The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-04

onOoy, Sans 10 Fs Ms
The stock market remains about the 1t closed
on Friday last The transactions to very limit
ed exteut and prices without any material alteration
At the second board. the sales confined to Har'
lem at slight advance prices current Friday.
The Bank OF CONNIE has declared q diviasnd OF
three and half per cent for the las, six months pAya
bic on demand
The Commercial Bank OF Albany has declared divi-
dsnd OF four per for the last six months payable
demand
The Merchants Bank Of Baltimore has declared d.
ridsud Of three per cent for the last six months.
The Chesspeake Bank Of Baltimore has declared .
semi. annual dividend Of three per cent.
The steamship Hibernia carried out salsls5 in spe
Gle, instead Of ss7s, 500, as reported.
The packet ship sddons for Liverpool, carried out
90 66o in specie
The able report Of the Comptroller of this State for
TIE year si7 which given at length in another part
ofour paper exceedingly full and rea
veto ths state debt and the banking systems
1t gives all the particulars of the operation Of the Safety
Fund and the Free okng systems; showing the num-
Der OF bank suspensions the losses both to the stock
holders and blu holders the amount Of securities lodged
for the security OF the bill holders at the par value
account Of the condition Of the banks OF the State
tlasushiDs the different systems The report also gives
the returns of special agents appointed to investigate
and quidate the Affairs Of those banks which have
ploded.
The finances Of the State In very prosperous
dton; the public debt is steadily and rapidly diminish
ir and the revenues Of the from its public
works increasing rapidly that the extngushmen
Of the State debt, at the time stipulated by the
constitution will be easily accomplished The public
works have produced, the past year. very large net
income The cost of these works to the State up De-
cember let ls4 $50 9s7 $780, and the gross
from tolls Tor the year ending September so ls47
$s,S3l77i The expenses Of repairs &C.. for the year
was s6ss76e leaving net income for ls& of 0O5
This amount, compared with that of the previous
years, stands as annexed: -
PrpLIc WORKS OF TIE STATE New YoRx-NEr
REVENUE
Year ending September 80. Is45 1876 Is47
Net iacome $20t6 433 s. lie l0S 50 8:8 COS
The net income in lsi7 equal to $40 per cent on
the aggregate cost of the canals.
The loans OF the State t. rail- companies amount
to 22S7 0e Of which So $50 700 has upon the
treasury leaving balance of 81 500 900, which the cora-
pauies TO which the loans and
provided for The So 665 700 has been added to the
cost OF the public works of the State, swelling the
amount to $Sl 653 035 The constitution fsrtu-
patey provides against increase of the State debt in
this wsy and trust ways and will hereafter be
provided for the payment of portion of the interest of
the large amount loaned to these railroad companies
when their lines are in profitable operation
The aggregate indebtedness Of the State the 30h
day of November, ls47, was annexed
FINANCES OF THE STATE New YoRK-AMoUNr
PUBLIC DKBr
Principal .annv Intst
Gsn.ral Fund and railroad debts S. 1879 $40 SO S3sa W
Canal dsb,. l673s'5s 81 saa 63s 40
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