The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-31

su months Of thirtyfve thousand dollars Out of the
net earnings Of the first six months Of 1880 dividend
on the old stock Of the company Of two cent de-
cared leaving surplus Of ten tho usand dollars for
tngences. corresponding dividend for the first six
months this year. would leave surplus Of forty-nve
thousand dollars Our object in presenting these facts
Is to show to the stockholders that they will be entitled
to semannual dividend out Of the net earnings for
the first six months 1884, of at least three per cai
which wlleave surplus Of $4,000, sum large enough
Tor all ordinary purposes The prospects OF the road were
better All the calculations Of the company have
been realized and the future earnings viii enable the
management TO gradually increase the rate OF dividend
The stockho would without doubt, be satisfied
with semi annual dividends Of three cent for time
and there why that per cent should be with
held More than that has been earned the extension of
The road provided for and the directors fail to declare
three per cent, they must have expenditures to make
which have not appeared in any Of their recent reports
The earnings Of the Vermont and Massachusetts Rail-
road Company in April this year. 50 4o3 90
than in the month in 1850. The income in Jauu
ary February, and March, shows gain Of twenty three
per cent over last years business in the time The
traffic in May thus far exceeds the above average AMI
the prospects Of the corporation brighter
than they at the present time The last report
that, the of income interest and expenses
S34 1874 1917 and it will require but S52 200 pay
six cent upon the present price Of the shares Pro-
spectively the stock would to be worth good deal
If the passage Of the tunnel bill would have helped
It, its failure has taken nothing away, certainly; and
there to be good reason why 1t should not
nand mere now than it did in October last when the
market price reached $685. with money less easy than it is
now
The Board Of Directors of the North Carolina Railroad
Company have ordered the engineers to put the whole
under contract before the 9th Of July 1t appears by
the report Of the engineer that the road has been
veyed and located from the point Of its connection with
the Wilmington and Raleigh Raroad-which will be
mile and eighth south Of Goidsboro', in Wayne
tyto Charlotte in Mecklenburg county 1t will be 22}
miles in length and cost, with locomotives and cars
$30532 The calculation for very slender supply of
working machinery totally inadequate to the wants of
read 223 miles in length, 1t being probable that the
road will cost about four millions of dollars before
be put in operation The location is by way Of Raleigh
from whence goes by way Of Hsboro Greensboro, and
Lexington to Salisbury and from Salisbury to Charlotte
by the Concord route passing within mile Of that viii
lage At Charlotte, it connects with the Charlotte and
South Carolina Railroad
The annexed statement exhibits the quantity and value
Of certain descriptions Of foreign dry goods entered at
this port for consumption for warehousing, and the
amount withdrawn from warehouse for the week ending
the 2Qth inst