The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-05

that financial position company Is snvroned by
many dcultiss and great ~ ct spy OF gloomy
epoohs 70 cap the climax OF oil this tits now promised
that stock dividend OF IL per cent to be declared TO
shew what be done in the way Of capital
by stroke of the PEN The period when this div
dead pronhed is next JanuAry-ten months OH .
thousand events may occur in the political and COM
nsrcial horIson and in the oesl affairs Of any
psny, that may change its whsle prospects. Ia this
county where there suoh frequent fluctuations we
cannot rely with any degree Of safety promises
far ahead.
The directors Of the New York and Troy Railroad Conn
paHy had meeting In this city few day since and
agreement made with the Harlem Railroad Company,
BY which the latter company have leased the now roai
20 Troy perpetusy, for seventy thousand dollars per
annum-$7e, o0o-whioh 10 per cent on tho COST
The Legislature Of Maryland has by almost unan-
msus vote, passed bill prohibiting the circulation
within the 6tate of bank notes Issued BY banks out Of
the State Of denomination less than ave dollars A
year two since the Legislature OF Pennsylvania passed
similar bill aud believe the law has worked pretty
WE'LL The Western states viii have for time the benefit
Of this as 1t will throw the smaller issues Of Eastern
banks among them but IL It is carried too far il will be-
conc great evil there II has long been In other
places.
The Pennsylvania Railroad Oon any oMsialy rsfu.e
the charges made against the that eny Jealousy
ising between the merchants Of Phalelp ha and New
York, 10 matter OF any interest to the management Of
the road It Is true that the company gave mott TO
their agents in this city not to receive any goods
west that road until further notice. for wing
sound and substantial reasons:
Our road being In unfnishea state we must nsce,
sary transports freight passing between this place aud
Pittshurs-forty miiss-by wagons, which, Of course,
limits eur busnes' in proportion to the number OF
wagons We are able to procure and TO show tina. the
Of the company have been active in their exer
lions at that point need only say they have
Esgtd over two hundred wagons employing more than
one thousand horses Even with this amount OF stock,
cur receipts at Philadelphia likely than
could be forwarded Our only resort them was to limit
daily receipts to amount that could bs forwarded
without detention TO receive freight without check
at this time, from New York, would have been runous
TO the owners OF goods well asio to the rspua
ticn Of this company. We them the only method
possible to ADOPTION the 18th OF February tsesaphei
more freight We wrote all Of said parties on the lltn
to the effect, informing them at the same time,
that al the old lines receiving freight which is the
only winter channel goods New York Philadelphia
have had their facilities the they
have been, and cur daily shipment, OF hundred tons
certainly amount to increase Of bunes, Of the present
Between the 18th and 10th Of February wa did notr
ceive package OF goods from any Of the Philadelphia
houses and from tnet date TO the present have limited
receipts to amount bad wagons to accon,mo-
date without OBTAINING the goods beyond the time
ceipted for To accomplish which we have closed our
doors dere mt times rs early ss A. NJ with large
number Of drsys In the street. all Of which had to return
oil night This fact Is more unpleasant to US than it can
4esibly be to any OF the merchants Of New York or
Phladslphia but at this time Is unavoidable
Our board Of directors have issued order after
order to their agents at this place. and at oil other points
the road to make exeron to carry the greatest
quantity Of freight possible.
The number of vessels passing the Wesnd Canal in
1861, chow han dsome increase In It's business over
1850 The number of vessels passing up and down. with
the total passing both ways for two seasons,
follows