The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-14

Do do do. European silver. 5000 90
steamp Kangaroo, Liverpool, US gold bars. 165el So
Do do. 20. bullion . -, 500 90
10. do. do. silver dollars 10000 90
Brig 7. Teston Saw anlls, gold coin ...... 1000 90
Total, 1851 $50 so
Previously reported 2,95l2 So
Total for 1852 SO al2, e7a So
The banks have of course lost good deal Of specie
during the week The three principal heads of loss have
been foows:-
Paid into ubTreasury FOR customs ......... 100000
Do. do. On account Of loan .... 6SS,o23
TOTAL Sl,oI4o'5
Against this they received Friday 81 $50 0c0 from
California; which however will only count day in the
averages and cannot therefore materially help the state
ment to be made 1t is probable that 1t will
chow heavy falling of in specie, which, trust, will
be accompanied by corresponding dmnution of loans
At least should have been struck from the dis
count line during the past week we are given TO under
stand fact that there has been considerable conrac
Last week the banks showed 1891 AL in specie
and $3.50 442, lT6 of loans II to morrow they show
s25 GOO of Specie they should not show moro than
sl2s, 500 600 of loans. The Sub-Treasury holds
SIS 1888 against SS SAG at the close of last week
The necessities OF the such that the money
does not remain hours in the custody OF the Sub
Treasurer here The total payments account OF the
loan amount to 81, 500 949 Money is again dearer
The banks eager to lend Call even at six per
cent and their lowest discounts at Among the
brokers' money may be had from day to day good Sc
curty at five, but the rate seems unsettled, and many
brokers expect change At the discount houses the
again begin to approximate to the old figures. the lowest
rates being 6s for the best short endorsed paper and
longer dates or poorer grades, going from 10 10
Exchange continues firm Yesterday the asking rate at the
leading bankers 1924 for sterling, and 5l21a for
francs the business DONE however is extremely light
seems now that there is prospect OF exchange falling
which, in tho nature of things, must lead TO heavy ship
ments of specie during the summer.
The discussions Congress the tariff have attracted
much attention among mercantile men. A few points are
generally conceded by all All nearly all concur in
preferring specific ad valorem duties, which found
in practice work disadvantageously to the fair trader
and invariably encourage the commission of frsnds And
while all merchants depr frequent and rapid changes
in the tariff as being calculated njure commercial
terprse all in the belief that the government Of
the country should be sefsupporng, and that great
should be incurred in order to pay the binary
expenses government at the present time Entertaining
these views yet dcsparng OF finding majority of Con-
gress agree during this session, to scheme for the
of the present ad vaorem to specific duties the
merchants generally prepared to assent with cheer
fitness the proposed suspension of the tariff Of 1861
under which the government might obtain an increase
in the customs equal to IS 900 year
In two three years this is estimated, would suffice
pay of the treasury notes and mako up the present dc
ciency the public income. If, therefore, the Senate
and the House of Representatives will agree upon this
compromise plan i. will meet with opposition from the
public at large.
In the New York stock market there has been par
cular change since last week. The event OF the week
~
Central which, though few pretend to believe that has
been earned still, for time, seems to have exercised
beneficial effect the market. There are no great
buyers sellers in the market at present. and to the
public hears Of them. From day TO day
small parties made up by speculative obbers TO buy
this that stock and run for prost Of Il per
cent; and about hundred operators
constantly employed in selling stocks for the fall.
This is the whole business of the Stock Elk
change How profitable it must be, every
readily conjecture The movement in Pacific Mail is the
only exception to the rule In this stock the bulls have
recovered courage to up the price Thathe company
is going into opposition with Vanderbilt seems quite
certain.
The following the earnings Of the Worcester and
Nashua Railroad
Dec. lSbI........ .slO"lI 40
Dec. 1858. Observation-Disclosures. 147st 6l-s4ese 81
Jan ~. oo oo-o 80
Total increase December and January 81 GAG 10
being an increase Of nearly forty per cent
The earnings of the Norwich and Worcester Railroad for
January were:-
January, 1850. .s21 es3 80
January, 1858. IS $40 So
Increase. ss,142 a
or the Terre Haute and Alton road
January, 1859 oil IL
IL
Increase in 1859 soss2 81
We the following extracts from the report Of the
Pcnpsy lvana Central, just TO hand
The treasurers statement contains the following, which
| condcDse:-
Received IRON the shareholders in payment for stock of
the company up to JAM 1852. .sl3 24o 225 on
And from loan. 9l7l,053 So
holders and State tax coupons unpaid. 1904 as
Balance remaining credit contingent fund 1888 1853 SIS
Bonds due State for purchase of man ne 100000 90
Balance TO credit profit and loss, being sub
scrpt0ns 10 Western railroads, income
bonds, &C., the whole amounting to
Sl,io1,eo4 @........... l35,ooo 81
Total receipts $50 l6s 1857 IL
| Which bas been expended as follows
| Cost Of ROAD, engineering, land drainage,
machine shops, &C, from Harrisburg TO
Pttsburg 16,443, 1856 80
! Less profits Of road after paying interest to
stockholders up to Nov. !, 1855, credited
to cost of construction .......,....... 5s91s5 70
Total. SIS s53, $40 60
Total cost of roads and canals belonging 10
company .................... 27772,671 o.
Amount of stock Of Pittsburg, Fort Wayne
and Chicago Railroad ............. $4,000 90
Municipal and abroad bonds. ............ 5O,752 so
Bills and accounts receivable. ......... T90,5l6 81
Balance in hands Of agents ........... 2O6,g92 81
Balance IN hands Of Treasurer ....,,.. 1898 81
Total. $50 1887 II
Receipts from business Of the road for
lcoo.... %, 1880 %
Receipts from business Of the
~ ~ '''' ---,--- - IS ,2ss, 4e7 az
Transportation expenses, tolls, interest, ton
mage tax, general Office expenses, other
taxes sale Of uncurrent bonds, insurance,
&e.. .S3bI9,l19 A
Total expenses OF canals 80. 1918 81
Dividends paid stockholders. 715,3S3 90
Interests In bonds &c. ....... b93,457 s.
Surplus profit Of road and
nal for year 1858, after pay