The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-29
The Philadelphia LEDGER Of Yesterday says


The Philadelphia Ledger of yesterday says
The reduction of the OF tolls the main line Of
the public works, by the Canal Commissoners-the
duction to take effect the LIST Of Mays charged
ruge the part of the State administration to prevent
The sale According to the law the tolls limited to
what they when the bill is perfected Consequently,
iessened The effect of this will be to remove compet
ton for their possession and will reduce buyers to the
Pennsylvania Railroad Company. At the reduced rates
Of tolls rival purchasers can it believed work them
proftably. Whether any company can make this line
pay at ten millions Of dollars, is by certain,
but it has always appeared to that it is worth
the Pennsylvania Railroad Company than to any other
party By holding control the two lines such dis
ordinations may be made in tolls as to drive heavy
freight into the canal thus leaving greater facilities
the road for passengers and the lighter descriptions OF
freight If the line is not worth ten millions to the State
to the Pennsylvania Railroad Company it probably
not worth II to any, II we remember rightly the ca9l
tai and entire liabilities OF the company about
Fifteen millions of dollars Ten millions more for the
Main Line makes aggregate Of S25 600, 900 a very
round sum- and before incurred should be closely cac
lated TO ascertain if there is sufficient business 10 make
such an investment profitable.
The circular OF T j. Stewart Co.. prepared for the
steamship Arctic contains the following rela
tive 10 the movements of the cotton market the receipts
Of cotton, &c, up to the latest dates -
AT the close Of our last report per Atlantic on 18th
inst, referred to the hope of seeing prices
steadier the decline had been out Of proportion to the
alleged and that tho receipt Of advices Of the
commencement Of hosties between the Western Powers
and Russia would, instead Of imparing confidence pro-
baby cause an advance, from natural reaction The
Americas adyices to LIST nst which received al
most simultaneously with our issue had that elect and
although for day two prices quoted lower there
sellers at such quotations. and decided i'm
proyement in inquiry perceptble, which continued
throughout the week, closing firm at prices &c to &c.
higher than the forced sales, with total business Of
1887 bales of which S,3iS taken for export The
Beard Of Brokers at their meeting last Monday morning.
adopted the quotations at top. The sales that day
reached nearly goo bales Of which FOR export
On the 25th $50 bales reported of which $40
for export On Wednesday 1854 bales soli showing
improvement the Arabias advces to the 18th inst
which received the afternoon previous The advces
Of renewed difficulties stockport and Blackburn which
would lessen the demand at period of probable largo
receipts from this side, caused tho check, all the
general elements otherwise favorable On Thursday
the tone of the market languid with business Of
$40 bales of which 446 reported for export and
yesterday 1000 closing heavy The receipts Of cotton
at the ports continued free from the causes named by
in that ISSUE the being reduced upwards of
bales in the fortnight, and now show difference Of
t2 900 bales The season. far has been proptous for
planting, and the usual complaints that have
disappeared. The crop figure exces but little contro-
yersy, the average opinion being as formerly, about
2,S00,000 bales.
The annexed tatemen exhibits the quantity and value
Of foreign dry goods entered at this port for
iion for warehouse and the Withdrawals from warehouse,
during the week ending and including Thursday, April
81, 1854