New-York daily tribune., 1849-09-06
.,.uERc1AL AND MONEY MATTERS.
For Sale. Of S'ocs,, sc. zee Fo.DtA Psss

wspNEsDAY, sept 5-P. NJ.
p. Stock market to-day was heavier for iaocies
.,aoyernmen, Stocks were IN demand at Father bet.
o,ee.. There wss considerable disposition to buy.
-, Exchange market closed heavy for sterlins Z
,. for arstelsss bills. The supply was good, and
-..d,rsble amounts left over.
The receipts u. the New York and New Haven
,,aro.d are becoming enormous. For the pas, three
,,,, they Fave amounted 10 the cum Of so,Ol@-or
,oo VI diem, and yesterday the extraordinary
,.mkr Of 223e. passengers passed over the road to
-, from ibs Harlem koad'
-.s Hudson River Railroad Company have ost
a. their second annual report, in which is detailed
:. .,os.id.rsble length and with much fairness, the
...Auon OF the Company. We annex an abstract -
,snor, states that the del.y the southern por.
,os the road has been caused by the prevalence Of
"a. Cholera This is now s0sung
-. yoy,oe and Car Houses al Thrty-hrs,st are now
"a he poni OF compilation, aud the Csfs and Locomo-
49,. in the course Of delivery
r- APP icauon 10 toe Common Council FOR permission
,,sxrsd tne uscs 70 ChamoersL aiier several months
s,.y has final passed he Board OF Aldermen, and 10
st {, entertained that Immediately sfier the Il
VI me-i with tie concurrence OF Tho Board VI Assist
as slso ,
-, ne Board have the satisfaction that In both
s,..nces 10 which proposals were Invited an amount
-, <s0ooo Of Bonds were offered, aud proposals for
tsSo we're received and accepted. There cOndi-
I however imposed BY some Of The parties rho bid for
4. that hey should have pfeempuve privilege %
. AZURE issues under All arrangement TO extend the
,vlese for thirty days ~ all sechhO ders a; that time
esdng which l5,50O more wss taken up with The Ike
r<nsge msslDg tue aggregate amount Of The hrst
~ 90 Oftbs amount IS s0s 81 had been psc 10 up
- n ana the resinoer5 per had been pad
n pures who had stipulated for delay n the time
fisynenL On the 2.-t Of June notice was given Of
,obcr issue Of sao0oo and lenders were made and &C
f.r< .tef has adv hear.
10 bonds have been issued al than par for those
.bg per interest, and ssis per cent for those
n vii kns be perceived that 81 7OOO Of the s3OOoooo
q bonds specially authorized to be Issued by the amend
re5i sei OF msfch 10 is4o, nave been soia ana ihs
$1,000 remain 10 be Issued, which the Board have
)doubi Of realizing a. The funds may be wanted a. VIII
r.rsly be the case In October.
Provision has been made in the mortgage, which has
ss,n eveeued for issuing additional 900 900 under H.
The sum Of t2s57 30 has been paid on the original sub
,prOn of As Os O 10 the stock 5l7 shares have been
is,ed. which ss2le had been paid. leaving s4l43o
Ifpsd thereon which being charged TO the account Of
fps leaves these 5l7 shares available item for fu
are .sus slls,75o remains due on .s72 shares
An existing agreement with the Trenton Iron Company
or he uture supply Of $3.50 tuns of Iron mentioned
ps report of February last and was then sisted that
IA. Company IN negotiation for iis modification.
sheh negotiation has terminated In az agreement with
ts Company to pay them IN the bonds Of This Company
s61 or ~ 50 per iun and 20 cancel the contract Their
10 shares " STOCK originally agreed, 10 be forfeited
with per paid thereon, thus reducing he actual pf
sallay loss to the Company 10 $40 800 Tn. outlay VII
bv esnceng The for receiving the 5000 hi
81 81 II expected that the same viii be- replaced nj
.. than a42 50 per iun; the Company have received
ossr. their option u Tursdsy next Of 1000 tuns oi
hon he equal the best usually Imported. at The price
Of a. 30 sterling free on board 10 Wsies-when WIN
he uuscharges for exchange. insurance, ifeeht and com
mission will cost So 20 To 81 IS per mG exclusive of
dgy WITH the present duty 80 10 40 - per lun The
ofef will probably be accepted
Mr. Jervi- has raised his es mate for the completion of
ihe work TO Albany 10 s65s30 EApense 80 Tar nghl
spared by sacnhcng something IN the mode Of
economy. which bas been uniformly rejected On hoaa
thus per,ey constructed with grade practically level
VIZ bs seen by ibs table Of grsdes-sppendix d, and
de,Stng bat 81 per cent from straight me Hls msn-
~ that rate OF speed can tie Attained eeuu 10 '"s' Oh
NJ hesf Rosds In other countries.
