The New York herald., 1850-03-18

nothing IL would Be sssy to prove that thsv srs dsr
growing worse. The Harlem Company hes sesn its.
best days, and its friends know t. The New H.v.n
road has appropriated ts hunsss on the one sds ana
the Hudson River road on the other. The preferred
stock win take all its earnings, ana the ola .to.t
never can bs worth anything like what Il Il ssl,,.o
for The directors own the bulk of t. ana tns
public mean they shsll continue to own A
The stock and bonds Of the Reading Railroad comps,
ought not to be called Ut all the New York Stoek ~
change the Company has deliberately swindlsd its
creditors Its history s Of darkness aud disaster
the dealers In ts securities have bssn the psrties a.
recty connected with IT, and their untirna efforts have
besn and to this day. to push them on again ct ad
vanced rates upon the community The losses TO inno
cent holders those who purchss Cd ON the dissr.osfu
reports Of the Board Of Managers have been Of the,
most disastrous character The concern has seen its
best days, and its friends know M the GOAL trade i,
about undergoing an immense change; the sohuylkiu
regon must fail and the dealers break the Reading
Railroad COM papy must Those connected with thIsiu
situtiopseet clearly and they know that II s only
question Of little time. These securities are IN the
hands of the Boston people and English houses
Of wealth. It does not require very great sagscy
to see that the New York public win permit them to
repose there. f ..
The Erie Railroad Company have large debt upon.
substratum Of stock Of about 600 and Il s the
opinion ofthoss with the road and ts re-
sources that dividends the stook after thu rosd
completed to the lake cannot be made from the earn
iDgs To make this road profitable, IL must have q,
double track, and that would cost the additional sum
Of $40 oooooo, and swell the aggregate $4,000 ooo
As the mortgage securities Of this company increase in
value the stock depreestes for every dollar expended
In the construction of TIE road increases the amount
of property upon which the bondholders have Hen
The bonds are certainly much more secure, after an
expenditure Of sixteen millions Of dollars than thsy
when only half that had been expended; while
the different classes Of indebtedness socumssipg over
the stock places It further Down the list and more
out Of the way Of dividends from esrning As to the
Morris Canal Company, 1t long ego handed over to
the Philadephans where 1t will probably 20 to dsosy
Any msn in this city, after the ruinous experience or
past years, who purchases single share Of It, 10
serves to lose every dollar. All the gambling ss
tabshments in the Union have not lost their votares
greater amount Of money than this miserable apology
for canal has cost the people Of this city since the
first appearance Of It's stock In Wall street.
The value Of foreign dry goods entered at this port
for consumption last week 81 S25 $685. entered for
varehousing, $6ol2l; withdrawn from warehouse s7o
ia Amount Of duties collected last week S6s654s So
Amount on deposit in Assistant Treasurers orcs ct
the close Of business yesterday s4os2aso Co. Specie
exported from this port last week. $19sso Total for
1850, $420 1o6.
The annexed statement exhibits the amount OF Call
fornis gold received ct the mints in Phsdslphs and
New Orleans, up to the latest date.
RECEIPTS OF CALrroRSIA GoLD -PmLApELPmrA AND NEw
ORLEANS MI5Ts.
PHILADELPHn.-Totsl amount Of California
gold received up to the 2sth February, 1850
Receipt. from the isi to the 18Th March 1850 ssSSSS
Amount Of gold dust on hand but not weigh
cd, estimated a.. ................-. 10000
New oalr4ss.-Tot. receipts up TO ist jan.
Receipt; !. during S.py January. isse: .:.. s:ssis
Estimsted receipts from the Ist to the '''''
iotn 81 March, 1850 .......... 100000
- 1,004,129
Total al....... ............... .$ls7s,l2o
It would be safe to put down the ssgressts It
900, the receipts up to the 18th inst Thir
large amount Of gold has been the basis Of at sss one
hundred millions Of dollars Of public aud private
credit This sum, and the probability OF receiving %
much more during the present year. IL the psinsips:
cauee Of the speculative movement going on IN real
estate and other hDss and has given an inpseus tc
all the elements Of an sxpsnsion dnilar 10 that pre-
ceding the great commercial rsvulsion OF 1857 We
have evidence Of nnstioa Of another great bvSs,
In the strikes Of the different classes Of operatives I'm
this and other cities The mechanical olssess ana ths
demand for aser 90 great that better prices %, BE- OBJ
tsined for work. and they adopt messures ct opos 70
secure It, This gives an impstus to many ether bur-
Suits and - the movement progresses all feel is innu.
enee and ultimately the speculative propsnatiss or
the public become aroused, when all rush AssdIour
Into the most sxtrssgant operations In every spsoss
OF property real and imaginary. The result Of air
this easy to predict We have passed through inst
such scenes before and there b but one vsy 10 olo,
the performance. There 10 doubt but that vs Ar,
upsn the eve Of an imitation In prices snd in public.
and private credits to modersts extsnt; but n vu
be upon more sod, substantial basis than IN prs-
vous years. Our currency at present too souud To
permit very sudden sxpsnson, and We shsii NOT fsel
much alarmed until great addition 70 the cir
culation Of our banks.
1t may be interesting to many of our rssders 70 NO
ce comparison Of the centsse Of rscsipts of the
crop Of cotton at the sams date for eight years we
iurnish table carefully made up from the New Or
leans Prices Current (Which Ia considered the hest AM
thory In the matter Of rsosps to the last Saturday
In February Of ssch year.