The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-11
G0MMERClAL AFRAIRS.


ng tho mortgage bonds and the railroad stock, fell
of considerably. The bonds sold yesterday morning
at co. they opened this morning at 81 and closed ct
65 showing decline Of in twenty four hours. This
decline occssoned BY reports detrimental to the
company which freely circulated In the street.
In other stocks there was with two exceptions
. slight decline at bota boards.
The message Of the Governor Of Psnnsy,vania to
the Legislature Of that State, gives full and suo-
cinct account Of the public finances, aud the future
financial prospects of the treasury. The aggregate
indebtedness Of the State the l't Of Dso lS4s was
S40424,738 0S, classified - follows
FINANCES or PENNsYLvANIA-PuBLIo DEsr.
per cent stock. 81 6S7 6s9 90
do. do. ......37l 06 SOL Is
~ 90. 90. ZVV,UOO w
Relief Notes In circulation. 7O2G84 90
Interest Certificates outstan-
INTEREST certiacstes un-
claimed .............. 4,44s IS
Interest on unclaimed and
outstanding certificates to
be added to them when
Domestic Creditors 49,. ..... ss3iS Ss
Total amount Of public debt Deo LIST,
ls4s. .$4o424,73s %
or the above there is dus and dsmandabie at the
treasury as follows -:
Relief Notes. '.......... $702 co. 90
Interest Csrt,hostss Of all kinds. 2ss 4Os 70
$l,Oal, sSs "a
The amount of relief notes which form part Of the
floating debt, will not press immediately upon the
treasury, as they will be redeemed from time to time
presented. The residue $328722 "a, is due and de-
mandsble. Ofths funded debt 041, 79s 2I are due
and demandabe, making the present liability of the
Tr asury, $a,s76,6is %.
The amount Of interest the public debt, payable
In 1S49 10 estimated as annexed
Interest the public debt 81 1857 $40 OG
At 6 PR cent per snnum. $113252 o.
$37 BOB sol IL ut per cent. 685, 290 05
100000 at ~ per cent. .......... 0OOO 90
Regular annual interest on the loans a.
they stood Dec. lht 1848. ....... 1857 ,642 90
On . portion Of the above loans there
will be to pay 3H years intereat on Feb
rusiy LIST, lS49, which 1t Is estimated
will more ase the amount. ...... 1000 90
In whatever amou pt of interest certif-
cates may be funded bet wee q The LIST
OF February and the Let Of August next,
there will be due ct the latter period
years interest, estimated at. 49,. 1900 90
Probable amount of interest for 1s49 $20C6 542 90
To which add guaranteed int est on
Danvie and Pottsville Railroad, and
Bald Eagle and Iiogs Navigation Com
psnies. "".... ~ 800 %
s2o30O42 90
The estimates of receipts and expe ndtures for the
current year chow of revenue after meeting
all the ordinary expenses, including the above for
interest," Of $la6 300 Among the exps IL the
Of two hundred Thousand dollars for cancsling
relief notes.
The executive rays with much truth, that admitting
the correctness Of the estimates is apparent the
State Is placed In condition better by the lapse Of
time material dimnuton, II any, Of the public
debt iseeoted Indeed even the payment of the
interest has depended and will depend the anticips
ton Of properly belonging to the next fiscal
year system Of providing to meet the liabilities
of the State which pays part the debt and meets
the payment OF the annual interest BY drafts
fund rai.ed for the discharge Of another duty, aud
which collects from the people upwards Of two millions
Of dollars yearly requires supervision and msndmentj
The Of revenue, during the past four years,
after meeting all the ordinary expenditures, amounts
to $s7 ,S4q &c. will be by tho annexed state
ment for each year.
ORDINARY REyRSUE ARD EXPENDITURES OF PENN