The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-11

west FRn0ert ACKNOWLEDGEMENTS. *
The above st comprises all the foreign railways On the
hooks Of the London stock Exchange The Reading is not
Included Several weeks have elapsed since the announce
Asnt was made and since then have had many arri
vAs from England yet have received the intel-
vensc Of the sale Of single share has the been
suoted in the lists and consequently could have been
placed the books We doubted first and We doubt
now and those doubts pened into certainty BY the
evdenee above addused This lie another thoee facti
sus attempts to deude the public which has been played
nom time to time The game is to make the public
Sehevs that foreigners DESTROYS Of Specializing de-
D1eeiated American railway concern Of uncertain value
We admit and have admitted that stock and bonds are
owned in England but venture to repeat our former
srnon snat the stock and bonds were voluntarily
yu,shased but were paed upon European holders who
were Obliged to take what they could get out Of what was
Ssemed bankrupt concern. or get nothing. We have
reliable information that an extensive mercantile house
n London advanced considerable Reading secu.
rites some years ncc and from the period Of their st
payment to the present time the opportunity has never
Been afforded them Of getting out without loss This Lon.
con house has concurred in all the movements to extr
cate the concern from ts snbaxrasens with the view Of
sreving Themselves and hence Of
Erred stock as well bonds We rcsratc belief that
The Reading stock not regular stock the Exchange
n London, and We do not believe win be quoted there
The railroad Of the Dauphin and Susquehanna Coal
ssmpsny Is now completed into the Pennsylvania. the
cumberland Valley and the Baltimore and susouehanua
saes The connection affords outlets for the coal Of this
company down the Lancaster road to Philadelphia over
eos Cumberland Valley road to Chambersburg and down
Ne eusquehanna road to Baltimore The ears Of the Bal
Gnore and susquehanna road are now we are informed
seeding at the Dsuphn mines 1t would appear that th
zeal company possesses advantages any other in h
country.
The Chesapeake and Ohio Canal is in fine nayisabls
Ssses It's entire length The water let in the 4h
hstant and large feet Of boats left different points for
~ water 1t il expected very large business win be
asoe this year in the transportation Of from the Cum
bssaand regions several mines have been opened
AID WIN be actively operated The Phanix Coal Com
Dany hsve made such Improvements necessary
~ deveopsmen Of the rich coal mines Of their lands and
~ the Baltimore and Ohio Railroad and Chesapeake and
ohio Canal large amount Of coal Will be brought to
0AAe The Cumberland coal is destined to take prece-
Ss.ss Of al Others for consumption for certain purposes
Aawhen the receipts get to be not only large enough
Meet the demand but steady from year.
3endense can be placed the supply it will he generally
nssd for the generation OF steam both the land and on
~ sea
The second syAuA meeting OF the Northern Liberties
Duhdpg Association Of Baltimore held in that city
q Friday evening last when j Calan was reelected
1rendent; II B. Sweeney Treasurer; and joseph Rad.
a Secretary AL the board Of directors were continued
- once The Affairs Of this institution are in highly
prosperous condition appears by the Secretary.
port namely Amount invested on 22s shares Of stock
S4s6o0; amount Of security se000o received into the
trsasuy S 92e 49, amount paid out S26o35 S3-leavng
n the treasury $2a3 So The value of the stock upon
every s24 paid in s45 co. per centagc on investment
Tx per cent
The gold mines OF California have not attracted the
attention of capitalists in this other Eastern and
Northern cities much the specializing propensies
II our people induced TO expect Capitalists in Eu-
Dops have turned their attention to this subject
haA those Of this country, and they win probably reap
ahe richest reward s true there idle capital
IN Great Britain, and money is much cheaper, than on
Ibis side Of the Atlantic but should not suffer TO-
yegners to carry OF all tho mineral wealth Of California
The Hngsh understand the mods operad Of gold mining
better than do and they will ultimately absorb the
mineral resources OF California, they have every
ether gold region In the world With a perfect know
hedge Of this fact Col Fremont will soon leave for
London for the purpose OF enlisting the capital and
science Of Europe in favor Of the immon mineral wealth
u California The production OF gold in that section
Of the world lie only limited by the mean. en-
paoyed to obtain It. In every part Of that ex-
tsnt Of country bordering the Pacific ocean west
Of the Sierra Nevada quartz rock containing gold
abounds and there lie material for the coprump-
on Of centuries Tens Of Thousands Of quartz crushing
machines would nnd constant and we believe profitable
employment in that enormous extent Of country There H.
therefore neld enough for army operators and the
supply Of mineral is inexhaustibe This mission Of Col
Fremont TO England and the Continent likely TO be per
fectly successful No living knows more about the
mineral Of California than be and hi. view.
and statements VIII have weight with the capitalists Of
ths old world Many companies have no doubt, been
formed In England that will prove worthless while others
viii doubtless prove productive anticipated The
presence Of Col Fremont in London will have favorable
Influence upon thoee engaged in the formation Of these
companies and the information he will impsrt will with
cut doubt, be most valuable and interesting
The deposit Of California gold at all the United states
Hints each snce the discovery Of the mines accord
ipg to Official returns, was annexed -
receipts 81 CALIFORNIA GoLp Dusr TIu Q. 3 MINIS
Is49 n M 400
1860 az ora oo-
AA .,.,........... J5soS,Z 52
'.',''''....s.,....,...,...,. SOS 4V7 $50
The total receipts into the country have probably been
many miions more than the above aggregate and the
product In California probably ny per cent greater The
mines have without much doubt yielded from one hun
red and nfy 10 TIVE hundred millions OF gold dust sine.