The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-26
FuANCrAL AND COMMERCIAL.


th1s morning ana better pyices vere reAized NJ the
Arst board Harlem advanced "a Der cent; Long Island
n; N. A Trust, u; Canton Co y; Montgomery Mining
\; NicaIsgua Trsnsit Eds Railroad declined !. per
cont Florence and Report from ss gale At
the second board there heavy feeling in the street
and dsht reaction tool place Trus. declined !.
Per cent; Montgomery Miniog a. Nicaragua Transit, ~.
Norwich md worcester si,arcsd y per cent; Canton
Co., 4. The Montgomery Mining o. will issue report 10
day OF two in which viii be rmoodfd the ohsmists aad
gsoaogists satcments. Il full aud comprehensive, and
win wthai be Satisfactory the stocshoders AMI pnbc
gencslny. By the syshm OF operations adoPsed the
zinc paint can he manufactured cheaper than IN any
cther way and Il Is aic superior article can BE- pto
duced AZ soon A. the report issued shall carefully
examine H. The tendency 81 prices for the leading
stocks Is upward and Feeling i fsvs able for ad
vance. Money is abundant and daily getting cheaper
Holders Of stocks appear ni5en ~ reszag better
prices and II they firm the result anticipated viii ne
brought about.
The receipts at the Office Of the Assistant Treasurer
this port to day Amounted 90 800, t5S So payments
$Isl3Ts s4-balspre SIS $500 ~ The balance in
hand has net varied ffsy tnousana dollars within the
past week.
The Chathsm Bank has dee red dividend Of our pr
cent the Hudson River Bauk OF Albany, five pr cent
The Market Bank has calico tor ms al men Of sseu
ty. eve per cent on ths capital
Counterfeit Eve dollar Of the American Exchange
Bask of this city, in circulation at night at
cursory glance by day they ss calculated 10 deceive
but viii stand the test If lel berae exsuinaion
The engraving is niser ably Executed having tbs APPEAR
ance, in parts OF being scratched with 9 knife
rather than cut with grav-r
The amount Of capital Of the CTmercia Bank Of Ken
tucBy, authorizing it TO Banking operations
having been paid in. Governor Powell in accordance
with the povsons OF the charter Of said bank has issued
authlrizna O commences business
. banking institution.
The Governor q Tennessee has Issued $40 900 In State
bonds. to the Memphis Charleston Railroad Company
for the thirty miles Of road Memphis almost com
pieted This Issue il under the General Internal
Improvement law Of the stare
According to the report Of be Rank Of Tennessee
bssnchss dated the lit Day ooobr 1852 the assets
aad Liabilities we're as follows
BANK TENNESSEE BRANCHES
Lis5tlstes-Cspsl stock " 500 GU al Treasurer OF
$50 "a; True tee Of McNiun Cu Sl1el 81 suspen.eac
count On State bonds sla 52i 's losrna Inprovcmsn.
fund, SSH 7oS 81 Crms'is.iocers Of lomnon School
fund, $50 2i3 IS Interosi Improvement dv,deed,
$3.50 Common School Lara Of trinss ss27 23+ 10 Ex
change account, SS3 366 So: Deconnss received S32
7G3 ii Int, account sGSi5 u Damages Sa743 liz
State revenue cer6cases sc05 crrrn~aes of depedss
$40 eli 40; ipdvidusi tepIt"s. s4i2 SIS 10; citcula
tiop, 50 $50 a32-,oM shtas 597 SO
Circulation ab 81 z5n ,as less amount ia hands
81 ssss ana branches ''' u.s. Actual '''a''a
Meuns II Discounted notes 5, es9 o2l Az; domestic
bills 81 sC7 23l II bill and ID su't. s79l 3,5 49,
protested bulls. $50 7bn -; ststs bonts discounted
1884 GO bonds for school ,aud 1922 !6t IS; expense
Account, Sl e2S IS profit n,d ost S. oSl roa etats
Interest stare bond- .st eG5 81; ap.roprispp to
improvement OF Ii,ere Sis 20 a2 sospea,e account,
$685. "a, funds ia tsp.it s0z POI 10; cash via
notes Of branches sl2i 6ss 90 ofothar hanks sl0957
gold and silver s57e 4l5 81 Fo,si 81 s' 097 GS
Since the compile ton of the Milwaukee aud ssissipp
Railroad to Whitewater 81 mjles-the receipts have
averaged about S7C0 PER day T~sp,y ous miles more
will reach to Janetvile WHICH viii be finished by The
latter part of December. at ,srthest. This sill make
seventy two miles If cost of about ST. 200 600
1t is fsir TO expect that tie receipt Will then
81 coo per day, when would Re s26 per month or
k3I2co0 per year, but sstimatipg tina receipts a.
