The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-04-07

NEw Yosx EsIE RAILROAD:
is4s: ls40 Inerease lste:
Js.usry. .....ss,6A ssss.o sl17!s
March 49,. 23 100 bO.O7S 369i3
Totsl .seo,ss2 $la29,s se7 3ss
This pcreas exceeds hu udred cent Of the re
oeipts In the first three months of 1870 S74ol6
Tor freight sos 9Ol from pssseDgsrs For tho same
period 1913 the from freight $40 0s2
aid from pas.spssrs 500 44o 1t appears BY this, the
par increase in earnings from passengers has been
greater than from freight.
The receipts Of the Long Island Railroad Company
for the month Of March, this ysar, wsre Sll76l -
sssinst $40 1874 4s for the corresponding month In
1848 showing increase Of 81 b78 81 for the month
this year-equsi 30 sixssen per cent.
The news from LursOs by the stssmssip Niagara,
Nt Halifax, from Liverpool, ia not very Important -
American securities firm at quotsu.ns current
~ the departure or the previous packet Cotton had
fallen OF eighth Of p.uuy per pound with mod.
crate eslee, the ntnusd very much
depsNssd. In . commercial and financial point OF
view the does not vary much from that received
by the last packets
In relation the rsce Mt suit between tho Bank Of
kentucky and The SchuyikM BAuk, the latter agrees
to sst all its sssss 10 the Kentucky Bank, though
1t but about half Of the amount OF the
cent judgment the Kentucky Bank agreeing to pay
aohuylki Bank psrsonsiiy liable to allow Mr..
wstberi the pre,ident hi, salary, 80 $780, anA
to release the fut acqaisttous Of thu Soau ylki
Bank from fertilizer liability, should the stockholders
think admirable to put the institution In operation
again. The value Of the sssets aud property reoo-
vered by the Kentucky Bank Is about S56o,OOO. The
ooss and pTeside uts salary, which it yields to the
'Sohuylkn Bank IL soms sl3 900 ga OO0 The meet
ing of the stockholders Of tho sohuykill Bank
quite fully attep and desire generally maui.
feet to put the back In operation ay.ia committee
spps to sscertan the most practicable pds
Of ssiDg this The President of the Bank declared
that he did not want the OF his shary, and that
the whole amount, SIC $780, now invested In Alns
-Hsuse per cent loans, should be made to the
bank "a II organised and ready TO resu
'busipess He Of opinion that the necessary eSs.
lstion might be at the present session Of the
Legislature, the committee just sppointed to devise
the proper action, prompt In the duties which
they have taken upon Them
The progress Of manufs lures at the South within
The part years has extr ordinary a7d It
IL equally surprieing the Improvements which have
been In the quality Of tn. fabrics manufactured
We see that the Augusta, Ga, Manufacturing Com.
epany having lately es.sd its capital from $3.50 90
to $500 GEO. have determined to op.n books for I'D
aitoDal Inscription Of $3.50 900. making total Of
$500 600. The mill Of this compsny at present or
gapixsd. turns off 81 COO yards Of cloth per week.
This will be Increased to 60 OO yards and
a the demand extends The demand already sxoeeds
the supply, and each loom gives proiact OF 40 yards
Der day There are plenty OF operatives and good
wages are paid to those employed 1t Il In contain.
plation to build ipmed. tey spoher mill In Augusta
Jor the rpinnipg yarn for export Gsorsia Is Ia ad
Of all other Southsra States In this important
branch Of Inquiry and We have no doubt her exam.
h>F oil txh .S.t.v hat b>
time far dtan. ~h.n the mpton the most
important articles of cotton goods in that section
OF the Union will b. manufactured IN the spot.
Movements are going on in south arolins which will
give an impetus to this busines company has recent
~ ests blish ed the sure Fails Factory Lexington
g. CO. Which Is now in ruccessful operation. IL DON.
tans 600 spndes eiehs cards ing of essh sixty.
ave pounds per day. aud sxteen looms weaving sixty
yards Of Osnaburg, each per day tho cloth being OF
excellent quality and weighing eight to the
yard. The operations Of the compsuy have thus far
given pra ct Of fifteen per the capital in
vested and they expect realize thirty per for
the year. bese small factories scattered the
entire Western country and pleased to them
extending to the extreme -outh Very few have any
dsa Of the immense extent Of the of
Ton goods in this country Of the quantity Of
material coDumed 10 the growing disriots. We have
annual reports OF the consumption Of cotton north
and east Of viraua, and 1t ia generally believed that
the total copsump'ou Of the eountry IL covered by
those returns ucb s however case; tho
and tens of thousands OF bales Of
annually south and vest Of Virginia, and the annual
increase In that section Of the country Is larger per
cent than In the North East. The importation Of
cottsn goods Of foreign has changed vary
much within tho pact dv. years. aud 1t il opiniou
that changes equally great will b realized Within ths
next ave years We must 10 = few yearse equal Faro
Deans in the manufacture of the fuest aud most ex-
psDsive descriptions Of cotton Ind wooen goods aud
revolution must long take place In this part of
our foreign trase All We ~aut Is capital. We have
the skin, the matera, The fAces, far power 10
concerned, the ability to suufaoturs the necessary
Daobioery operatives and kets to any extent but
~ehave not tho capital aud p-esre.s must there.
0hgu NJ sow aud steady The the
manufacturing 10 this country and No have dou bt
those ~ho think they vail Informed apou the
subject. will he Asrop' hrd 1t the imm-use numser OF
Of this Kind located In every part Of
Hhe,ceuntry.
Stock Exchange.
ssS ss sso * s, :s,sG H. .,s%
100 do 81 l'o IS do 1A
s:s. S' 49, ~ Harlem Railroad 80 ~ ~
y0 Esn,eshy Ss -, i@N vs. DO ss,N
n,s.: E:.s..'.sc. 81 a Long ii:.ndRR IS
1E An'Imt u ,sh NY 40 ,,o 23s
10o Fa mers TT t@ n0 do boo 24H
Ts &: 'S ~ - y DO 10 sSS a az
~ ~ MORE; SI c,nh ~ ~ Il 10 New Jersey lsS
100 BIO 81 IN, aesdi' az SlN
80 Csnten Co SIX 500 do Ronds 534
Second Board.