Ife Albany and Boston Road rsvefsss distance OF
hundred miles to reach the sea bosrd ~ su etpend
Of SIS 900 900 with iis high grades and sharp
forced instead Of natural avenue OF irtde
and eau vet Yield dividend ~ over per cent how can
hbe doubted that the Hudson River Road only ~ mile
ilng far ts superior In all these respecs VIII be abe
nste larger return even cost greatly exceeding
bsi w ieh 10 sDticpst
Nr Jsrvi.s estimate Of income 10 sssed charge Of
dollar and half for the summer or open nverD iafe
10 Albany THE experience Of tte present yea 10 the
operation Of the New-YOrk and New Haven Railway,
the Board that the adoption OF the charge of two
d0isfs for hrstcass passengers dunng tue summer VII
secure ne bum OF that portion Of the travel The charter
sdmiis Of chsrge OF two cents mile DUNG summer
AID two and half cents during the Winter but no more
sl s. through TO Albany AT any season On me chase
g feght here Ia no restriction of rate Duflng open
navgauou, $4,000 from this source has been he e,si'
Of Ar Jervis, which Is now considered much beo" 'he
probable result
The reciors feel no msgivings these points They
ihnk that 10 Pous shkeepse the net earnings not entirely
adequate, will gofsr toward paying me interest on w CO.
ths place True policy, therefore, requires thai
should he carried To Albany NJ. fast NJ consist
en with udicous view To- the hnances OF ihe 'opspg
The Board at liberty TO negotiate al lsfse iof
7sa of Bonds, payable In monthly insls menis oi
$eoisO Measures will be- Immediately tsken for having
ne whole line put In complete State ior etunR ana w
purchase of righ Of way will continued with renewed
sduity But while the Board spesks thus cautiously
a. To their future scon they To spprehend
ink he "a
ihs coming Winter
Mr. Jervis in his report TO the Directors speaks very
hvorsbly OF the character OF the work, AS completed
and states that It has stood exposure well The EN-
bankmsnt at the bad spots at Manhsttsnville aud
$ sPuy ytendevil Creek has been abandoned, and phe
bridge substituted. About 900 tuns OF iron have been
delivered on the line 500 tuns chairs and y3sls cross
,leepsrs The stone.cutrng amounts to l'oOo'ooO
rabie yards. In June, 5000 men were employed IN
,oy. about 1900. Mr.. Jervs hopes to open the ROAD
io Fishkl In September, and foughkeep'is in Nc
vember His estimate of the cost of the road Is a.
follows:
For Grading, Bridging and supers,ruc.ure, sin.
gle track, except The grading from Ne"'s o'A os 600
10 Pokeepse, which 10 for double Hsck.... so'Soo'SV
I@seD suIs,'s, ,o' nk" " "' 100000
last item have Just been furnished me by The Of
teers Of The Compsny-nsmeiy 40, 30 q.
f0f right OF wynn. ....-.sss. 'Sf-,fieeSS
For Depot land ~ Thirty-hrstst.... eouiV w
For Depot land and Way Stations Re
tween Nrw-York and PV'keepsle o....
Including the latter................ on'@4o ~ ~
For buildings in course ofconstruclon H'is' .
For Cars and Locomotives, paid Tor ., -
contracted dfor................... Ioso" w
a. still due for hight OF way 90 ..
below Poughkesp spse........-..... .o'"o w
Total ................ .S72sss7 90
L@.virg a slsnce OF ................ 7l,ll2 81
complete tie branch Of expenditure aooNe
Pou ghk espsi@ with some heavy expenditures
for the New.York stations yet TO be PROVIDED
for 49,
am therefore Of the opinion that an addition
will be required for these items, and nave .ooo,
hough proper TO add TO The general esumse oo,OVV
M.,,,s I. ,o,., Of f..................s7,s6 e., ,s65. $50
Mr. Young s Of opinion that the road will be open 10
P.ek,siu aud will be in operation by the st October
The track will be laid by the 18th September
h ,uotns a.. ,ha .,.,sp,ent Of receipts and expen-