The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-05
COMMERCIAL AFFhIRS.
MONEY MA.RKET.
Saturday. March q


Stocks generally improved todaythe result partially,
of the favorable from Europe At the first board
Treasury notes advanced 4 per cent Long Island q
Canton, 4 Farmers Loan, x Harlem, Morris Ca
nal, Reading Railroad, an Pennsylvania SIS closed
at yesterdays prices.
At the second board, there only few sales, and
prices closed about the these current in the
morning
The arrival OF the steamship Britannia at Boston,
with fourteen days later intelligence dispellsd tho
anxiety which existed and the advces being Of favors
BILE character In q commercial point Of view had SEN
sible effect upon the stock market. The advance In
cotton is considered the best could possibly
have received at this moment and tho decline bread
stufYs appears to DO matter Of particular impor
lance, it having been anticipated Money continues
easy and the failures bad about ceased.
The annexed statement exhibits the receipts of the
Western Railroad Company from the LIST of Dec, the
date of its annual report to the goth Of February in
each of the past two years -
MAssAcHusErrs WESTERN RAILROAD
ls46-'47. lS47-'4S. Increase,
Freight and Mail. l53055 Sl60,50s $7453
Psssengers ....... 6s,l9o 1886 1920
saala5l $24l,sa4 saO,57a
This Is small increase in the aggregate, being less
than ten per cent
gain in the receipts of the Ola Colony Railroad
cent, has been realized.
The bill to incorporate the Mobile and Ohio Railroad
Company has passed both branches of the Legislature Of
Mississippi and only awaits the signature of the Cover
nor to become law. The bill passed is the
that passed BY the Legislature Of Alabama, with this
oepon the section which relates to taxing the railroad
Is stricken out and substitute incorporated exempt
ing the road from taxation until it pays per cent per
snnum, and then to DO taxed tho Same per centsge a.
lands are taxed in the State Of Mississippi.
The Pennsylvania Canal Commissioners have pub
shed their official notification that the public works Of
tho State viii be opened for navigation follows
The Delaware division the LIST Of MaTch
Ths main line (ffom Philadelphia to Pittsburgh) on
the 10th of March.
The Surquehsnns and North and West branches on
the 18th OF March.
The Secretary of the Treasury has issued circular to
the collectors of tho various ports relative to the coec
ton Of duties in certain doubtful cases. and advising
certain regulations for the prompt discharge of
duty In some particulars The principal points In the
order are as follow, viz
In every case where there doubt of the amount Of
duty according to the tariff Of ls46 the government
ders the collection of the highest anding
the theory of the honorable secretary that the lower tho
duty tbs larger the Tho atice chiefly affected
by the present instructions that which under
the denomination of velvetcen &C. This class Of articles
heretofore been introduced under the head Of cotton
velvet which pays duty OF 20 per cent only Inc Sc
head Of cotton goods and duty of IS cent
Percussion caps viii pay duty Of 80 per cent instead Of
being placed under the head Of fulmnatss which are
taxed 20 per Iodine to pay duty Of 30 per cent
The collector ordered to send previous to the
memo sment quarter estimate Of the expenses for
that quarter Appraisers ordered to make their
turn IS to damaged goods within twenty days. This
latter regulation is made ia order to insure q moro
speedy quarterly return of the revenue receipts
The annual report of the Buffalo and Black Rock Rail-
road company for the year ls47 gives tho following
OF the earnings of the road SC for that year
Length Of road three miles. Cost Of construction to
JAM /, $4,000 Receipts from passengers, $2se4 Al.
Current expenses s25 Number Of passengers 90 400
Number of passenger cars, Eve; number of men ON
ployed, three number of horses six miles run BY
OF OnO