New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-07-13
Commercial and Money Matters.

w EDNEsDAf l. NJ
There was fair amonat of business done at the Board 10
day and better feeling observable. The tendency was
upward, and stocks closed firmly. City is sold at 1886 Ar
kansas 70 the ast sale, time since, was, we oe,eys
Bond, J; Farmers loai 4; Mohawk ,; Harlem I; Pst'f
son i Stoninson Is Long Island improved per cent
closed firm So buyer 30 days, and that offered Tor icy
part Of 5000 shares The movement in this stock Is getting
active.
Sterling is dull at s. premium; Francs 2ss a. 2ls NJ
activity III either.
Our calculation published ttm days since Of the con;
parave value of Government Elves aud Skies, has caus
the operators III Wasrert look into the matter song
what aud although they have been unable detect any Law
IN calculation, We; some of them have not heslta
say that 1t Is erroneous and that rate for Skies TOO
By reference the valuable aud extremely accurate tables
just published by Mr. Price, Of the Bank dt Commerce
i'll be that he makes the compromising rate st! hlsha
than According his tables the present value oil a.
per stock with 10 years rum pay ~ per cent
teesr S05 49, which very stated rate; aaa w
present value Of per Cent stock having 10 years TO t
paying the interest, S2l ST. This goes 10 pa"
that We were not TOO high in rate Of premium Tor se'
The Directors Of the Long Island Railroad have rasas1
report showing the present state and prospects oil me
pauy Ii shows the stockholders what has been doas an
gives plausible estimates for what be done VIXEN the fo
finished Geenbsh. BY the estimate Of the Eas'as
this can be done expense Of only S33O,o0O, when wv
income according the best estimates which can be iG
will be 30 per the present yane Of the stock u e
estimate is correct the report justly adds, Il woa.a
10 be for the interest the stockholders to have the m
TIE debts and liabilities Of the Company as io''h
aud payable al the periods stated viz: ., "a
+ the State of y. York, payable in 1881 SoouVV
ln.a second mortgage on the road being debt
originally contracted to the Morris CaLal and
Baking Co. of 100000 Of which $4,000
was paid aid the mortgage for the balance OF
$4,000 is now held by A. G. Thompson,
with whom arrangement has just been CON
cHded TO defer the payment for 4, 8, and ooco 10
years ........s. IVY
Bonds issued in 1910 10 years per cent :,
interest for the Hampstead Branch. ....... u, "
Bonds for rent and interest To the Brooklyn and
Jamaica Railroad Co. payable In 10 years from a., ~
June, lSi! "''
s,sr d"s n st5 . s aaa
Bonds issued for !roa Locomotive Engine, Ma 40, .,
teria!s, &C. due within the next months i3's''
Bonds at 10 years issued to residents Of L. Island
for money loaned at per and expended "a 0az 10
- '' STIFF %
The receipts and expenditures of the road as ID. are
stFucted and operated upon from May 1912 TO NAY '
as follows:
Receipts for passengers. i. .ss624l 63 ss573l 81
:" for freight. .......... 1890 81
I., Ihs expenses for the same period are 60
paid on Morris Canal debt. quo %
Rent to Brooklyn and Jamaica R'd Co. 5000 90
Fof all other purposes, as expenses pro-
per IN conducting the road, including 90 81 90
repairs. ..3..l4 - -. 20 q
The balance Of $4,000 49, together with two ,s est
Of onehalf per each sl45oo called eul. o. The
year. has been expended in continuing the 1aoeys
road, and for which sum, well as all othf. NV,
peaded, vouchers file! ,.bieh 70
The proposed length of the road is 9S miles The
miles operation and q additional miles ou.e
estimated time between N York and Boston ~ IL ~. as.
10 hours thus making saving time and avoiding aoaa
gers Of the Sound CATION. The Directors are o OF
Ina: the completion OF the road should go raPia rnu Be
the S330,O00 required TO finish it, only b,ss Of
required IN cash. fair estimate made On Iyr.,s,
the travel the stonington and Norwich and
roads by which the income of :be Long isian'' VIZ
pleted was placed al S229 0C0. .b,ts,
is 81 600 10000 shares Of $50 each or h and d.
SIS IS Per share has been paid by the a
has been expended In the construction o. The
road as FAR as constructed i. of the most - Is
ton, being laid With the heaviest solid rail Of % iD''