The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-17

There has also been an increased shipment. The
promise of large crop of sugar in Louisiana and
also still larger In Cuba at the close of sl7 has
had very influence upon the price Of the
article of sugar. since this lc Of January last and hes
been selling lower than for many back Wehave
been making enquiries, and Satisfied that there will
to DO great in the quantity expected to lie
furnished from the present gears crops and we bo
leve 1t will BE- found before the close Of the season. that
there is greater deficiency than there at the
mencemsnt Of the year lsA7 when prices ranged full %
per cent higher than they do Prior to the first
Of November last all tn, accounts from New Orleans
indicated that there would be yield Of at east 240 900
bids from the Louisiana sugar astrct-tbat crop has
been gathered and tho quantity substantially
tanned, and it will no. exceed lsoeoO-in consequence
of the severe frost in November-a quantity hardly
sufficient to supply tho valley of the Mississippi;
and whatever is sent from thence to the Atlantic
cities, will have to be made good by inportatons
from Havana. In relation to the Cuba crop, all tbs
accounts from the ports the north side Of the
island show that thers has prevailed long continued
and severe drought having commenced In January
and not having terminated by the last accounts recev
Cd at the close Of February The planters the Island
write that the yields juice and the opinion has
become general that tho crop Of the Island will be near
~ quarter less than it was lest yeariIdeed, the
drought has been that shipments Of usu
rom this port to the Island In relation to the supplies
from the British West Indies all accounts agree that
the in the pecuniary aars Of the Islands,
and the difficulty procuring labor have created very
extensive Of the crop peomach to have
caused parliamentary enquiry into the matter Upon
the whole considering that Europe s well supplied with
fosd and that there is likely therefore to be enlarged
ability to put chase the article Of sugar, thing that
before the fall trade shall hsvs fairly commenced the
deficiency will be found great 1T the close Of ls46
The Osd.nsburg Railroad Is rapidly progressing. and
a connection between Boston and the Western
lakes will be made than has been generally anti
sipated This read will connect at Lake Champlan with
the Vermont and MASSACHUSETTS Railroad, forming
continuous line The Eastern termination Ct the Og
dentburg Railroad is Rouss's Point, Lake Champaign
and the last thirty miles west Of that point has been
located and is now ready and in the hands OF Efficient
contractors Six thousand tons Of rails have been pur
chased to be delivered before the first Of October next
The timber for ties fences has been purchased and
the ohars aud spikes Ten first elias, engines have
been contracted for Sixty miles Of the road will be
ready the rails the early part Of the next autumn
q portion Of the remainder In the month Of April fol-
loving and all by the first of July succeeding The d.
rectors confidently believe that tho road will be opened
for freight and travel from Ogdsnsbugh to Rouse Point
on Lake CHAMPAIGN, by the 18th Of Augu,t, lsi9 The
affairs Of the company In condition entirely
tisfactorv