$50 01o per month OF sheh there doubt this
would give annual ipt Ct s24oop0. From thi de-
duct fe1ty per crnt making sos 600. for running
penses and there l. lett reoeiSt of l44 eco, which
i twelve per cent on the outlay
The whole line Of the Delaware road, from Dovsr
river to Naaticoke has been pGs undr contract. This
roa6 Is 81 direct lire Norfolk Sirgiois. The oompa
ny shout to open books oc description in philaiel
phis for tie completion the Tne Nor .fmericaa
Gays
The cost Of the road wilt h. $500 oOe wo..hirds Of
which has been tubcsimd the Sis'e subseritss $780,
oo0 and nobos donation to mosny # $50 go al
well secured
Tho roso viii open tNe entire pcpiusus of Delsva-e
and Eastern nsry lar and Vi~Rins this city wil
bring Ipo esriier direct Communication With
the South yia Norfolk and op-u Tie say tc railroad
connec:icn OF Phlsaeiphia riih Cape ueniopen.
The PRESENT course OF travel south Is first: by railway
81 mise, from fbsdeipb;a to Bslmoro 40 miles to
Washpgton city bX so,t to 40 Tia creek So miles
ard railway j6i miles weldon, Sorth Carolina-,irne
about q to so hours Or second from Baltimore By the
Chesapeake Bay 1eT miles to Norflk. tmo from Pbila
dolphin g hours The these lines IL believed %
he, OF the first six millions the ssoond Qnc!udDg
Iairosd) three millioIs oi dollars.
The projected line i. from Philadelphia to Dona by
stesTbott 20 miles, rsi~ay TO Seatotd 43 miles, aud
steamboat to Norfolk ISL mes time 10 hours cost Of
the whole line les than half million.
The new route has therefore, tho advantage Of any
cthes ne IN distance So me in time of travel from Eve
TO ten hours with adv ntase in safety
snd comfort Of psssepg bing almost eutrely sound
and river navigation and III tho ability to convey pas
sesgors pro1tably at reduoed prio-s
Tho present fr.ights from New York TO Norfolk via
Baltimore forty to sixty cents on ban re ten cents
Per buehei grain. sni ssvsn,y cents per hundred
pounds on merchandise.
The tredc OF the Roanoke Nsvg4tion Company for
yards the produce Of ex,ensis region pcn,tra.et
" the Roanoke Dan and st.o,on rvors; and tbs truck
nc business Of the Virginia counties bordering on Nor
elk which is estimsted ~ thirty thousand barrels
nnusly. 1t is probable therefore tast the southern
rsnpcrtaon alone aud peniosulsr eu tom OF the Della
road embracing egss or zen popuous and fertile
counties. would MAKE this prof. able stock but
il Ii confidently believed tina, the natural advsn.
tsgee OF this line viii least share largely In
ths great southern travel neiy iucrsssed aud
increasing by lines Of raj way and stsabos.s traversiug
the southern and eou slater and extending TO
New Orleans aud Rlorids 0oe Of these lives the VIII
ming on and Raleigh Railroad Thicb nov connects With
Norfolk b. means the csboard and Roanoke Railroad,
took last peer si PIG Al with steadily increasing basi
ness the difference in her fessps between that and The
year previous. being So Ss4 ~
The seabosrd and Roanoke Raroadi Is just complsted
eighty miesj to WELDON where I. uptes with the VIII
mfnet6r Railroad iCl n.lcs 20 wilmington an il has