The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-25

The amount OF debt paid OF during the year was SAL
OIL 65 and there remained In the treasury applicable to
the purpose s25 11s 6s after setting aside
sufficient to pay dividend OF six per cent the capital
stock The laying the railroad with heavy rail has bsen
completed during the year and the road is in good
and substantial order and with good stock OF otivs
power.
The stockholders Of the James River and Kauswha
Company at their late annual meeting, held in Rich
mond adopted resolutions to apply to the Legislature
of Virgins for loan Of S7oo to complete the tide
water connection and for slsoeoo to pay the interest
due from the company its debt the nrst OF Janu
airy next.
The receipts Of the Cheshire Railroad In October 1851
s26 o25 H. and for the month this year they
were 500 500 rs. Increase SO, 614 H.
The Commissioners of Knox county, Ohio, have deter
mined to issue certain conditions, $4,000 county
bonds 10 the Springfield, Mount Vernon and Pitsburg
Railroad Company This 1t is supposed will enable the
company TO put under contract ths line from Mount
non to Loudonville.
ssmetins since the stock Of the Parker Vein Coal Com
papy put upon the market and has beeu steadily
improving in market value The capital OF the company
is small and tbs assets in hand large work
the mines actively and prohtably The OF coal
sent to market weekly ranges from Thousand to
twelve hundred tons, which yield handsome incoms
The annexed detailed statement OF the position pros
pects Of the company gives all the information necessary
to the public Those who have investigated the affairs
and accounts Of the company have the greatest conf
dsnse in Its ultimate produotiveness
The PARKER vsis Coat CoNrASr, CuMpxsLAnp, Many
LAID.
The charter OF the company granted by the State
OF Maryland The original capital OF the company was
$500 GEO. which by Amendments to their ohartsr
increased to COO The stock fer the $500 900 In
creased capital wsssusd to the stockholders payable By
instslments The instarpsnts remAlniug uapsid are
1,la I'm a. nf Aa-rt I,~~
and amount to the ssm OF sl29 600
Cash and assets in the treasury aud hands OF
selling sgents. Observation-Disclosures. $1,000
Total assets $500 oos
Liabilities of the company ia bonds and mort.
Eages on real estate. soy2oo
Bills payable, accounts, ACKNOWLEDGEMENTS. 20 coo
Total liabilities. Observation-Disclosures. ss24eo
Surplus Of ssss over liabilities. $3.50
OF the above liabilities Of $50 i6o the OF $4,000
Is not pay able till 1854 consequently the cash Of
the company will amount to s32 $40 being the available
capital 1t command Of the company The estate OF the
company embraces about 500 acres Of coal land to
which they hold the fee simple situated at Burravlie
seven miles northwest from Cumberland Maryland the
estate Is bounded the south for "a miles by the
Mount Savage Railroad The company have opened on
their lands seven workable veins Of superior DEAL but
present working only I've OF them. The work.
ing capacity or amount which be mined from
these two veins Is $50 tons per day and this
ar. restricted to mining ouly 200 tons per dsr by The
inability, thus far this season of the Baltimore and Ohio
Railroad Company 10 furnish this Company with 10
freight ever eighty tons per day and want OF ears
aud boats freight 100 tons Per day by the Chssa
peake and Ohio Canal.
The company have inside arrangements Tor trauspersa
item which in few weeks will materially increase the
aueptity OF coal sent to MARKET and the arrangements
81 the company fer the ion of cos next sea-
arc such that they feel folly justified in staisg the
quantity which they will forward after thu first Of June
VI nix hundred tons daily The company hsvs closed
contract one year with the right Of renewal for two
years With the New York, Bstcsore, and her.udris
Steamship Company, for oil tho steamers OF their limo
or lines TO Baltimore Alexandria four Of which to
be put on the line In March, three ia Nay three 10 Asr
ana the OTHERS So fast they built freghtipE the
companys coal as they direct either from Baltimore
Alexandria TO New York at the rate Of 81 rs
The will, be five hundred tons burhes each will
form daily line and TO bring at least -four huRarcd
tons ef coal tech trip and will be ospable Of bsgng in
addition fifteen hundred barrels OF Fight freight Tor
ceunt OF their owocrs. The present bueincs OF the
company ~ twelve hundred tons per week including
= he cosl cekod OF por avnum sixty thousand
WHOA after paying 81 S7s freight per ton ana deaust
inE coumiseions salaries. Office rept TO, Leaving net
roft 70 the company Of City cents par~on- eausi to