The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-12

letter iron the Collector At rsrs Hs.ts, rsmsrks
The season has bssn unusually dry; the streams 1.
many PLACES have been lower than they have ever
been known by the oldest sstdssns, ana v, nav NOT
have another such season In twenty yssrsn The
large increase In tells indicated BY the sAovs
has taken place, notwithstanding the unf.vorsbls sop
diton of the navigation On the lower part Of the canal
very small portion Of the crop has roma forv.rd
yet The farmers holding on for batter nr,os.
slight increase in the price win cause large ousnt
ties to forward during the present and
ing months.
The receipts OF the Baltimore and Ohio Railroad /,
Company for the month ofSsptsmbsr sl27 oos Sc
on the main stem, and sso,22l 70 the Washington
branch making total of slo4a l4 os. As compared
with the corresponding month last year the increase "a
s1o25s Is. being ss,lse % on the main stem, ana
ssla1 rs ON the Washington branch
There has lately been disposition svineed by East
capitalists to purchase the stock Of the Phsds,
phia, Wilmington and Baltimore Railroad Company
and advance Of several per cent has been realised
This road is the main line between Philadelphia and
Baltimore and has very large passenger trsflc. Az
considerable interest exists to learn the actual oond
ton OF this company, annex oficial statement
of earnings and expenditures the report
the year ending December 31st, 1s49:-
PHLABELrHIA, wILMiSeros AVID BALrrnosK H.ILAoAp
From passengers ................. $3.50, 42o *
ffeignt ana express.' 60,917 OIL
NAL, rents, &c.'.. ................ 1927 B.
s4sI,e is Sc
castle lins... ................ l4o,2oi &c
Total receipts. ............... s627 ,so4 IS
The expenses were as follows
Rxnning expenses so. ............. SEQ, 1876 Sc
Interest on loan &C., less that accrued on
Expenses on the Nexcasti: line. lists s.
$4,000 So
Dividend october lS49. ...,.,....... ll6,602 o.
s5ss,65l IS
Thus leaving net surplus of $50 $50, which, with
the surplus Of 1s4s makes q total of sos GA rs Ths-
total construction expenditure during the year
amounted to $4,000 &C.
In 1s47 the gross income amounted to s643 o65 81;
in ls4s 20 seas 1872 e. and In lsio to s627 so4 S.
ls4s the running expenses we're s2i9sl7 10, and ia
1s4e to s229le5 S. According to this, there was, r
1872 increase in the running expenses 34s rs
and decrease in income of slo2s7 "a. The whole
number of passengers carried between Philadelphia
and baltimore, both ways, in ls4s, III 493 aud In
1s49 122,9 32.
The condition of the road on the LIST January 1850
as follows
Cost Of road and AL the appurtenances s4e444s3 &c
stock owned by tie company. s8l,325 90
Cash on hand, materials, due from sub
scriDers, &c. ........,..,...... 20 10I &C
Total. ............. 1927 2ls 50
che creditor side of the account stands follows
Capital stock, less the stock held by the
Mortgage loan. due in g ia S Ss
Bonds snd mortgages guarantees, interest
que &c ...........'"' lel,saz -
surplus. .'.'... ......'''..' os,o44 20
Total. .................... s6,2o7,2D 81
1t stated in the last annual report that during
the year ls4s the capital stock OF the company had
been increased $4,000 by the creation Of 1000,
shares ct par. Upon each share twenty dollars or
forty per cent paid in January last of the residue
an assessment of thirty per csnt called for tbs
first Of April following; bat BY sub'equent order
the board the call postponed until the first OF oc
tober while for the third and last of thirty
per cent payment also post ponea six months-say
to first OF Apri 1850 When this anal install msnt shall
have been paid certificates Of stock to the
$3.50 ooo will be Issued to the parties entitled ts
receive them. reference to the accounts for tbs
years Is4s and ls4s, will show that the expense o.
horse power rents, OF track SIS in Baltimore
Philadelphia for the two years s4 42o o. eauivs
lent each year at six per cent to the interest upon
capital of $685. 2l7 10 and this is exclusive Of the great
injury to the arising from the very rough eona.
ton Of the track at all times in the streets Of Phad
phia and Baltimore. The proposed shsngs in the de-
pot arrangements in both eitiss Is believed will
= largs portion Of th. outlay.
Dividends were resumed In October aft, and ~ per
cent were divided for the year ending April 1850.
Since last January the receipts have increased se4 900
over those for the same months Of ls49. The stock
holders have voted to divide per cent Of the net s
Come, and to apply any residue Of PROFITS to the inn
Proy.mspt OF the rosa M. --.s--i .xen.ns- o, ~
20 pound rail- to one of greater weight In pre-
gress, the sutlay to be met By the present sinkin
fund, (slready about s2oo ooo aud the from
future profits Theineoms for June 1919 s4S 2o7 81
for June 1850, s5s,o23e 90.
The annexed statement exhibits the value Of er
ports to foreign countries distinguishing the value OF
shipments to each paoe during the month Of sspten-
ber:-
co'IssseS o. rrE roar or SEW rosE.-rx,OErs