The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-13

counts. The markets were not active, but prics'
were arm ct previous quotations. The dullnsss re-
ported attributed to the close Of the year. and the
approach Of tseholdsys Money was q sbuudant ..
any period within the past years the Of In
terest rules at the lowest point The supply Of bullion In
thu bank Of England continues to while the Or
custon was steadily dsorsasing This Is the result
Of the limited demand for money, and the difhculty
experienced in finding employment for capital Poll
tical affairs the continent quiet the public
funds were improving quiet can be preserved there
Will soon be q permanent improvement In commercial
msttsrs On the whole the intelligence IL satisfactory
and there are indications Of the approach Of better
times II the new year opens In Europe suspoiousy
- 1t closed, may look for prosperity smsng al
Glasses than has been experienced for the year just
closed.
The Greenwich savings' Bank has declared semi.
annual DIVIDEND at the rate ofsx Per per annuu
on sums Of $500 and under, and Of Eve per cent all
larger This Is per cent than has here
tofors been paid by the institution.
The East River Savinss' Institution has declared
dividend at the rate Of i've per cent snnum. pay
able ON demand.
The New Jersey Railroad and transportation Com
psny have declared ssmannua dividend Of four psr
cent payable 1st Of February.
The Delaware And Raritan Canal and Camden and
Amboy Railroad and Transportation Companies have
declared ssmisnnual dividend Of six per cent pay
able on the 18th instant.
The Connecticut River Railroad Conpan ~ has do.
olared . dividend Of four per cent.
The AFFAIRS Of the Philsdelphia, wilm ngten and
Baltimore Railroad Comps ny are rapidly improving,
and the depression which has 20 long weighed upon
tho stock IL now in fair way Of being removed. The
history Of this road 10 another illustration Of the
ravsgancs and gross ignorance exhibited In the ma
ArN - H..
thousands of dollars Of the original capital Of this road
squsndsrsd by the first boards Of directors, and
the work saddsd with liabilities which have required
several years Of the most rigid economy remove or
reduce About three since the present board Of
directors fortunately became the managers Of the oo-
psDy, and within that time very great progress has
been made in sxtrosting the financial affairs Of the
road from the confusion the previous managemsnt
had produced, and tho company IL getting out Of tho
woods. At tho time the change referred to above
was made, the road waa covered with mortgages The
first mortgage amounted to $2le7ooo, tho second to
100000 and the floating debt to $6Oo00o making an
aggregate Of moro than three and . half million of
dollars At that time the road out Of order the
running appurtsnancss limited, and the company un-
able to do the business daily Offering. The road now
In excellent condition. the running furniture Of the
first class, and the running arrangements Satisfactory
to the public with the exception Of the price pas
sage between the two cities, Phiadelphis and Bati
more. There IL great room for improvement in this
item, and the company will nd its income will not be
injured in the least BY fair reduction in their
charges Thes experience Of all the Eastern railroad
companies is sunhce Mt to confirm the truth Of this
and in al instances where the experiment has been
made, tho result has been satisfactory.
The capital Of this company has been increased by
issue of stock to take the second mortgage on the
road, Of 100000, and to pay the floating debt Of
.o00 making total Of $l,400,o0o This leaves
only the first mortgage Of So 1857 900 debt Of the
company. The net earnings Of the road more than
sufficient to pay the interest on the whole debt.
We see by official notices in the Mississippi papers,
that the first Monday in January the $780, acres
Of internal improvement lands to have been of.
fered for SALE BY auction, at the seat Of
These lands be paid for in the bonds coupons
of the State, sold account Of the Planters Bank
The lands said to have been carefully and
some of them among the richest aluvial lands In
Mississippi.