New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-01-31
SECOND BOARD.

30 do.......... o6O s.! poo Long LslAnd.'''.' ~
I I50 DO ssi 200 Morris Canal bio q,
$50 do............. $4,000 do.'''''''''::;oo 81
$50 Ports D DOck..... - leo do.'.''''..'sslISS y!
500 Harlem RR........ 65i 50 Canton Co...'-'o0o II
$50 do............. 81 % do''''''''''''' '0i
100 do ............. cot
THURSDAY Jan S0-P.h.
In Stocks there il a contnua alton Of the down
ward tendency, although it was some what checked
at the close The decline was quite general and
was assisted by the dullness occssioned by the
explosion of yesterday. Many Of the brokers
were away from the Board and others were lndis'
posed to operate. The event OF yesterday mas
created degree Of distrust which will require
time 10 remove. Canton at the Second Board sold
at esI, a decline of 4 y cent Morris was very
heavy and went to 2el, with large sales; Read
ing was also lower, selling at Ga All the iancies
were lower excepting Portsmouth, which sold at
10; Erie went to s41, but improved to e4t at the
Second Board. Governments are lower the bs OF
1867 selling at ll5l Penn. SIS were firm Madison
and indianapolis was in demand and went TO loli
with sales of 600 shares Penn. and Ohio Bonds
were in demand at 90 Mad River offered at 81
Southern Michigan 92t bid. Mohawk was heavy
with only a small sale at "a. The Annual Report
of this Company we have received, and 1t presents
the annexed favorable results.
The receipts for the six months ending the 3lst
of January, 1851, have been as follows;
From passengers. .................,.S7l,5l9 ~
From Freight. o6'5tO -
For mail service. ......'.....'.''.' i'sog 99
For rents slls,I55 a
The disbursement for operating the
Road and RELAXING three miles OF $40 No, oe
track have BEEN. .............'.SiH01 q
Amoe5 ee Sa Gp 10 Reserve Fund $500
Net earnings for six months. .......... si55O7 %
Equal 10 a per cent esooo M
ACKNOWLEDGEMENTS. SlO5O7 50
Being gurpius from the net earnings OF the
half years business to be carried to the credit OF
reserve fund, which will leave the balance to the
credit of that Fund of $4,000 II.
The receipts for the fical year commencing
February l. 1885, and ending January 81, 1851, Fl,
Repairs spsH Se expenses, interest and con-
tTibuion 10 reserve fund to Aug. l,
For iron TO relay track charged to-
peDses, being balance on hand, An. .ss 70
Repairs expenses interest aud con-
tribuion TO reserve fund, February $1,000
J. 1871 ''''''''''''''''''''''''''' -v sls427a 95
R,I.nce...............................s aO,507 50
BEING De earnings for the year, Of per cent
on the cRpitsl STOCK Of the Company, out OF
which per cent dividends have been de- -. 80. -.
cared TO the stockholders, amounting to.'' S'ooVo w
R.,.rce to c,sd,, Of reserve fund sO507 50
The receipts for 6mopths ending jan ST. were sS155 u
The estimate ist Aug last was.......... 10000 90
Excess Of receipts over estimate 4.255 II
The receipts for the six months ending JAN ST.
The lsI 4ee wTds for Corresponding period ending
Jan 81 $780, '''O% ~
Increase 10 per tl''|S0 VI
The business of the year has met the most SAN
guine expectations OF the friends OF the road
the increase has been 10 per cent, and the aver
age annual increase for seven years has been II
per cent per aAnum. There does not appear any
reason why the increase of the present year
should not be as large as any preceding one on
the contrary, the opening OF the Rome and Cape
Vincent road to w atertown early IN the spring.
and the relsying of the Saratoga and Schenec-
tady road with heavy T rail- forming connec-
ton at Schenectady with this Company, would
warrant an estimate based upon larger anticipated
increase To be within, rather than beyond what
will be realized the coming year, we present an
estimate based upon an increase OF only II per
cent. viz
Receipts for the year ending January ST. 50
Twelve per cent increase %o''4 %
S2lO56O 90
Deduct for expenses, repairs. interest, &c. "a
(which $l54276 the past year $4,000 90
SioO56O 90
Leaving a net balance equal to l0l per cent.
upon the capital stock.
The present road bed and track are In excellent
condition and will require material repairs
during the ensuing year. Arrangements are now
making to lay with heavy iron the remaining eight
miles Of double track, which it is expected will
be completed early in the coming season-thls
DONE the Company will have double track OF the
first class in every respect, throughout the entire
length of their road. and an equipment OF the best
quality, and in perfect ORDER amply sufficient Tor
the increasing business OF the company
Utica and Schenectady sold at 1874, showing
decline of y cent. The sales of Reading were
very large, reaching nearly 5000 shares. 1t is the
general impression among operators that the de-
cline has reached the lowest point, and that re-
action will soon take place but there is no known
rule governing these reactions in the Stock mar
ket except the general one that after fall of Or
10 y cent. new buyers come in and greater or
less rise Hnder their purchasing takes place At
ter a fall of y cent. the margins of the weak
holders are 70 considerable extent used up and
their stock is forced upon the market and comes
into strong hands who hold it for rise, and until
this process Of unloading by weak holders is fin
ished, the market continues to decline. Such is
hO~ SoueiaAg 'Oubub W "c IHS case, 0nu HOsI "
operators look for an improvement soon. Al
though money is not so easily obtained By a GER
tain class of houses, yetwth others it is as plenty
as at any time, and with the continued accessions
of California gold it is not reasonable to suppose
that the speculative feeling which has ruled the
market for q year past is more than sleeping.
In Exchanges the market is quiet and the ten.
dency of rates downward. Sterling slalOi.-
Francs, l2l as 10. There was a considerable
supply Of Sterling over, which had been held at
lot.
The telegraph AdviceS from New. Orleans are Of
an easier Money market and advancing Z xchanga