The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-07-13
coAAERCIAL IPflIRy.
HONEY MAP.KET.
vTes uaraAR

y, July l2-6 p. n.
tnef' was shsh' imp .cvsment to-day in some Of
INC iAnces' WINE gov .rnment securities fell of frac-
NV 'ne urn Soard Canton Co. advanced u per
cent. Lr,e va" -oad q, stonington y, Harlem y; U.
o 1907 .eclined y. and 1862 a. The sales were
nv. ~.s and the market closed firm.
AZ me second board the transactions were limited
a. little better paces Harlem went up = per cent,
Erie Railroad q, Canton Co. a.
Unemployed capital is rapidly accommodating in the
street and it is getting difficult every day to loan
money at any rate In cotton there has been within
the past day or two more enquiry for money and bu-
siness paper has bsen plentier in the market Four
per cent Is about the highest rate ruling here for
loans call.
The receipts at the office Of the Assistant Treasurer
OF this port to-day, amounted to Sis 374 20 pay
ments, s3o466 AZ; advices, s4l Oooi balance slo07-
OLE 49,
The Norwich and Worcester Railroad ompany have
declared dividend Of two and half per cent, paya
bic in the bonds of the company. The company do
not say whether this dividend is out of the earning,
Of the past six months not but it is several years
fince.a dividend has been declared, and still longer
since one has been earned the suppositon is that the
above dividend is to be paid in the way many other rail-
road dividends paid out Of tho capital We have
been under the impression that this company had
used its capital long ago and that the interest on
its debt required the whole of the surplus earnings
The fact that this dividend is payable in the bonds of
the company, is sufficient to satisfy any one that il
has not been earned 1t adds much to the cost Of
the road and this extraordinary movement is made to
enable some parties to get rid Of their stock better
prices 1t would be we'll for the outsiders TO be careful
how they touch this stock
From a comparative statement of receipts Of canal
and railroad tolls on the State works of Pennsylvania
this year and last, it appears that the aggregate
amount OF tolls collected, to the LIST July 1S4S was
$73sOol So and up to the LIST July, ls49 they amount
ed to S7t8 $40 49, showing increase the present
year, the last Of sos Last year the gross
amount received to the LIST of December, Sl553-
3. If the receipts of the remaining part of the pre-
sent year should only equal those Of last year gross
amount Of the year will be S1,6ls712 90.
The State debt of New Hampshire, above its avail
able funds s24 SAG IL Its expenditures last year
about 100000. Its State tax was S5997s; pro-
ceeds Of public lands S1 isl 49, and its railroad tax
was 1885, GA, divided thus-Concord Railroad tax
slol7s 90; Boston and Maine, s5,s9l o5; Nashua and
Lowell, $1,lO4 SO; Cheshire, $3.50 %; Northern,
$16056 70; Eastern, 1899 IS
The annual report Of the Bank Of Charleston s. C..
gives very fattering account Of its condition The
immediate and liabilities Of the bank on the
Sd July, Qnst) were annexed -
BANK OF CHARLESTON, s. C.
s ss aHa ' sty ' ss
Due distant anks l79N Due by distant banks 205i
pue'o Agencies. FoA9 Due BY city banks. 70 s9s
Sterling Exchange. i, ts3S7
Domestic E1oEsnse, AS''"
maturing. .l,oo276
s2D6e2,.37 sss62,5O5
The suspended debt, anticipated in the last
report, has been reduced within the past year. to
comparatively small compass. The amount to the
debit Of that account proper at the present time is
81, $50 II.
The profits realised for the year aft or deduct
ing current charges and expenses, amounts
From this amount, two semi annual diyie ''''' -
dends Of per cent, each, with extra d.
dend OF per cent for the last six months
have been declared, amounting to. 80. 252 s6l 90
Leaving surplus Of. ................sl 5O46 SO
which 1t Is stated has been carried to the credit OF
the contingent fund account.
The dividends State and United States stock and
interest bonds sccrung for the last six months but
not receivable until after first July do not appear in
the present accounts. The amount will be $22 456 o.
The bank also holds amount of foreign exchange.
the profits which will appear only as realised from
Its sales II sold at the rates current in this CITY
for sterling and francs the profits would be S4367s 49,
but the amount WILL Of course, be varied according
to the prices At which the exchange may be sold at the
time
The losses Of the bank In the meantime promise to
be small The whole amount in suspense and jeopardy
Of the transae ions Of the past year. 362 IL Of
which the half in the view Of the case two
thirds may be lost. There has been now charged to
the account Of losses chsrgeabe to the contingent
fund account" the of S27 $50 62-s23372 % being
for debt Of Reid, Irving Co.. Of London noticed in
the last report The balance the credit Of the con-
tngcn fund account after these charges amounts to
t6l,11s 1T.
The stock Of this bank appears to be distributed ~
follows, viz Held by individuals in their own right
$lt'e,l5oi held by widows orphans, trustees and
guardians, 24l $50 by insurance and trust comps-
MES and banks-A part doubt, pledge $3.50 500;
making total Of S3,l60,so0.
The receipts Of the Macon aud Western Railroad
Company for the month Of June amounted to $50 ST.
against $soo1 20 for the month last year;
showing increase Of $50 49, eqss to 81 per cent
The annexed statement Of the Board Of Trade in
Great Britain exhibits the declared value Of certain
articles exported from the United Kingdom for the
month and the four months ending the 5th Of May In
each q the past two years
CesnsRcr on CRylr BRtrAIv-yArur or EYposrs
Month ended Sta Foar Months esdes
Nov 5fh