specie in the last Bank Statement is, that the late disbursements of coin from the Assay Office have been drawn off for the purpose of strengthening the banks of Philadelphia, Boston and the West. From the latter section of the country, however, as far as we can ascertain, the receipts have been about equal to the shipments. The Philadelphia and Boston banks are very short of specie, and have been oorrowing here. There is also, probably some hoarding of gold among parties who have no means of discriminating between bank notes which are safe to hold and those which are not. The day of departure of the Collins steamers from this port has been changed from Saturday to Wednesday, in consequence of the withdrawal of the Cunard"ere. The next Collins steamer from this port will leave on Wednesday, the 27th inst. Mr. Edward Bill's Circular gives the following statistics of the exports of Breadstuffs to Great Britain and Ireland from 1st September, 1854: Flour, C.Meal, Whest, Corn, bbls bbla. bush From bush 22 New York 19,589 41,108 1,721,951 New Orleans 4719 1,164