The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-10-31
MON Ely NIAKI<ET.
Sunday, October 3O-6 p. Nj.


The foreign bill market Saturday firm,
and good bills sold at ST. Canada bank bills held
at o. There several mails due from the SOUTH which
have decreased the supply but arrive in time for the
packet of tomorrow. Very many buyers have held
back under the expectation that the supply from the
south for this packet would be sufficiently large to de-
press the Some of these purchased Saturday
Hence the RISE
The pertinacity of the managers of the Harlem Rail
Road ia undertaking to hwar the construction of road
Albany unless the debt and expenses their
company is averaged upon the whole route is astonsh
ing According the report made to the meeting of
stockholders up September ls s4, the whole receipts
from the business of the road in any year has
equaled its expenses From 1884, when the road
went into operation to September, ls4l the whole
ceipts $52S 993. The gross expense in the
time, ST. ,SSS,l3 OF this amount, the current
penses repairs interest, Insurance. SC. sc according
the report, S72i7l2 95 being deficiency between
current receipts and current expenditures of
Sl95,7l9. This embraces period OF ten years of the
NEST exravagant speculations The remaining expense
Sll63O was for grading, laying rails. Wescheser
road sc. Sc In the eight months of sll, ending Sep
TENDER st being the business portion of the year. the
operation was as follows
Total rec eipts from the business of the road
current expense exclusive OF real estate,
rails, nc. &c. $500
When this report made the stock stood at soon
after Samuel Brooks, Esq. resigned, and the stock fell
gradually to six per cent about the middle of March, 1t
acknowledged to be utterly worthless. At that time
purchases commenced which reached the extent of half
the capital stock and that stock has been since held yet
the price scarcely u.s. With receipts per
than the expenses debt of $500 0O and the
road miserably in want of repairs how they talk of
extending it to Albany, and that too just at the
mencement OF winter, when the receipts fall off i'm.
mensely.
Our recent remarks in relation to the coming meeting
of the stockholders of the Erie Railroad have called forth
the following hints for any who wishes to become
purchaser the sale of the the LIST December
next
you should feel desire to become rch and to
be the owner OF large possessonsa great and influential
man among all the decency" of Wall street, you
do by improving some information which !
learned upon this subject at Piermont. Some will
Project work of internal improvement, which you
foresee will be imperatively required by the enter
prize OF large city, and tho wants of vast district of
country Get your brothers and friends to unite in tax
ing upa majority of the stock of the concern-make two
of your brothers, your fahern law and his directors
with yourselftake the chief executive Office with your
brohern for treasurer and his cousin for cashier and
plant toaor secretarythe ignorant your brother
ia.Iaw his cousin are, the better for your success.
Havinthus all the power you WILL at the outset of the
enterprise find many desirable locations on the route
which you can buy up, and then locate your work
through them. This end of the work WILL OF course
tract your early attention and to fool the persons owning
property at the places you desire to purchase will be
thrown off their guard that buy the lands
with facility and then locate your line. Let be
employed who will fail to be your plant tool but be
that all for advancing plans right wrong;
and if an honest gets on the work, you
prescribe him of all and every means. Take up
sdencs at the eina, and make arrangements to
the permanent location of resident engineer" along
side ofyou who will enable you to work out the sp
proved system of roguery yet discovered known
this you accomplish by charging the company exhorbi
tant sums for materials required for filling up while
you are in reality having grounds graded for the
erection OF buildings As you have brether-inaw for
treasurer whose cousin is cashier, and machine for
cretary. you readily succeed in obtaining cash for
such estimates OF the resident" if they should
amount to fifty thousand dollars ~! Materials that
hid in embankments very difficult to measure, and
can't tell any tales especially if they under water
" Investigations" be frustrated in their efforts to latch
you, by getting plant contractor to shade you from
sight H. from your great avarce, you become obnoxi-
Gus TO the other directors who related to then
employ some clustering political ignoramus, for small
consideration, to do your dirty work. your subst
ute TO chase" your subconractors and more"
your interest-this latter being your main object.
Your acts Will at last begin tn leak out but stick
place and threaten of the refractory
buy over others, and charm few the largest with
misses OF fat contracts and rich pckngs they will only
sustain and perpetuate the direction
was"viy the character and motives of every gentle
proposed director to fill the of one OF your
route just about the time of the election
as to deiude the silly by crazy projects based
shine to the immediate construction" portions
of the work.
FINALLY all your evil dongs will be divulged and the
boys in the will all old stones" you pass; and
then, when shame and con fusion Will helm you
corner Of the earth, taking with you all
who aided your vlanies, else remain and meet tho
frowns Of society, AID the vengeance OF the law"
The following return of the Ohio Banks at four PEE