New-York daily tribune., 1849-10-26
COMMERCIAL AND MONEY ndATTul
For SAB. ef sses.. &. sc iowa Pss.

The demand f0r GJvernmeni stocks tOtiy,
good and tie prices obtained are rsiler bette; n,
supply in the msrke, 10 no, equal 10 the dcnssi
ancles the usrke, 10 heavy for moe; desenre
rsi. va. hrm st 81 Hudson River and sesars
nave improved per cent within shor, TIN. p.
Second Bonds have also advanced p per eent as a,
10 large demand
Exchanges continue firm, bu, the markets.
active Sterling ia loialoi tor hnt elias. sicsis-.
Franc. are 10 small inquiry and hrni. The sscsse.
s 23i as 70 and very 6Fm.
Freiehts are firm. The ensssemenu ~
53sd for Cotton, t,d for Corn, 2Scco bush iAes
for Flour 4Oo0 bbls and io.a2os for hesvyF-sh
To Hamburg. go tierces Rice At s5s.
The Money market continues very enysn
fair supply Of good paper The rste' show no es.sc
Fire, olsss collsterss ara held q, ad5 sueuy IN
cass shor, psper s as good psper 6a7 per ee.l I,
months paper 7ss, Rsilrosd rates ioc y per cost
One of the Wall st. Backs has recently o.
sbc0, 900 OF Alabama Flves at II per cent whesnu
advance.
To continue our notice Of the review Il 4.
Harlem Report in the Co"~sysisl <dr~'sv \.
writer, In regard to the expenses Of the Road 49,
twill be observed that for he last six mou;hs Arr
put down
and estimated for The rnsuiDg ok months si.. lbef
TIE fret item doubtless 81 stands on he oooteA.
Company but until the construction account ~H sas
which, sccofding to The report Is now done II lace
sbls Judge Of the character of mo easrees rse ~
account IN she Interval which have Increased vsy
srgsy from The report of Aprii !, lsf5, TO that IiJi
lsta The difference 10 20 much larger than The ss
the Dover Extension that the comparison 10 onust
der the Impression that the figures In TIE es so
ument musI be eroneously printed
We have only TO say Ia relation TO The srlles
that very thorough examination OF every ikn d q,
expense and construction scconn, was made " es
Directors and the above hgures found to bs conn
The Rcpor, Just pabnshsi says: In every s,r
ment OF the accounts the most lsbonous and snnc
exsmiostion has been carried back for years"
The inc resse In the construction accoun, srraelb
Is accounted tor By the charges made TO !, BY Asps
ent naturalization of numerous unsettled natter
which should have been charged when the soecrns
accrued. One of these Items so charged 10 over ers
hundred thousand dollars Of Losses on stock lsash h
low par by several sdmiDlsTs stions and over Ia
drod and twenty 1--we thousand d, liars OF ukAs ~
considered in previous reports 40 real estate osissn
In fact properly belonged h. construction being psf
right OF way aud the rem maGder land and baldllpa
solutely necessary for the uses of the kosd snaA
90 as the track itself These with other items ~,
charged of TO construction when the pressu. sta--s
trstion came 10, and thus tina, account has been si
swslled We are confident that nothing has Eoh
construction account during the last eighteen rsRs
which did not Justly belong there.
The writer then objects to the Compsnys esas,s
Of expenses for the current siK months, sl05,0a
givos sl2j,oo) ss his lowest estimate, ashOsss N
opinion appears 10 be that they will reach sli.i1U
10 proporticn To the expenses Of last year In rssa
tue increased length Of the road Wen, thisbssa
ter Of opinion somewhat but compsrson and urr
ence will assist materially In forming such opinla
10 msnifesty very unjust, however, TO assume Arn'
expenses VI ths road are increased in proporton tb
Increased length, when the 80 niles OF extspscsrs
only worked with two trains per day each vsJ ~
the 50 miles OF old road are worked every hour sr
up n Fordhsm, and every i've minutes on las cJ
track. The additional expense of the Esw Arn
business csnno, nearly squalise this difference.
The writer In the Commercial says tina, his esrsas
for expenses 10 very moderate, as may be scsn from
comparison with those Of other roads Of equd s''n
Thus the report Of tho Utica and Schenectady hs''"
on the 10, Of January Last shows the expenses w"
pairing and running the road 70 miles In essH
s5ls los 70 total number Of miles run - usn
every description, 279 900 The Harlem RsiroN y"
psny has run 10 six months ss follows
b. e.'asa.' is.,le s "'' 'ls. 70 IA se' TO ~
so that . calculation this basis would far eseed -
maximum estimate A. above stated.
There is no fairness In this psrscn with us "
ca and Schenectady, unless are able 10 disnsIsS
between the smoun. required for repairs and o" !"
running expenses. The repairs Of the r. and ; n'
have been one-hsf Of the above amount for ssfr "
know 10 the contrary. ADothe, reason that me ."
parison 10 unfair 10 thai the u and 3 durog pr
las, year, hsd fat rail- while the Harlem. sxesfs'
the City track, had an II rail. The same paaie1A
from which the u. and D. statement vas drawn ~
have furnished much moro just compnison. BED
writer wished TO nnd II. The statements VI sss I"
burn and Rochester Road approximate very nssg ,
the estimates Of the Harlem In regard To esps's'
The length and service of the two roads are veu'1
ly the same
lsbsm sss Roehs.,., Hsd-
Lsogib... ........,........m miles,
ailes run ~ engines. oBl Ssy
Expenses. .--......-.fiss,uH t1ogr
We have NOT doubled the locomotive service q
uiorths to complete the Harlem year, because Or
vice has been much reduced since Juno We ~
taken the Company estimstes for the sxpsrsssdD y
las, six months, {" the running expenses and reps'
the four months nearly elspsed have been wisss ~
estimate.
To the Harlem service shoald also be sddsd - =
miles OF horse service during the year, cosust
eording 10 The report Of the Company, about eS''
Now we see here no such discrepancy a in he -
psfison with the Utica and 5chenectsds Road Ds''
ing tho horse service We have tl75Co0 for tse ~
service on the Harlem against ess OH On the Az
and Rochester. The Harlem service thus ecsS :
per mile and the Auburn and Rochester 637s pr -
u must be remarked ths: a large proporroa :
Harlem service 10 performed with small eps'neN -
ios tut one or two passenger csrs, While the ~
and Rochester service 10 entirely with heavy H''I
and passenger trsins Here there 10 certainly
cispsri,y Of cost ss should lead to the sesp'e'S
me expense sccounts are not charged ~in sos =.
expendsiures, or the opinion that the esnnAN
Company cannot be realized, when the ssea~
expenditures OF the nrst six months are n "
| ratio.
The Long lsIand Road also furnishes . is1 q.
parison, and proves that IL 10 not iupossiss =. !.
Harlem service should be preferred for the sn'-
tmsted. equal to 50 eta. per mile. In he ~" -
| the Legislature lAst Winter ihs amount ci NJ -
BY locomotives. ls stated stl ,27 mlles, stsn
| Of tll3 800, (dedacung the rent OF the BfooSy
Jamaica Road, which has nothing TO do Win -
/ expenses, and 10 precisely dividend oa tsss
| Of the roai) This road then 10 run for -
mile, and his is doee VITA ~ The sspsssivs =