New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-09-06
COMMERCIAL AND MONEY MATTERS.

COMMERCIAL AND MONEY MATTERS.
FRIDAY Pm
The market shows no marked change 10 day, and
tle business done small
Exchanges are very quiet a. d a 10 for Sterling
ind - iar Frsncs with good supply AZ New Orleans
there nothing doing In foreign bills checks On the
North - per cent prem.
The German. Roster. got of last year, il will be
remembered with 100000 OF 100000 which he had
Nincd southern Banks and brokers Of by drawing
on New York against Cotton which he si,crward shipped
% Europe. We understand that after being pursusd
through England and France and all over the s~'s Can
tons by the interchangeable agents of the swinded he
a, a-, brought 70 Il compromise and disgorsed twenty
peg cent OF bis plumber.
The receipts of the Reading Railroad for last
week ~ compared with the corresponding week In lssJ
and sll were
week ending sept , isi9 ......-..sl2361 las
DO do Aug -. lsn ---....- u SIS l5lls
ID, do Aug 80, l-i5 .--..-..- 2-o22 2IE
The Morris and Essex Railroad Co has JUS, re-
solved to continue TIN. road Dover. some or 10 mies
northwest OF Morristown place situated in the mds,
Of the iron region Of NewJersey. The extension viii
probably be entered upon without unnecessary delsy
The Harlem Railroad Company have advertised
that they will receive proposals t tie 10Th inst Tor he
grading masonry and bridging about - miles OF said
railroad extending from the present terminus a, Whit
Palms. to point near the north line Of Weseheser Co
The whole OF the stock for the purpose Of paying
oft the Indebtedness Of the Housa,onc Railroad Co and
lr relaying the track with : rail has We understand
been subscribed A considerable portion was taken BY
tue old stockholders aud the remainder by Boston capt
ta.sts The plan, which was adopted At meeting Of
the stockholders in August, 10 Issue nVe thousand
shares new stock and sell the forfeited stock amounting
in AN 10 eleven thousand eight hundred and thirty nine
shares and with the money thus raised pay on The dso'
sfthe Company and put the road in complete order VIA
new heavy iron The whole stock was to BE- put 90 inc
market ~ 30 and upon this stock dividends OF eish, do
lars Der share or per cent to BE- paid out oil Tue
earnings Of the Company before the Did ockhode"fe
ceiye any thing After both classes OF stockhode"e
ceye eight dollars per share then each are to snare e
in any surplus earnings. In sny year does noty'ea
sufficient income TO pay eight dollars per share on 'hs
nsy stock the deficiency nu. be paid out OF the earn
pgs Of the next year The dividends TO commence "hen
the n-tsment paid in The first instameni oil twenty
dollars due within thirty days, and the remaining snJ
doar, will be called for wanted The following state
nent Of the situation Of the Road and IT, prosPec" b"
been furnished
The indebtedness. Of the Company on ist September
next with Interest that date Is estimated from epofn
heretofore made, at s'io''
F,r relsying the track with II rail Of IS rs y
ward there will be required about 500 tons
N iron which Is estimated NJ 50 per ton. 49,"
For new passengers csrs..-..--.....---- 3hJo
FIR forty new freight car-.-...--.--..., l2V"
For repairing and renewing bridge and
building new buildings and nSiures.-. l2Voo Nc
1s73oD
II 40 shares Of new stock At go. --.sHElD
For paying Indebtedness and relayins -
road a. above ---..--------.-------- o.oOoO
Leaving for contingent charges and div
blends -.-..--..-.---. ------.. 1919 Ii.
ts estimated that the old iron ando,her old materials
viii pay all the expenses Of relayng the road except'ns
purchase VI the new ron.
ESTIMATE Of Receipts and Expenses OF the Housa'one
Railroad Tor year after the comPetioh VI INC 10"
track. ,,
The passenrer business estimated TO Increase largely
but the freight only ia the regular rsuo heretofore
zed and the whole receipts Tor one year are %
-s-~'''
There j. no reason that the rate per mile on
the Housaion.c should exceed the rate Of ths
Eastern, and AZ any rate Il should not exceed
tha, Of the Western. They are, therefore, e.
ulnaed at 20 cests per mile run
The business estimated 70 be zone ~oIid re
qaire the engines TO run about 800 80 mr. .T, p
Vear which a ~ cents per mile "O1i DE s''i"'
The rents u the Berkshire hosd' "n'h q. ooo ,oooo
reiad. ~""" w.
f..,,,o ~. me-, e.rnings ......... Slz3VO
Dividend on II s3g shares II so per shf ss47l2 ox
Dividend on sl6I shares old stock al 81 ife5 lI3,1
Leaving for surplus. ---.-------.----
The State Tax Of one-quar,er Of one per cent
levied by act Of the las, Legislature Of Maryland. VII ~
deducted from the coupons Of July. l-4J
The Illinois State Register has come out upon inc
subject of the state Bank The Editor ssys;
AZ some doubt has been expressed in regard ~
position 10 regard 70 Banks. viii here remove -.
doubt by stating that shall oppose the resusei.
Of our pre.ent Banks and also the chsrterng Of NY
other In their stead