The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-03
Total sl4l 400 $50 70 $50 se8 % s22 1858 II


This table is SO imperfect and incomplete that we
emit making any comments upon it. Comparisons
Of the aggregates with former years would be USE
less, az we have no confidence in the data, and
therefore cannot draw correct differences.
The amount of specie exported from Boston dur
ing the month Of February, 1853, was s422 900 gold
and 81, 100 silver-total, $425 ,000
The President of the Parker Vein Coal Company
has submitted the following report to the stockhold
ers and the public generally, showing the present
and prospective position Of the company's afairs:
PARKER WIN Coal COMPANY.
BY the amendments to the charter of tho Par
ker Vein Coal Company granted by the State of Mary
land in addition to other powers the autho
time since company formed under the title Of tho
New York. Baltimore and Alexandria Steamship Com
pdapled for the coal trsc between Baltimore and Alex
andra and New York, which company entered into
contract to convey the coal mined by the Parker Vein
Coal Company upon favorable terms However 1t
thought best for the Parker Vein Coal Company to
the control of these steamers for which purpose nexo
pany which has been effected upon advantageous terms
by these they will be enabled to transport their
than by the present Of transportation and enable
them to supply ocean steamships an! other large oon
upon terms more favorable than in the power OF
other companies These steamers, building TO tho
number Of fifteen, in various states Of progress
The property Of the company may therefore
thus be described 1,7OO OF land.
containing the 10 feet vein, at 81 900 per
s. 100 ss acres Of land containing the thinner
vein, " Of finer quality, IS well as fire clay
Is Steamship s' Of 500 tons each, at tioo per
ton ............................. toV,VW
100000
OF this amount, there remains to be paid, in
instalments as the steamships progress in
Due upon the lands Of tho conn any, payable
by instalments extending to 1861. ........ 500 900
Making tho total indebtedness ofthe company 1926 600
To this amount, the payment of which Is spread
over the tme the directors have BY resolution,
tho shares OF the capital stock ofthe
company which held by the Treasurer, and the pro
ceeds the SALE from time to time, to be applied to the
aymen and extneuishment Of this debt; will APP
pear by the annexed estimates the earnings Of the com
apy win be sufficient to pay the debt now owing in less
The land btIoneing to the Parker Vein Coal Company,
containing the 'thck mammoth ven,' and which Ia
known to yield ct hs rate Of twenty thousand topy Of
coal per acre borders within distance of from two
hundred to four hundred yards FOR three miles the
Georges Greek Railroad, nearly completed; and the
ccmpanys "thnner vein" has been universally acknow
lodged inferior to nome being from Its purity much
that company pos ,essng btuminous coal lands
send their produce to the great markets for commo
with Of
coal which the company forward to market the want
Of facilities 70, the transportation Of their produce TO
dtiona means of transportation now being constructed
by the Baltimore and Ohio Railroad Company; also the
erection Of depot at Cumberland for the Chesapeake
Ohio Canal aud the immediate construction OF the
Ale xandria aId West import Railroad to westernport
which untes with the Alexandria and Manassus Gap
Railroad and will furnish direct transportation for the
coal the Georges Creek Valley region to lido water
Alexandria, which. by this route Is City eight miles
than by the Baltimore and Ohio Railroad to tide
water Mt Baltmore this route will afford facilities FOR the
transportation OF greater quantities Of COAL and materially
decrease the cost of the Companys coal ut tdewatcr
The fifteen steamships of the company will be ready for
service and placed upon the line foossFour Of Thorn
this present month three in April three in May three in
june and two in July and posse.s the capacity OF carry
ing Ter annum 216 900 TONS
In addition to which win be required, tosup-
ply the local demand, per annum 80. $50, 900