New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-12-25

per cent ~ principal, with on--hsf "a ne ,,.. ~,
coupons added l,o@et' -
TotsI fs,sss hsfup to Jaly ls.s..... seslell -
Canals ODehsfo Of principal of Bonds....+. s'oIS'" w
's seSes a., 'e.e'' 80
Csnss one coupon. belousi 10 souds sS %
Total Of Csnsrs onehsf up 10 July l. lsi' ATSr> ~
The amount Of the several stocks Issued under the
at for nquidsung the public debt upto July l. ISIS"
s. follows viz
per cent STATE Stock tslse
Il per cent State stock .......... lct.oI ~
per cent Preferred Csnsl Stock........... ioHN 20
per Deferred Csnsl siocs. Ners ~
u per cent Specsl sen,fred Csns s,oss... ilsh& -
=, per cent : ecisl Deferred Cana ssocs... NV w
Totsl Of Stocks issued 10 July L. s2ioi" /"
OF the foregoing tho state Is paying interest only ON
her per cent State stock at the rate OF pr cent
After the year 1883 tn, rate OF interest on this VII 90
per cent
After 1853, the p pei cent state stocks will dr,"a
ierest At that rate
The remaining stock. are thrown upon the Canal and
their redemption principal and interest depends upon
the receipts from tho Canal In accordance" WITH tnr
provisions OF the act above referred 10.
The amour, OF interest paid on the state ceet In
lsi7 aud ls4s was s26g770 The amount OF Domestic
debt s6ls go OF which only s52 $40 10 10 be met BY
the state revenue. The annual revenue of tho state.
including portion Of previous mresrsge is si2l,n'
70 being s5Oi0l o. rnore than the year before Tho
semi annual interest the State deb, was paid on the
Is. OF July last the deficiency in the treasury having
tho branches OF the state Bank II is designed TO
make up any deficiency that may exist IN January NM
July Of next year in the same way
According 10 the estimate OF the Auditor after MAX
ing all tho ordinary expenditures during tho current
nsca year and after redeemins the estimsod amount
of 100000 of Treasury Notes principal aud Interest
there will be lett applicable to the payment OF 'h' IN
tere., On the public debt $4,000 from which deduct
the loan tor the interest Of July lse $4,000, also the
probable sum needed pay the interest aud exchanges
Tor January lsi9 SOS 000 and tho same amount Tor
July lsi0 sos 600 equal to $4,000, This would 'es'"
deficit next July of only s2looo This small bs~ne"'
II ia safe 20 presume, would be overcome by inc 'n
creased receipts the Treasury by the lst OF 'snaA
f,lowng But as the revenue 10 actually pay aol" unu'
he latter part OF the Winter Is caleulsed that such
would be the result by the ist OF July, 1850.
The finances of North Carolina are not repre-
seated by the Governor being in very prosperous
| condition. The state debt amounts TO s'-ooo on
which $4,000 payable after l-to' and sS-oopPAy
able by nstallment. AFTER i-so Both these s"oan's
have been assumed by the state In aid Of the hs"zh
| and Castor Railroad Company To meet the nso''s'
If these debts the Treasury requires sioOoO per en-
num- and s25 900 ~ a snkins fund, making an sss's
cate OF $4,000 tns current expenses Oi inc 'o'rs
nent amount TO e7OOo0 that an Income oi ssoo"o
. required 10 enable tho Treasury 10 meet is payment"
The present income Of the state 10 s'oooo inis ""
estimated mig be rsised 10 siOoVo by "'y'ns
and tax and Poll tax and even with this there VIII
ia deficiency OF $4,000 10 be msds up from other
.oarc.. The Governor recommends an Issue q State
bond. having tsn years run 10 Inset the Interest on
,bs ,DoOOO debt and the nsslnsDts and interest OF
the other making proper provision for tho rsdempuon
of IN. new Issues o. bond. the end Of tho ten years
NV e.tsbi.bins sinking fund Of about 5000 per an
nam The connection Of the hnsncss Of The STATE wts
of IN. O.son Raro.d Company has Involved me
Sat. In heavy responsibilities The disbar"msn's ~
the road exceeded rs recsipn asst yer so"at t--
sud the Governor recommend. the s''"aIo 20 $40
.ueh measures the esigenciss OF IN" c.s" trisI.
