The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-05-11

the Washington Branch making, together. "A s7eIE
the corresponding month Of last yssr rbas
Ia the road We have frequently spoken of in con-
nection with the Bris Railroad Of this State The
monthly receipts Of each are about Che same vhiles
the cost Of the Baltimore road Is considerably less
than half Of the Erie road So far the stocks
Of these com panies concerned, ~ invsstunents
that Of the Baltimore and Ohio road 10 certainly pre-
ferabe to the Ereand the former il selling IS per
cent and the latter at rs per cent? difference Of 20
per favor Of the cheapest mest productive
road This is Of these Inconsistencies in the stock
market frequently meet with.
Alta recent meeting of the stockholders Of the wor-
cester and Nashua Railroad Company, it was voted To-
issue bends to the amount Of $4,000 to liquiaats
its floating debt. These bonds to be paid in nvs
years. be sold for less than s. per cent
Mortgage bonds of the Sullivan Railroad Company
have been sold so cents to amount sufficient to
provide for the floating debt.
The gross receipts Of the Camden and Amboy Rail-
road Company for the first three months of the present
exceed those for the corresponding period the
previous year, about twenty. four thousand dollars.
This is the result of the reduction made in the fares
last fall and is contrary to the antcpations Of tho
company. The increase in receipts will be propor-
tonably larger during the summer months, and we
have no doubt the company viii be amply rewarded
for the Efforts already made to comply with the wishes
and promote the interest of the community.
The expose Of the situation of the the Har-
lem Railroad and the way tits held which gave yes
erdny is conclusive proof Of the soundness of the
advice have often given, that the utmost caution
should be observed in receiving Wall street statements
and that little reliance should be placed upon
them Here the bulk Of the whole capital stock
held by Wall eert brokers' the directors Of the compa-
aud few of their immediate hangers This shows
the appreciation in which is held by the public and
the disposition that exists to invest in It, 1t shows
too most clearly that may expect all sorts Of favor
able stories and frem those who
are saddled with the immense load and who must
manage. by hook or by crook, to get mp excite
ment by which they may be enabled to relieve them
selves Of their burhen and get out Of the This
is, however becoming daily din1cult undertak-
Ing for the device has been often resorted to- Il
is becoming too thresdbare to succeed We again warn
all concerned to be their guard, and to receive
Sails all statements emanating from partse
who hold large amount of very poor an article
which they evidently doing their best to persuade
somebody to buy.
The accounts from the South relative 70 the principal
crops of that section Of the country rather gloomy
On the high and dry lands the fy has destroyed
y Gil the plants and in many parts Of Virginia and
North Carolina there will not be than quarter
or half crop made for want of plants On all the low
cotton lands throughout the South planting hard
ly commenced. In other sections, where the cold
weather and frosts have killed the young plant Il n
too late to plant and the prospect even an aver
age crop at present rather unfavorable II vors
than last year, and it is the prevailing impression
among Planters that the yield this year will be about
as near two millions Of bales q the crop now coming
to market In the sugar growing sections Of the coun
try things look rather dscoursgng The erevases above
New Orleans have considerably damaged sugar planta-
tions. We have not heard enough about the grain
crops Of the West to form any opinion relative 10 the
probable result; but Is impression that the inn
mepse emigration from the now Western States, must
have material influence upon the quantity Of land
put in cultivation, and in the tho season be-
ing at all nnfavorabe the aggregate must
be sensibly diminished We by the accounts which
reach us from time to time of the Of brsadstu
at the principal shipping ports the lakes that the
supplies to come forward this year limited compsr
ed with those ct the places tho same time lsse
year The receipts will, however, without doubt
be sufficiently large to prevent any Improvements
in prices, and probably will be larger in pronor
ton to the demand than during the season OF
navigation in ls4s The shipment. to Europe are corr.
paratveiy nothing, and the only possible chance for
demand from abroad Is the failure of crop, In ,reaf
Britain 1t is too early, at present to tell anything
about such an event, for week may change the
whole appearance Of the crops from the most favor.
able prospect to the most gloomy result At the last
accounts from the other side the markets were in SUCH
state that shipments of breadstufs to England ON
speculation would be u losing business and In not
hkely to be attempted We shall watch the proSress
OF the season at the South with great deal OF interest,"
ana Keep the Manchester spnners posted up through
out rea'e TO the appearance, from time TO time Of
the cotton plant.