The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-04-27

Correspondence Of the HERALD


BosToN, April Is, lS46.
Another Tea Sale Great Rise in Western Railroad
Stoek-A Neat Operation, and much Money
made-Stock Falling again-TM Albamiams
Naughty Folks FoHrlrites in Bostom-A Pro.
p'sitio" for Deacon G,eeley's Ears-Fum in Bos-
fon-"IaAramd" Severe Purge Another Office
Sfted Out-Coi Thomas and Co.
Another cargo tea sale came off yesterday under
the auspices Of Robins and Co the crack auction
GERS Of Boston. This was the Heber's cargo, as
mentioned by me the other day There was
good deal of spirit manifested at the sale, and the
whole cargo, with the exception of one or two
chops Withdrawn, went of at fair prices, and into
the hands OF the dealers. The dickies of the Bos-
ton merchants are trife sitter in consequence Of
this event, and small rise in the starch market is
anticipated.
You have probably noticed what great rise
Western Railroad stock took here a few months
since. II went up per saitem, from II to 1884 the
par being $loO, and all IN consequence OF an lngen
GUS device Invented by P. P. F. De Grand. Esq !,
and accomplished by the Legislature at the late SEES
sion. This road cost some seven or eight millions
OF dollars, and the stock paid in only amounted to
about four millions. Consequently, q debt was
contracted for the balance of the fund expended.
lnis ceot Is owing to the State, which issued its
scrip Tor the benefit OF the road, and De Grand's
device was simply for the Legislature to authorize
the company to issue new stock for the amount
annually paid by the company out of its earnings,
ton of the State scrip. This new stock to be sold
at par, and the proceeds to be put into the compa.
ny's assets wherewth to make dividends AS the
state owns shares to the amount of one million of
amount OF sixty thousand dollars year, the Legis-
lature jumped at the proposition and gave the re-
quislte power at once. The consequence was that
. Inc STOCK became at once paying six per cent
STOCK, ana ar0ee In price accordingly Those who
were In the secret, and watched the operation,
bought shares at the low price, and made good
deal OF money.
The great harvest time for this road is in the
winleI' wnen the navigation of the Hudson is
closed, and the Western produce coming into AL
bany on the New York railroads comes over the
western 20 Boston. and goods for traders return by
the same route Last winter the first that this
business was carried on, owing to the action Of
the New York Legislature in opening the railroads
OF your state Tor freight, when the canal is closed
Legislature was the rise Of Western railroad stock
from A to H. and, as have just related, our LIE.
slslature last winter, by another fine stroke, pitch
60 u up 70 an hundred and over. The recent pro-
to any company that will build railroad from New
YORK to Albany, has, however, put a damper upon
me naming hopes OF our Western railroad folks.
aGa .ney are now ready to ease off little in the
PRICE OF their stock. II can be had to-day for lOl
Il Albany does this thing, she is naughty city,
and ought to be ashamed Of herself, SO she had ::
a. least our folks think 80 down east, and they are
not slow to say 1t. Poor fellows, they never will
Ind out that the world was not made for Boston
alone.
We have little sprinkling Of every kind of hum.
pug mere, ana among the rest some Fourierites
who swear by Parson Brisbane, one of the great
guns, though Taylor by name, has given up the al
tar, hndng that it don't pay. He figured at Ske.
neateles tor some time, and was over head and ears
another element, having invented submarine ar.
Mour, with which he ran walk the bottom OF
me sea, and explore the mysteries of marine life at
his leisure. This he has found more useful. and
hope more profitable business than digging no the
toundatlons OF society and ascending into the bow
eis 9 Of community. Your neighbor, Deacon Greedy
y, usfa 70 De great rourierte and if he still stick.
| 10 IL you had better advise him to give il I'D ane
try the submarine business. His explorations into
Clay will mt him admirably for this kind Of work
ny the way, once heard man say OF Greedy tina
very long ears, which would make at least fou
common sized human ears. Perhaps he might brins
these asslne aPpendages to good use in sticking
snrh NJ .ossher over his head, and making helme
Inere Is no derth in amusements just now in the
city OF notions. With the National Theatre-the
Museum, which Is also to all intents and purposes
theatre-the Circus, and one or two exhibitions Of
necromancy, legerdemain, and the like, one can
| ma place 10 drop IN tor an hour nearly every
evening. Signor Pico and Signor Sanquirico
rrlmo Buffo and Prlma Donna Of the Italian Opera
OF your city, give Concert here this evening az the
| Melodean-they will not do well, the Season" is
past, and Will not come again merely for the call.
ing. Musclans, vocallsts, and the like have theil
harvest even as the rest of us, but don't come
| In the spring or mid summer.
brownson, the transcendentalist and general non
descrlpt, OF whom you hear so much, got into a
knock down day or two since, on which occasion
| he glorousy mauled young student about two.
thirds his own size, fer daring to cal in question
the truth OF his, Brownson's, newly espoused hob.
| by, Catholicism. Did you ever see this man?
Your Tallsyrand letter from Washington had
quite purging eecI here day before yesterday, il
having started Nat Greene out of the Post Office,
and sent him post haste for Washington.
Between ourselves, it is said that your Talley.
rand letter was written in Boston and sent to the
Herald uia Washington. 1t cut so close that the
wounded would fan resort to some such invention
to take of its edge.
In hunting over the rubbish of executive favor.
the ashsifers have discovered another coal OF 60.
vernment patronage of goodIy size, which is as
yet Incorporated, viz: the naval storekeeper, an
office which Is now hlledby SETH. Thomas, Eco !,
OF Charestown. This has been brought to light,
and assigned by the "wise 'uns' to Lewis Josseiyn
Esq, whole hog Van Buren, man. But according
to my notions they are calculating without their
host this time, and will find that their supposed dis
covery is after all a well ascertaned and settled
fixture OF this administration. Seth is quiet one
and during all the rumpus has laid low, and said
not word. But he knows when to wag his tail
as well as another and where to wag IT, and is Just
as sure OF his bone the aforesaid discoveries are
OF apPropr:ating II to themselves. He got his office
from Captain Tyler, but never did much for the
Captain. Guy FAux.