The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-11-03
Totals ......,. So, 226, 900

Totals u, 20 900 1915, ESQ
The Albany Journal responds follows to some state
ments relative the Central Railroad Of this State which
have appeared in the Hartford Comm Times
The Hartford Times has its RESPONSIVE will moi in.
quire what they are-or allowing its columns to be
ployed in assaing the New York Central Railroad Com
Pany.
Somebody in Hartford it wsuld seem, relying upon
Wall street which exaggerated the eansgs Of the
sequent gave the receipts Of the company for the
months referred to, which fell below the runner the Hart
ford Tunes charged somebody with suppression" or
"fraud and still insists that there ID cheating round
the board.
The New York Times in explaining the discrepancy be-
tween its previous estimate and the published statement
iners that the receipts" and the earnings of the
road show essentially different esuts That paper
road August and had not been
when the staeme Mt published but they amount TO
such sum as the Times supposes.
The officers OF the Central read had object or inter-
rest in publishing the statement of its receipts but to
give reliable information They engaged diligently in
putting their road in efficient working order, wholly
gardess of the adventious circumstances Of the arti
cia influence which causes the value Of its stock ebb
and Cow in Wall street.
The complaint of the Hartford folks however, ia not
well founded as the facts prove They say that in
sequence of the Wall street Of six and hun
dred thousand dollars earnings Of the road August
September, they induced to purchase III stock at
20 and % per cent premium Now, unfortunately for
the accuracy of this statement Central has been
sold at such prices since the appeared During
those months the stock ranged 1T about per and
has only fallen below that point in common with others
II may be proper to add that those who may be sup.
posed to know most about the business of the nsura
highest figure That class Of stockholders are entirely
sa.:rasd not only win the receipts" and earnings
but with ~ prospects Of the road.
with the former rates for passengers and reighs
receipts Of the road for August and September would
have exceeded the WA street estimates And as it is
while the public have had the benefit of reduced fare the
road has fulfilled the expectations of those who favored
consolidation and realized the pecunary
OF reasoDa BILE stockholders.
Hart NIT afs
the railroads between Albany and Buffalo, is rather
amusing All things considered, Eastern friends
and denouncng the officers Of railroads In which thsy
have been fort stockholders for the last ten or
twelve years, must strike themselves, reflection as
The Central Railroad is managed by the same officers
who governed the several companies before consolidation
with these officers the Eastern capitalists have been quite
ready to convert their six per pts into some
thing more satisfactory We may not promb them con
nuance of all they have been recevng but we venture
to say that the Central Raroad doing its whole
duty towards the public will make fair return to its
stockholders for the use of their money.
There is even less doing in dry goods which, however
are not now forced upon the market, anguid in
price, large number of dealers disposed of their
supplies Of undesirable fabrics through the auction
rsoms at very low rates. which have involved consdea
bic sacrifices but this result generally ancips ed
and does not surprise very moderate stock, Jet
fine assortment of seasonabe productions is at present
in the stores of principal chants who mainly
in secure positions, and manifest little inclination to
court purchasers by abating their CLAIMS Neither DO
they willing to part with them except for cash.
great has been the dstrus stoned by the
barrassmens in financial circles. Had the pressure in
the money market been felt This reluctance would
have been commendable for the lack of stability and
certainty in credit business has been suf GENTLY
grieyous to insure the adoption of AID ad-
to the cash system But under existing crcum
stances, plan be devised that win surely
amelorate the condition of the trade, and ferty it
against future contingencies, than the latter Let fac
tors select their supplies carefully and sell theu f
possible only to parties who will give unquestionabe
securities with their notes. pay ready money for what
they need, and they cannot fail TO enjoy permanent
and prosperous traffic.
Brown sheengs and shrtipgs appear rather quiet, but
unchanged in value. The amount here is limited for the
button Beached sbeetngs and shrings retailing at
languid rates Cotton fannes inactive, and
what nominal Denims pentier but less inquired for
and the leading styles worth only 10c Drills
derately purchased, at 74c a7Hc for browns, nc.
&c. for bleached, and &c. 9xc for blues No change
has occurred in duck which sells freely at previous quo
tatoDs. Gnghams not so active, at lie. Lawns
and Danhins continue dull and heavy Osnaburgs
brly inquired for at full rates. Printing cloths
rather scarce and in slightly improved request, at
last weeks pri Prints generally unchanged, the
demand being confined ~ small lots of fresh goods at old
figures Stripes and ticks freely offered, at
CONF aratve statement of the hpmepts hence of
e0tton ods during ten months endno with Oct