The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-09

Balance receipts SIN $50
The quantity Of coal actually brought to mpIket dur
Ing that Sl5 COO exceeding by Is CO tons
the quantity which IL was estimated in the Last annual
rort might he safely calculated upon. The profits Or
the businsss Of the year amounted to $50 AZ equal
to SIX cent the capital stock The earnings Of the
partial business Of the year 1860 including the profits of
tie wyoming Coal Association at tho time il merged
in this pany amounted to $ss 42l "a making In all
s26 4O 49, about on per cent tho capital stock OF
this company. The company have declared dividend
Of 3 per cent appropriated Sl2 010 towards extoguish
ing the original outlay for the opening Of mines leaving
siplus Of Sl30404 70 TO the credit Of fund
Tho finances Of the company are the rccre in flourish
ing condition, and the dividends from this tmo out will
only DO regular but likely to steadily increase
il estimated that four hundred thousand tons Of
wi be brought to market this season OF which large
portion has bee contracted TO be rod The lands Of the
company at Iitttcn aud its vicinity contain nex-
haustblc supply OF the purest coal for indefinite pod
The railroad anu te machinery constructed &c
comDoda,e annual transportation Of hundred
and fifty tboussns but they adequate to the
transportation Of million OF tons. The companys
o,ai number 400; canal boats sol with capacity
cr 125 tons EACH The arrangement with the Delaware
and Hudson Canal Company for the sale OF the coal
the Pennsylvania Coal Company, has been discontinued
tho company ransscs ali OF Its coal busi
pess The requisite yards in the city Of New York and
osisn IN addition to the tour blocks Of ground sui
piers owned ty he company at Williamsburg bare been
procured and every fssy provided for supplying the
cosl with dcspstch TO the steam maine at this port
Suitable land has alsc been obtained ~ moderate cost
and alarge DEPOT established at Port Even on the Urd
river the entrance Of Ropdou creek with docks
and basins Tor the reception Of the they arrive
from the canal and the shipment OF the coal goog to
towns the Hud'on river and the New York canals aud
10 the various ports In the Fssiern States
The annexed statement exhibits tho liabilities and A.
sets Of the company on the Let Of May, 1861
PrSrsyLyANIA CoAI CosipAsy, 1862
R,sl estate oks $3.50 se2
canal bca sd7,335
ham Gao 500 O25
tpnlng Dlntt 126 663
suehei intst. ....,.,.................. I44t0
estimated ..,........................ 30o14S
suIdry disburse d, nts On account q bu.iness
q 1862. ............,-.......... 10000
Powder and oil account. 1eJZ. 38
Balances IN hands OF sg' nts u the company. 657s
Dill sDd acct UNITS receiv allie ............, IpIsT
,an on nsno ana ioapr ~ call. ........., g,2Sg
Coal ard materials on band la PenusJ lvsnia
tcoasi 1892
.,','.''s'... Sl6 098
J0chputi stt ~ .t........,........ ~ 36s 2SJ
e'Lwshbie bobds..t,,, ,...,... 6U0OGg
moiikfss NEUTRALITY-SUSPICIOUS.. 1876 500
" b"Ios ana mortgages payable. ~ 1888
plis ana accovIm do.,.... Jt0,74S s. SOL ,062
II which ,brre was 628 aoI
Pttbt 81 q lose 10 1S50.,.,....,. S7842i
lrOtt 1Lo los Ia ls5l.,...,.... La 800 1925 404
The capital stock aud permanent bonds Of the com
refy amount 90 s3a25ts0, which II large enough, and
cloud not under sny c,rcumttsrcee be increased Tho
propensity be continually incrcasing the capital Of
incapots,'d companies Is eiesi that oo.t .a.trous
ftfiIl ttIs