The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-30

draw from this s that prices for some stocks have
reached their greatest imitation and that the chances are
decidedly in favor Of reaction Some Of the smaller
cla~ Of fancies, which have not moved upward much
may have their turn, and roach level with those in
which speculation has long high but the power TO
raise stock on the list much higher appears to have
| been nearly exhausted.
The trip Of the steam ship Pacific from San Fran.
cisco to San Juan del Sur, and the steamship
Northern Light from San Juan del Nicaragua to
| New York, has shown that the Nicaragua route
thus far Is the quickest well the shortest be.
tween this port and San Francisco The whole trip
tween the two ports accomplished in twenty sx days.
including stoppages Actual running time twenty-one
days Passengers crossed the isthmus Of Nicaragua
thirty ELK hours Notwithstanding the very low stage Of
water The new boats just put upon the Nicaragua
river by the Transit Company will DO able to navigate
at all without difficulty The plank road from
San Juan del Sur to Virgin Bay will be completed
when the trip between New York and San Francisco will
be made in twenty days As extraordinary as this may
seem, have doubt II will be accomplished within the
| next ninety days
Advices received from California by the steamship
Northern Light via the Nicaragua route state that the
clipper ship Challenge her way Hong Kong
to San Francisco with ono thousand passengers. prnc
pay Chinese. This Is curious fact British ship ar
rived Mt San Francisco few days previous to the dcpar
ure Of the steamship Pacific San Juan del Sur with
Ave hundred Cinnamon board as passengers This
shows that emigration from the East Indies to California
has commenced IN good earnest. The Chinese are the
Iiish Of the Pacific; and have doubt that emgr
ton from China to San Francisco will short time be
almost equal TO that from Ireland to New York. and
other American ports In short time this strange pco
pie will be attracted to Australia and 1t would not
prise US much to arrival Of shipload two OF
Cinnamon Mt this port. We understand that ar
engagements have been made with the authorities
Of Cuba for bringing out six seven hundred Chi
ncsc, to work on sugar and other estates of that
island for certain period at a fixed price per
annum by this IT appears that the Chinese arc an emf
grating people-hat they DESTROYS Of seeking their
fortunes In other parts of the world than their
try, to return after having accomplished object they
had in view 20 the place from whence they started They
peculiar race and believe, make good citizens
wherever they CO. Economical, industrious, ingenious
they steadily accumulate nd appear to be satisfied with
small gains To California and Australia they will be
valuable accessons and do much towards developing the
mineral Of those countries The population of
China is about three hundred millions The Emperor
could spare very well fifty Millions of his subjects without
feeling the loss and that number serve to populate
several countri like California Australia The
transportation Of the vast numbers Of Chinese who will
leave home for other parts Of the Pacific ocean will give
employment to fleets Of steamships and sailing
There will be steady stream ef travel to and from
China for swell known that the Chinese cxpa-
triate themselves from their country Those going to
make their fortunes in the newly discovered gold mines
and those returning with the proceeds their
will give activity to thousands Of shipping and
the Pacific with the flags Of every commercial ma
ton Of the world
The amount of duty paid foreign merchandise en-
tered at the port Of Boston for the quarter ending 3lt
ult, was 81 5lo71l II; paid corresponding quar-
ter last year, 81 s3b1s IS; decrease 5000 so4 IT,
Foreign arrivals first quarter 1862 349 first quarter
1851, $40; increase,
petition to the Legislature Of Indiana for a reduc-
ton Of the tolls the Wabash and Eric Canal Is being
circulated throughout the line Of the canal The Toledo
Republican says" In reference tho Ohio division of
the Wabash and Eric Canal we understand the facts to
be that in the arrangement made by states Ohio
and Indiana by which Indiana transferred the lands in
Ohio to this State, (Which lands were donated to the
State for the construction of that part Of the Wabash and
Erie Canal situated in Oho Ohio agreed never to charge
any higher tolls upon that canal than charged upon
her other state canals. We informed that this
legation has been grossly violated part OF the
state Of Ohio"
The receipts Of the Atlantic and st Lawrence Railroad
Company for the month of March, 1852 amounted to
Sli132 30 against S1Io2S IL for the corresponding
month last year showing decrease Of 1895 rs for the
month this year The bulk Of this decline in freight
This Is extraordinary when take into considera
ton the fact that twenty. two miles road
in operation this year than last
The earnings Of the Vermont and Massachusetts, Rail
road Company for the month of March 1852 amounted
to S1o2l5 Is against S50o6 IS for the corresponding
month last year, showing increase Of sils ~ equal
TO more than twenty-fv per cent
The annexed statement exhibits the operations Of the
Delaware and Hudson Canal Company, in each OF the
past three years
DELawARr ,Np HupeoN CANAL CoMrsny.
1919. 1880 1851.
Capital ...........S 81 O6oo0R S63o5 600 81 900
Tons OF coal mined =. l51 org 432 339 i.26a2
Profit fiom coal. ..... S677.4S1 S3S0.5lo S2il6l7
Total profits. .......,. ssiS f36 S156,6ih SibN2S1
Cot coal d !ru-
dout. .............. S24I. $40, -, IS