The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-08-23
CONF RCiAL APPAIRY

wednesday,, aug SS-o r n.
We have nothing to report In the stock market
to-day The trans actions at the first board were to
limited extent and prices remain without any material
alteration. There more activity in Long Island
than in any other fancy good many brokers out
Of town, but those remaining evinoe not the slightest
disposition to operate one way the other The besrs
ere anxious to SELL but tho bulls cautious only
purchase to Ill some struggling order.
The large sale Of worsted goods passed of day With
considerable spirit but the prices obtained we're not 70
high anticipated The fall trade has opened with q
great deal Of animation aud the indications are In "a
vor of . heavy business.
The receipts at the once Of the Assistant Treasursr
OF this port to- day amounted to ses03o. Payment.
s2lt 331 "a. Adviees slsDco Balance s2s 6o3 80.
Counterfeit $40 bills the st. Adams Bank. w.,
are in sctiys circulation, we'll calculated 70 deceive
Two dollar counterfeits the Essex County Bank,
keesville. badly executed are also aaoa.
The amount oflumber survc, ed from the LIST 10 3st
July. at Bangor, Maine 1880 s0s feet against
30 as7 $50 for the corresponding month last season.
showing falling OF in the survey for the month OF
July Of lo's7sSS feet The aggregate Of Lumber
veyed to the let Of August Is IS 5s5o1l feet against
esac3 l3s feet to the same time last season. making
difference Of 22'I7 724 feet lest, The deficiency In the
survey this appears be the Of an excess
sivs drought, and not the Of vent or demand
for lumb,r.
The result Oft recent investigation into The AZ
fairs Of the Boston and Maine Railroad Corporation
made by the committee % stoekhoidsrs win be the
turning out Of the whole board ~ directors aud a.
complete revolution In the management OF the affairs
OF the company. At the meeting Of stockholders held
TO receive the report the scckholder sommttee pre-
ssnted the ANNEXED resolution, which was unanmous-
ly sdcpted -
Resolved That the directors be required 10 prssept
of h.
names Of the conductors engine and ticket mas
20 .n. ~ ., me company pesyins the
the brskemep Of the baggage masters aud mall ear
riers employed upon the line With the sversge com
fensation of each elses the number ~ attached
to each station, not I'm the aforesaid classes their du
ties and compepsstion-snd the number Of lsborers,
upon the line 81 the road not attached to any paricu
lar station with the total amount of their
pay-all expenditures charged 10 construction run
that the true condition Of the scmpsny may be fully
understood.
This is the skeleton for all railroad reports and a ia
necessary to pstieulsrire every Item OF expenditure
that any approach 70 exrsvssance In any de.
psrtmsnt may be detected. A resolution was passed
at the meeting referred TO shove that the sonsrus
ton acsount be closed soon a, possible The OBJ
jet Of ths und.ubteey Is 70 prevent any farther in.
assss Of the capital OF the sompasy BY eharengi t
with expenses which should come annually out Of the
earnings. before the declaration Of dividend THE
construction account r. Of service the manars-
ment as II enables them to cover up their srtravs-
sanse, and present very favorable statement Of
pendturss for operating the line 81 closing that
count the stockholders place cheek upon the dires-
tors, and compel them TO present more correct and
faithful reports ofex penses The dr-etorso Of
railroads have cftnnty 81 swelling construction
accounts 20 an usmited extent By carrying into it
any charge that they may not feel disposed prsseat
in any other shape II covers multitude Of sins add
will not be easily resigned by any beard Of dreetors
About twenty Ave per cent Of the running expenses Of
rsilrc ads carried into soustrsst.n az