The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-02
Tefciency

Cost Of fuel 1851 1927 agents. s52 2sI porters watch
men and switch tenders, s5s715, and contingencies,
SlO6 1877 To construction account direct there is charg
ed for 1852 500 $685. TO do indirectly for repairs for
machinery, 6:., $l99 62s.
In 1854 the construction account for extraordinary
damages already occurred will have to bear burthen
estimated at 5000 o0O which includes the entire
sucton Of the large bridge the the Gro
ton river This road is built nearly third Of the
whole distance piles.
The Portland saco and Portsmouth Railroad Company
have declared dividend Of three per Vermont
and Canada Railroad Company four per cent.
II is estimated that the demand for coal upon the At
ntic seaboard in the year 1854 will exceed the supply
at least 500 600 tons and that million tons Of coal
could be disposed Of and above the amountsay six
million tons-that will be sent TO market The demand
for coal in the ratio in 1860 will require supply
Of fifteen million tons This is a fine prospect for all
coal companies All they want is facilities for bringing
their coal to Market and almost any demand can be
satisfied.
4 new counterfeit $40 bill on the Northern Bank of
Kentucky has made its appearance in Cincinnati 1t is
well calculated to deceive inexperienced persons though
by comparison with genuine bill the counterfeit
easily be detected The spurious bill is very little
longer and than the genuine and printed
inferior paper
Telegraph dispatches have been received from New
Orleans stating that several heavy failures occurred
In that city among cotton operators Some of the houses
named have connection in this and other northern cities
All the eastern manufacturing companies have, for
several years past been doing profitable business
all the corporations pay good dividends and in full
operation. The Lawrence Company, Of Lowell build
ing what will be equivalent to two large mills, and the
Merimac Company replacing the old mill torn down
LIS. fall with much larger building besides making
In their driving machinery In other parts
Of New England new mills going up rapidly, and
hear complaints about the want of protection.
Manufacturers are now making money under tn
revenue tariff Of 1s46 than they made under any
previous system and attribute the change entirely to
more economical and juaicious mode Of management
The Supreme Court Of Missouri has refused to prohibit
the Judges Of the County Court from aking the sub
scrpton Of 81 200 600 to The capital stock OF the faci
Railroad The court deced that the act under which
the subscription Is proposed be made Is constitutional
that the sOn section Of the act does not have the effect
TO EXEMPT from the special property within the limits
OF the city of st. Louis by virtue Of the city subscrp
ton TO nav which no special tax levied that the
a section exempng stockholders 70 the extent OF the
amount Of stock subscribed BY them does not render
the act Observation-Disclosures, in fact, exemption
they paying as much others, though in different
way that the act is not nvadaed the fact that the
money all TO be expended within st. Louis county
that the benefits or advantages to be derived from An i'm
provemcnt to be considered rather than the locality
Of the improvement ITSELF and that the question whe
Their ST. Louis county TO derive sufficient benefit from
the completion OF the railroad 10 authorize the subscrp
ton for the determination Of the county court
TO whom the General Assembly might constitutionally
entrust its determination This the substance Of
the decision Il was understood No formal opinion
was delivered but one viii doubtless be 6ed at future
day.
The Boston Journal OF the 3lst ult. says
At meeting Of the creditors Of the 0gdensburg Rail
read Company, held this afternoon, VIM. Raymond Lee
f1q In behalf OF the directors, made statement Of
the oaing liabilities and asseta OF the corporation to-
gch.r ailh Information II regard u lie lasess