The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-09

stisp. Unfortunately, but few outside operators possess
this dederstum, which accounts for the immense losses
realized in Wall street transactions.
The steamship Pacific, from Liverpool, brings four
days later intelligence from Europe. Politically the
news is interesting commercially vorable financially,
somewhat important Quotations for cotton had ad-
vanced fraction, with pretty active sales Confidence In
higher prices increasing The prospect Of fine hsr
est had favorable effect on the cotton market Bread
stuns dull and depressed. There had been consi-
derabe rain previous to the departure Of the Pacific but
apprehension existed in any section relative to the
suit In the manufacturing districts great activity pre-
vailed and better prices in the perspective The i'm
provement in cotton at Liverpool had not been without
its effect in Manchester In financial affairs there had been
change The Of the Bank Of England show
great in the issue and bullion departments
The entire circulation Of the bank the 10th Of July
23379755 showing increase of FL 138 $50 in
week. The egate circulation Of England and Wales
the 10th of July EGO 729 CAS- showing increase
Of FL in one week This movements fraught with
most momentous consequences An addition to the paper
currency OF Great Britain, Of one and quarter millions
sterling in week il and if continued must
give an immense impetus to speculation The Bank Of
England for time past in the face Of large weekly
accumuations Of bullion but slightly increased its issues
This preserved steadiness in the money market and
prevented any undue expansions in commercial affairs
sudden change appeared to have been made in the
policy Of the bank, and must now look for weekly
addition to the circulating notes Of that institution The
effect of this prices for products in the European
markets is likely to be of the most favorable character
An expansion in paper currency has been going on
For some time and the effect is visible in all the ramifca
tions Of commercial and financial affairs. Now that
corresponding movement has commenced in England W
must look for much greater activity in the staple ari
Giles of trade than has been known for years.
The Reading Railroad has brought down 1907 04O tons
Of coal this against 434 to the date last
year. The schuykill Canal has brought down 4o5711
tons against 3l4 022 to the date last year The Le-
high Canal TONS against 500 359 to the date
last year Total increase, OF, 432 tons.
Several parties Of engineers understand have
menced the survey of the Albany and Susquehanna Rail-
road line preparatory to locating and letting This
evnces the right spirit and determination the part of
the directors.
Subscriptions to the Bristol Railroad have reached
$l75O00 We learn that offers have been received from
contractors to build the road and take the balance of the
stock but other propositions have been considered for
either filling up the stock by other subscriptions for
Issuing bonds for about $4,000 The Boston and Provi-
dence Railroad Company offer to equip the road and also
offer other important aid towards its construction.
There were entered from foreign ports at the Baltimore
Custom House during the month of July ships,
eleven barks twenty briggs and thirteen schooners
total fty-three vessels OF these vessels thirty four
American, thirteen English, two Bremen two Hol-
Hand Spanish and one Russian in ballast five with
free cargoes, and with cargoes subject to duty
forty The cearances for foreign ports during the
same period, were Ships, barks, IA briggs % and
scbooners 1o total SO vessels with aggregate ton
mage Of 1477o TONS and navigated with 57s men. OF
there vessels Is were American, IL English Bremen,
Hanoveran, Hamburg / Danish, Hollander, and
Spanish and their destinations follows TO the
West India Islands and British Provinces % Rio de
Janeiro, Madeira. il Valparaiso 2 Callao, Mon
tevdeo, Bremen 3 London, Rotterdam, 2 Havre
1; Amsterdam, Hamburg, Bahia, Pernam.
buco Bordeaux, and Spanish Main, l. The total
value Of the exports by these vessels shown by their
mapifests was $72l,7lO 50 The receipts from duties
during the month of July at the Baltimore Custom House.
S73249 49, The balance in the Depository at Bal
the 30th June last, S64391 Al, and the
31st July, s54 551 81.
The secepts Of the Norwich and Worcester Railroad
Compsny for the month of july amounted to 79
July, 1851, S24 sos 10 increase, s279 go.
The earnings of the Rochester and Syracuse Railroad
Company in june 1862 amounted to s1l6770 SO. It is
estin ated that July will be about the same.
The commissioners appointed to receive subscriptions
TO the stock Of the Philadelphia Eaton and Water Gap
Railroad Company, have made report The object OF
this road is connect Philadelphia with the valley Of the
Lehigh to the large, profitable aud increasing
trade Of that region. The railroad from this city to
Eason recently opened is likely to attract all the trade
Of that section to this market.
The Cnario smcoe Huron Railroad will be opened
on 2st of September to Bradford distance of forty
six miles from Toronto We learn that the enerprising
contractors this road. NJ G. Story & Co., of this
State recently sold $4,000 of the stock to the cor
poraton Of Toronto at par in exchange for city bonds
The sunbuy american states that the Supreme Court
Of Pennsylvania in granting the Injunction to restrain
the sunbpry and Erie Railroad Company from occupying
the between Sudbury and Bridgeport required the
Susquehanna Company to give bonds in the sum OF
$1,000 The opinion of the Court which based its
decision withheld until the Court meets at Pitts
burg in September next, out Of Difference to Judge
Woodward who dissented.
The fifth annual report of the Rutland and Burlington
Railroad Company has been submitted to the sockhod-
ers The total amount charged to construction account
mp the 3lst of May 81 iol Ia which was de-
rived from the following sources =
RUTLAND AND BURLINGTON RAILROAD.
Preferred per cent stock issued sas2 700
On hand. ......'..'..... lo''ooo :.
Preferred per cent stock ............ 47a.32S 30
Bonds per cent. l0S67SS 70
Mortgage Bonds, 7per cent. s75Soo 90
Interest .'.......... % ~ w w
Total. s4s474ol IA
The earnings the year have been 1924 100 g. shew
ing an Of so per cent last year, and the
running expenses s15o45o 81, leaving net earnings
$16b, 500 r.
The future buaness it is believed will fully realize the
wishes Of stockholders The gain thus far has been
md loot "a her