The New York herald., 1844-10-21

The closing quotations yesterday, generally, were
shade better than those ruling the close Of the previous
week but in one or two particular instances quite ad
vsnce former quotations as been teazed In Nor
wch and Worcester for Instance the rise has been
per cent. stonngton 81 Etie RAILROAD Ohio 6's q
Illinois The only sto in the lis. which fallen off
Morris Canal and the present position Of the property
OF that is sufficiently precarous to induce hold
srs to submit to loss the stock they hold get rid Of
it. On the 2lst inst the property Of the company will be
sold on mortgage, and the only value The stock in
the market can possess s the right privilege pay
proportion the stock hoden placing the canal
in complete repair should the Of the qure
the granting Of these conditions 1t Is very probable
however that purchaser will be found and that the
party upon whose claim, the sale is offered must take
possession We much doubt the possibility of making
this canal piece of proper ty could be pul-
chased at the nerest trfecompared with immense
cost -as il would require a; least hundred thousand
dollars to place the zig able and from
the competition surrounding it all Sides it is hardly
probable that the business Of this canal would pay over
far Of interest the capital expended in REPAIRS
leaving out entirely the first st
The Baltimore morey market remains without the
slightest Change The current rates Of interest 4i
eper cent al which any of capital could be OBJ
tsned on good securities.
The recent favorable report Of the Baltimore and Ohio
Railroad Company has placed the financial affairs Of the
those previously made aDd the perfect understanding
obtained oil the of the company through
channel cannot but prove beneficial credit of the
city oil Baltimore TO the State of Mary land and the
value Of the stock in the market. The capital Of the
railroad is divided 20 900 shares of 500 each
which the atty Of Baltimore 35 0O0 of Mary
land Ooo from which the treasury Of the city will
ceive $7 and the State $i2 600 being the amount Of
the late dividend Of two and half per cent The State
haa in tta nahi inotnp rrap IF
road amounting to $500 shares valued at Ss5O00O
which dividend Of per has lately been declared
which, with the bonus Of fifty cents each passenger
transported swells TIE income Of the State this year.
from this source, to 040 10 These 60 still
further tow ards onvncng that the credit and
Of the delinquent States be derived the pro-
ductvenese Of the public works within their limits
than anything else. II requires time to perfect and make
productive the many inter- spread
the Unon but the rapid growth of the country and
the increase in internal commerce, must exert
derul influence all railroads and canals and eventual
ly make them productive any others in the world
The amount Of tolls received all the canals OF this
State to close Of lst week OF October 1884, since
opening Of navigation compared with last shows in
three hundred and thirteen thousand FIVE hun.
dred and fifty five dollars.
ToLLs ON CANALS STATS NEw YonK
Total amount received to close M week in Oct 1874 81 e8,o
Total amount received close in Oct l8i3 5s72s5
Surplus,n 1874. ......,...... ............... 3iy555
Showing increase of about twenty per cent. Should
the increase be at the rate to the close OF
the total receipts of the OF 1914 will
about ~ 400 600 This amount with the income from
the tax win be large ugh meet the payment
for the expenses and large debt
leave quite surplus TO 90 TO the canal sinking fund
the pay ment of the canal debt
The receipts Of the Reading Rail Road Tor the week
ending the 18th inst show falling OF compared with
the previous -
PHiLApELrHs AND EAp,.o Ran ROAD COMPANY.