The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-01-10

have sold out, having not only sbssaousd oil hope
Of any improvement but ind that ts daily dsprscs-
ting In actual value This Is the Gee with all Of
fancy stocks and outsiders have got fairly disgustsd
with them. We know Of individuals who, twelve
month since the largest outside bull spectators
in the street. who have entirely shandoned the bust
ness and nov cannot be induced TO purchase q share
Of any fancy the list. The brokers have all the
business to themselves and those who have within the
past Fix months purchased for rise, have made many
very heavy losses Erie Harlem Long Island, Canton,
Reading Farmers and the whole batch, just alike;
there is cent to choose between them and all who
touch them sure to get bit
The receipts at the Office Of the Assistant Treasurer
Of this port, to-day, amounted to $50 $50 46 Pay
ments $40 T25 70. Balance, s2456, 233 70. Within
the past two days eight nns packets and several
Regular traders, have arrived from European ports
With large and valuable oagoes and the payments into
The Custom House. fer duties the next three or four
days will be very great.
The s1tote0 Of Hudson River Railroad bonds sold
today, brought pretty good prices, compared with
those ruling for railroad bonds generally in this market
The sales annexed =: $1,000 at par $4,000 ct
esA; $4,000 at 9ssS; 1900 atesk; SAT 600 at 99
$4,000 at se,S, and $4,000 at 50.
According to official returns, II appears that the
tonnage of vesses which cleared from this port
San Francisco for the year 1919, was 1881 COM
Piisng steamers, of s67l tons; II ships of 1884
tons; co barks, 244l3 tons; 20 briggs 4S5s tons; 80
schooners, s,e75 tons.
The Prssident of the Hudson and Berkshire Railroad
officially that the company is unable to pay
the interest the State debt due the LIST Of Janu
ary call of three dollars per share has been made
but the stockholders have not yet responded to It,
The Comptroller rays that prompt will be
for no Ia in,
the directed by law, unless otherwise ordered
by the Legislature In his report to the legislature
lative to the delinquency of this company, the Comp
troller says that The act Of December ls47,
unfortunate step, Is we'll for the State as the share
holder, not to speak Of the apparent Inconsistency
with the 4th section Of Article Of the Consttu-
ton. The effect has been to involve the shareholders
in further loss Of s5o0oo and to create debt of
s175ooo having priority the State lien. Under
such circumstances 1t is to be feared that large part
of the clsim OF the State will be lost.
THE account between the treasury and the company
stands as follows
Loan of Stock in $780, bearing interest at
Deduct balance of Sinking Fund, in the
Treasury, after retaining interest I'D
vapced therefrom. .......... o,1Oo IL
Balance -. $lal,ZS3 ~
$50 much of this amount shall reman, after apply
ing proceeds of the road when sold must be added
to the General Fund Debt and the interest thereupon
will be chargeable to the General Fund Debt Sinking
Fund.-
We fnd in the message Of the Governor Of Massachu
stt reyiew of the finances of the State It appears
that the receipts and expenditures for the last year
were as follows -
The receipts amounted to. .......... .s540,65s IS
Inc eApend'ufesto. .'''''..'.'.'.''' ool,ooa 20
Excess Of expenditures over receipts .. $60e45 IS
The ordinary receipts for the year amounted to
$3.50 sos H. and the ordinary expenditures to $751;
200 2S. The extraordinary receipts for railroad
stock sold $1,000 aud State Reform School Script sold
$4,000. The extraordinary expenditures include
the paid the State Reform School, under the act Of
1s49 SIS 900; railroad loans $1,000; temporary loans
of ls47 repaid oo temporary loans ofls4s $4,000;
balance paid for weights and measures 500 $685. total
sss sos.
The receipts for the year 1s4e than the ssi
mate of the treasurer, made early In the year
From the auction tax, about. ........... 81 900
And from alien passengers. ................ 1900
Making. .s3s 900
The alien passenger money was cut OF by the dsci-
son Of the Supreme Court Of the United States which
pronounced the law Of the State, by which it i'm
posed, unconstitutional But for that decision the
Of the year from that source would probably
have been increased than thirty thousand dollars
The property Of the Commonwealth consists Of ..o
Western Railroad stock. 81 900 900
Western Railroad stock, Sinking Fund $4,000
Commonwealth part Of Western Railroad
Loan Sinking Fund. ................. 1235o0
Notes fer lands In Maine. ........... 1883
Cash on hand. ..... 1000
TOTAL. Sl,IIzoo
The debt Of Massachusetts, amounts to 81 .0sS 0o0,
composed Of Western Railroad Scrip due In 1857
1895 o0o State Reform School Scrip $4,000; Treasury
Loans Sos 0o0 The lands Of the State In Maine,
valued at 500 o0o Claims upon the General Govern
ment, slsl, 600. Total, 81 6s1 COO The School Fund
amounts to 1926 ISL. The Commonwealth has hereto-