The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-03-15

THURSDAY, March 13-5P.M.
Va have nothing new to report in the stock market.
AZ the rst board to-day the tendency throughout vas
decidedly downward, and some sales were made de-
cline was submitted to. Canton Company fell of Il per
cent Nicaragus Transit u; New York Central Railroad
u; Erie Railroad, NJ Hudson River Railroad, n; Cleve
Ind and Pittsburg Crystal Palace advanced per cent
1hs transactions time buyers option denote conf
dsnce In the future of prices at all events the
part Of purchasers On the other hand sellers show their
belief in greater depression by putting out contracts
he operations to-day in railroad bonds covered great
variety than quantity at prices previously current
The steamship Nashville from this port for South
ampton and Hayre, to-day, carried cut 1884 0l in spe
ce The steamships George Law at this port from Aspin
wa and Star of the West from San Juan, brought one
million Of dollars each Of California gold dust
The Reliance Mutual Insurance Company have declared
. ssmannusl dividend of per cent.
The market for mining stocks active, without ma
terial change Dulness is the prevailing rule One
thousand Deem River sold at 3Oc-the first transaction
that has taken place in this stock at the Mining Board for
some time Lehigh has declined to 81, but will prob
ablv recover when the of the market improves.
The receipts the office Of the Assistant Treasurer Of
the United States at this port to-day, $685. o.
the payments amounted to s20 926 49, leaving balance
ON hand Of 90, 013, $40 10.
We published, few days since, table showing the
of dividend paid by certain railroad companies OF
New England during the year 1853 The table comprised
those companies tho financial affairs Of which centre
Boston, the stock bonds, &C., being owned principally
by Eastern capitalists 1t appears that there
railroads in the New England States owned and managed
by New York capitalists These roads not included
In the statement referred to- and correspondent has
written us the following communication the subject
which We publish for the purpose Of correcting any mis-
apprehension which may have arisen relative to the pro-
luctiyeness Of railroads In the Eastern States-
N NEW ENGLAND RAnRoADs.
10 me EDITOR OF THE New YORK HERALD.
A statement appeared in the HERALD q few days ago,
respecting the value of New England railway
from it ID that these roads generally Improbable,
and therefore bad yestments That statement omit
ted to mention very important Eastern roads, to
wt;-the New Haven and Hartford, which pays Ave per
cent dividends and the stock Of which sells
at 1876 The New York and New Haven was likewise
omitted: this stock Is temporarily depressed In conse
Of the company passing its two last and
n vet sold at 1O2 The Naugauck and Stonington roads
we're omitted the former paying eight and the latter
seven per annually The stock Of the Stonington
now 10, which makes it ten per cent investment, II
bought at that figure The Norwich and Worcester road
was quoted paying two per cent semi annually The
last dividend this company paid was three per cent and
a. its is steadily increasing the probability is
that It viii be less than that hereafter which would
make it ten and half per cent investment at the pre-
sent price of it's stock.
Now it will be by these corrections that New Eng
land roads in general by means investment
stocks the statement referred to would lead hasty
tasts and others having money to invest the proprety
e making these corrections viii be apparent
The Last annual report Of the Superintendent Of the
nondaga Salt Springs presents the annexed statement of
the quantity Of salt manufactured and inspected during
the wear 1S63:--