IA. suggests that 81 the following methods y" soV
ed .-l.t resale ~ the formsf socAh"'ashs ~ ''"'
,oui.e of the .uis. now pending suitable terms Dc
offered "a To retain .. y@'n'a~as a. IT,
toe state after repsinBs IL In ,bs best msnn"r ~ 70
amt. n with the Raleigh and Chsfios fosd c"nnseues
Nth ths, from Charlotte - ,os"mDi. A'' WV
completing the gree, chain 81 Southern foaas
The south Carolina House VI Assembly IN ION
.ntes Of the whole hsye decided thss tbs 's'osns'
ias of the Bank Of ,hs s,s,s is issxpsdisnt
The receipts on the Syracuse snf Os~eso ma"
,oad since the opening Oct 10. % the issn inss wv
passengers. exceeds no Daring tbs las, -ees s'ses
We, $40 The management ~ the company snusl
DAT. an income Of 900 DO TOT psser"se" WYNN ~
arst year 81 is operation
The basine.. on the Saratoga and Washington
Railroad indlc.tss that tho most ssnssins expectations
Of the pTo sotor. ~i be- me-, This road completes ""
.,e.m communication between The Hudson sn' 'n~
Lakas
Me..rs Fbenexer Allen and A. J. fs1es hsse
returned L. Houston Texas from their iosf ,hfossh
the eastern Counties In search ~ means :" c"ns"ses
the sre.t Railroad b. CONNECT Galveston SIN "" hs'
u. .I..aa uxl< 0I.R
IN. di.,aoes !. about so mss and there sfe scarcely
30 families now residing the direc, linz 81 me
rou.e several hoanshlng villages, however sfe s's
sted Gear the proposed road
The Jaeksonc,u, fIil.l drgas says that the Rail
rood between Maple. and that place has been "a, IN %
GRAFTON aud the Junction between tbs new and od pos
don. Of the road having been completed the Iocomo
i've ~ill make regular trips 10 Berlin -ir,sea misss
| remain v b. comy.stsd before the cvs can reach
springfield which Il expected u be done IN TOO DC
| thres weeks
A locomotive with car fall Of managers and
editors passed over tho fret eight miles Of the Chicago
and Gslens Railroad on the I'D alt
| A bill has been lntrodsc ed into tho New bamP'
shire Legislature 10 restrict the dividends OF kArosd
| stock 10 per cent
In the Senate Of South Csroins, The biii " En-
tend aid 70 the Wilmington AMI Manchester hAnfosa
| vas passed 6y vote OF " 70 IL "soo's''''
Of the state stock Of the = Csrollns Railroad p'
DAVID A. Neal, ESQ. President Of the nHs'"
Railroad IL 10 said 10 TO have the gensrsi sspsfA ~
the Reading Road, from and sfssr the i" 's"'-''
salary Of 5000 per snnum u.a,o.x
The earnings Of The South Carolina nsao.a'
n, sox, months Ia isa7 ending Nov. H. we're sSss"'
..ms time IN ls.s, sosass. I'e'....' sllas..
The total amount Of earnings o. 'hs os.a"
1 - ..x,ng Nov Do we're - TO- "a ~
n. .,..s.. Of MAINTAINING saa WORKING thu rod for
-. 80 n.rod has ssss sass4so Of. Lss'iss bel
rtos. ys.r' Slsaass I"
\, !, asserted in the Canada papers that the Pro
,,.c,.l xlnissry hsve agreed 10 recommend 10 PSis
,.o, tbs endors Of bonds 10 ths amount u -
600 for tie Crest wssssrn Railroad sns me san
for the Monssesl and Portland ins PsfAsness usss
for ,s Winter session shs tra wssk 10 January. n
No.srsa Herald ssys taas rs can b delivsss1 ffou
- L.<H @IA 49,