The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-24

TABLE RESOURCES
Stock in other Joint stock companies 7432 O7 80
Stock in old james River Company ...... 460O 20
Bonds Of joint stock companies ~ sie w
Bonds of James River and Karawha Co... 1,9Ss l4o %
Applicable to public debt ............ s43'36l ID
In addition to this sum Of resources, the Common
wealth has invested in works of internal improve
mcnt, not yet complete, the sum Of $9,43O,l59 46,
from which profits may be expected when the works
ore completed but any estimate now of those profits
would be mere conjectural. Investments have been
made in other works equal to 81 409,988 a. but as
they have yielded no dividend heretofore, though in
state Of completion, no profit expected from them
through the future.
We learn, from the Parkersburg News, that all tho
remaining sections on the Northwestern Virginia
Railroad are to be pat under contract Immediately.
As the company'has sufficient finds hand for the
completion of the entire work the intention is to put
at least six thousand men upon the road and have it
completed without delay.
The construction of the Nashville and New Orleans
Railroad seems to be no longer matter Of doubt. It
will be GOO miles in length, and will cost from $l0,-
100000 to $4,000 900. About So 500 900 of the
amount has been raised, and portion Of the route
is already under contract. It is contemplated that
the work will be completed during the ensuing year,
from New Orleans to the Mississippi line.
The New Haven and Hartford Railroad Company
have issued proposals for loan Of $500 00O drawing
six per cent interest payable semi-annually in New
York, the principal redeemable in twenty years.
These bonds ore part of an issue Of one million OF
dollars, by which the bonds due in August and Feb
ruary next are to be redeemed, and by which, also,
money is to be raised to finish the double track.
When the old bonds paid, these will be the only
lien on the road. Proposals for the bonds will be re-
ceived at the Union Bank in this city, until o'clock
on the afternoon Of the 3lst inst.
The Houston (Texas) Register, of the lst inst,
says:-Great excitement has been created in the
towns on this side Of the Rio Grande, opposite FL
Paso by the discovery Of some very valuable silver
mines on the eastern slope Of the mountains, about
sixty miles northeast of Donna Anna. The ore is
found in immense quantities. directly the surface
Of the ground and several tons Of it had already been
gathered and transported on mules to Magofnsville,
and smelted The ore is so rich that the silver is
extracted readily by melting it with a common log
fire Of pine. Lead ore is also found in extensive
veins, traversing the rocks in every direction We
are informed that thousands of tons of lead ore SINH
lar to that obtained at the lead mines near Gaena
be gathered the surface Of the ground on the
mountains east Of FL Paso.
The Richmond Qndiana) Palladium says there
is something out Of joint connected with the manage
ment Of State bonds which has lately come to light,
and has been the subject Of legislative attention.
The difficulty grows out Of discrepancy of several
hundred thousand dollars between the accounts of
the Auditor and the Agent Of the State as shown in
the following report to the House Of Representa-
tiyes -
INDIANA STATE Bonds
From the last report of the Auditor Of State it
appears that of the five per cent Treasury
Notes, there had been redeemed, up to the
date of that report, exclusive Of interest, the
While the authorized issue amounted to only. 7S2s4o
Showing an excess redeemed of. ......... sl2, $50
OF quarter per cent Treasury Notes. the amount
redeemed of principal, is stated at. .... $40 $50
Amount Of authorized issuc................ 10000
Showing an excess redeemed Of .......... 6q6o
Making total loss to the State Of ....... SO $50
The committee from On examination of the books
Of the Auditor and Treasurer, and by refer
eDce to the report Of the Committee Of Ways
and Means TO tho last General Assembly, are
satisfied that the amount of five per cent
notes redeemed and now outstanding. over
the amount Of authorized issue will reach the
sum, exclusive Of interest ................ SIS OO9
And that the excess Of quarter per cent notes
Will exceed the sum OF .................. 10000
-
Making exclusive loss to the State, exclusive
of interest, of not less than :....... $4,000
III regard to redeemed State bonds it appears
from the report of the agent Of State, that
up TO November, 1851, there had been re-
deemed and cancelled bonds amounting to-. ses5o 900
The agent, last winter, returned to the Office
Of the State Treasurer only 5,763 bonds,
amounting to Observation-Disclosures. 5,7so,ooo
leaving deficit of A. 100 bonds or.:... ST. 900
OF outstanding State bonds, the Auditor re-
ports the amount at...................... 12l4O0o
The Agent OF the State reports the amount at 982 900
-
Showing discrepancy of................ $780, 900
OF new stock. State and canal issued in ex-
change for original State bonds, &c, the
Agent Of the State reports the amount $1 1906 OCT 90
Who the Auditor reports the amount at 131206e2 SO
Showing a discrepancy Of ............ $274,474 so
The committee in their report say very truly that
this extraordinary condition of the stock accounts
Of the treasury challenges the earnest attention
of the General Assembly, and demands immediate
n al action