The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-24

NEW YORK HERALD, ST
sl3 "A has been received from passengsrs. and
s326, 1855 Fl from freight OF the $40 ,2s0 81 ex
penses, 394 ,345 SO was for wood. The number of
passengers carried one mile was ls sO4 O4s number
of tons of merchandise carried one mile IL 900 $780,
In the year ending May. 1866, the total earnings
We're $s76,5s3 4s, and the total expenses 1896,
I04 AZ.
The minority Of the directors objected to the re-
port, on the following grounds
In the included many items that are worth
less and others that nearly So some that are in dis
pute at BEST and some that not available As means
put down a. sS anS
made TO schedule for the details An examination OF
schedule en-. satisfies US that only $4,000 Of the amount
and land damages nj the sums stated In the schedule,
which cannot be done unless the sum of sI2So 900 Is
counted among the liabilities the other sde (which
not done in the report and emitting valuation Of
engines, cars, steamboat wood Oil stock rails lanterns
able TO pay the debts of the company, we put our
mate Of the available assets at little less than 5000 000
instead o. $4sl 44 As figured by the majority OF the
directors.
Oh the other side, must add to the amount Of uabi
ties which are included by the directors in their schedule
(yz SIS. t42} the whole amount OF unascertaned
adjusted liabilities, which include the following MS by
no means nconsderabie viz SIPS ooo for which the
bonds and which must be counted since have allowed
tie sums offset on the among the assets the
Eben Smith claim, $4,000; Bartlett and Mnot claim,
$4,000; Boston and Lowell Railroad claim for allow
anee for traffic to Lowell which the decision of the Su
preme Judicial Court has affirmed, $bO,0Oo sun.
dry small Claims amounting in the aggregate to $40 0eO
and las. not least Mr. NJ W. Hazen's claim for land da
ma xes at Lawrence Here Is total Of unadjusted ab
tes, amounting exclusive Of Mr.. Hazen's daMages) 70
s255oo0 is OF course TO be hoped by the stockhold
that part Of the caims may be abated in the
settlement but they cannot be ignored If they did not
exist,
Assetc 4ooo 0nO
Liabilities by directors schedule. -. sls3 o42
Mr. Hazen claims sla5, 900 We viii -''''''
tay.,... OBSERVATION-DISCLOSURES. oO,Ooo 4So,uaz
Balance against the company. ............$29Soa 2
"A balance against the company Of S298 02 instead Of
balance in favor OF the company OF e29s 37 repre-
sented by the majority Of the directors.
sets $3.50 o00 for the pay ment Of which no provision
yet made although so0 coo Of the amounts due IN 1851
Oe No1 hs bs S s
rious items $72 900 which ought TO have been charged
in running expenses. 1t will be recolleced that the
stockholders by express vote have ordered that all re-
pairs alterations engines, cars &c. should be charged
In running expenses The expenditure for engines and
in the eyes OF the majority OF the directors seems
to belong nowhere they neither charged to consruc
ton allowed in the expenses,
The following from the monthly repors of Messrs.
Dupee, Perkins Sayles, dated 18th inst, will
doubtless be interesting to many Of our readers =
There increasing disposition to buy the best class
Visiting Lake Superior, from May TO November, induce
more and more personal examination of the results OF
more to the list OF those who appreciate the
OF this country OF the elements of its
perly The Post Office Department has been strangely
inefficient in providing for the regular transmission OF the
mails that at this date official returns for July
have been received from the mines
The price Of ingo copper remains at 26c pes b.,
mos., with no prospect OF further decline.
Pu.1urs and Boston (Ch6 )-since the payment Of the
August dividend the shares have declined TO 225 bid and
and 15 asked This has been caused 10y the sympathy
with the general decline Of al s<ocks and the fear Of
kirnesrta stockha.auctuated considerably during
the month The highest point sab) was reached on the
lie last d.e i has again touched 500, al which several
hundred shares were purchased tor Investment The
market price has recently receded to Ss The yield for
July understood 10 have increased ton tons that
o. June. 1.-THE average yield continues through the year
for the last nine months l55 tons per monthand
nothing but extraordinary accident prevent tt
the net earnings Of 1885, at the present price Of copper
will exceed 81 per share.
h0cklond.-The product for July will be upwards OF
so tons. The nine 10 every part OF H. continues to war
rant the prediction hat, in comparatively short time,
viii be equal 10 the Minnesota The stockfs firm at s2I
bid ard SIS asked. The purchases for the last thirty
days have been eatirey for investment
Sp7.7im.-Tnis mine, formerly known As location B,
OF a diydead several years since, to the
stockholders OF the Minnesota Company II lies east OF the
Rocand territory, and carries the Minnesota and Rock
land veins. Work has recently been commenced upon
the tract. The rsce indications of the most pro.
misirg character The general managers of the com
pauy a'srs are the gentlemen under whose super
nte0dencethe mines above ne ned have produced such
successful rei TITS The stock is in demand al S.
T1'sc rtys0liidiedT report OF a committee sent to
the location June last shows that the underground work
and surface EXPENDITURES have been altogether too elabo
rate FOR the character Of the mine The stockholders have
eady expended $500 0oo and the indebtedness OF the
Company the LIST Of July nearly $4,000 and
above available assets unless the supplies valued
Sill 600 deducted leaving the deficit STA sl Is An
ment OF $4,000 has been eyei, payable 18th
instant The stock has consequently declined to 81 IS
share.
ne Ro,als-The ofi:al return to the Treasurer, OF
copper sent from the min for the eight months ending
frfv TINS Md rails IN I'M
making the ota raised and shipped for the months
2os tons Under date OF July y the superintendent pub
being fraction less than l2o tons; add November De
cember and Jelly, az tons and the total 67 tons An
additional shipment OF about 80 tons was mace In Jane
1t does net appear during what month the produc
raised. The stock advanced in market value fes
age MONTH, yield would be upwards Of 30 tons per
month for the remainder OF the year. and that This would
allow handsome dividend Of earnings The returns FOR
OF large quantities OF the stock in July depressed the
price to sb In The early part Of ihis month the shares
sssn advanced but the recent return Of 20 tons
for July depressed the stock 10 Sl2K
The value Of merchandise warehoused in the dis
trict Of Boston, for the week ending Aug. Is, 1856
was
Try goods. ...................... 13t52 90
Al oihe, meehandlse 2s9 800 oo-3O2'Ss 60
Dry goods 3? $40 %
All other m, rchsndse. so6 eo-37,s2l 90
7slsl vs!oe. ssio,ssQ %
The annexed statement exhibits the quantity and
value OF foreign dry goods entered at this port for
consumption, for warehouse, and also the Withdraw
ais from warehouse, during the week ending and In.
GLIDING Thursday, August 20, 1856
MovEurr Fosuos DIR eoops
SSsysd for Consumption.
QIdnipp raI>u
Manufactures OF woo. .........., $3.50 s10ss. O6S
Do. cotton. ,la5 AIS, 500
DO. elk. ............ 19S 029 3S6
Do. aax............. ,25l 2fiil5
Miscellaneous. 6l5 23l6lz
Total. ..................,..... $3.50 s2e52,4is
wusdraic- from WaTsso,1c
Manufactures OF wool............ 81 sps.s2e
DO. cotton. ......... ITO $3.50
Do. six ....s........ 81 1T.p01
Do. Tar ...........s az 12u7
Miscellaneous. 81 l0,ss3