The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-03-06

TuesOay, march Old +. ~.
The stock market opened heavy this morning, and
citations fer mort Of the fspciss fell of fraction
the first board Harlem declined = per cent Read
Railroad y Morris Canal y Farmers Loan q |;
pton Company "a Hudson Railroad u; North Anne
nm Trust u Long Island advanced u Erie Rail-
bd u PennsyIvania SIS -. All the fanciss were
lite active and most of the transactions for cash.
feeling among operators is not buoyant, and there
= evidsztly orowdpg of stock upon the market to-
The large cash sales do not suit the bulls, as 1t
YES them more stock than they want while 1t relieves
bearr and enables them to reduce their time con-
bcts The sales Of Harlem at the first board to-day,
ire ell by one house and IL Is the impression in the
rect that some of the green grocers selling out
the second board there was no change In prices
It the market closed heavy, with downward ten
Pncy.
The amount on deposit In the Office Of the Assistant
of this port at the clsse Of business to day
rs So 7os,72l At.
In examining the reports Of many Of cur railroad
|mpapies, often meet with discrepancies which
implicitly battle all our attempts at comprehension.
by who will take up the last two reports of the
erlem Railroad Company, and carefully compare
em will many such, and will readily understand
bw easily a cur,ory reader might be misled BY the
cures. In October, 1s49, report was made by the
pare Of directors in which 1t 10 stated, page H. that
10 receipts from January to July were sl9ls92 Is ;
krenditures, s1o0,461 9s total, s9l440 II. This
ference Is called In many words net earnings for
4 months; but 1t appears to US, that 1t would be
ore proper TO deduct the interest and dividend ON
referred stock for six months, and then call the
dance net earnings This to be sure is only trine
pit soss very much like clsptrap statements made to
ltch the eye Of cursory readers Again, page Is,
a l. 49, = ~ lo- 49,
- cnths they are expected to pay for interest,
ECO; dividend, preferred stock, SOC, 900 ; total,
15 go. As 10 mention is made in either report Of
by interest having been paid for the first six months
can only infer what It amounted to, by supposing
bat the estimate of what they were to pay the last
months, was barred ppon what they had paid the
rst Elk and We therefore, conclude that the interest
nd dividends the preferred stock ought to amount
twice SIS $50, or sl5o,52o. Now, by referring to
age Of the January report We find that there had
cen paid for
i,idend on preferred stock. ..... 81 s s % %
10. 90. 40 ...''''''''' p So'S,9 % %
Total. ...................... .$1A ,6S7 81
BY subtractipg this last amount from $50 $50,
have discrepancy Of $26,sa2 SO. Without insist
any further upon the fact that In neither report Is
my mention made Of the interest from January to
uly, It does odd, that In October should be
old that SIS 2oo be paid and only two months
3fter informed entirely different and much
mailer amount bad been paid.
The value of the productions extraoted from the
bold mines of the oural Russia for the FIRST half year
1s4e amounts to 300 ooof regards the govern
hent mines aud 10 $50 ooof private account
a $50 oo0f which furnishes in comparison with the
|econd half year OF 1s4s, increase Of upwards Of
ooof aising almost entirely from private enter
prize. similar and proportionaly larger difference
appears with reference to the platina mines; the
quantity extracted being for the last ten months In
(s4s. Is hilogrammes and for the first half year Of
ls4e, GO Kill worth about e6ooof.
We understand that the High Court Of Mississippi
bas recently decided, under the Brscoe BILL that the
Of the statute OF limitations s not Suspended
uring the tendency OF wrts Of quo wayrsnto and In
Junction against the banks notwithstanding the acts
prohibit them from making collections during such
lime and that ell suits In favor Of such banks are
barred unless brought within the time prescribed BY
lhs general statute Of limitations This decision II ID
sid has the effect Of vippg out several millions OF In
The annexed statement exhibits the value Of mer
char disc exported from this port for the month Of
February 1850 distn gushing the value Of shipments
10 each place.
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