Delaware State journal and statesman., 1861-11-26

Philadelphia and New York, 900 P. NJ.
Unonvile and Kenuett Square, i2.3OP. M.
Henry Clay, 1000 A. M
CochranVile, on Monday and Friday, 1000 A. NJ.
A. IL. GRIMSHAw, Postmaster
Other papers please copy.
COSDITloN OF THE PHILADELPHIA, WILMlEO-
TON AND BALTIMORE RA1LROAD.-The following
statement of the condition of the above railroad
has been forwarded from Boston, where this
stock is largely dealt in. The Boston authority
says:
" When the rebellion broke out, the Whining
ton was doing us a business under the manage
ment of MIR. FELTON, as would have made il n
regular per cent. stock, after certain improve
ments aud expenditures had been met Since
that time IFS earnings have increased very much,
from the Government and other business which
bad been heaped upon il. In October alone, the
increase was $50, 1000 over the earnings of Oc-
t0ber 1850. November bids fair TO show an
equally handsome gain. Whether the war be
long or short, Washington cannot but be great
military as well as political headquarters hence
forward, mud the Wilmington is therefore sure of
Il large business, far surprising that which il
enjoyed before 1861, but which really netted q
per cent to the corporation. But the bare DOS.
sihility that the rebels might occupy Washing
ington aud menace Baltimore has greatly de-
is
only as these fears have been vanishing that the
stock has rapidly advanced. We like to talk
plainly and see no reason why we should not
do so. II our views are incorrect, they will fall
to the ground. We never stop for nsinuations
We consider Wilmington worth par 1850 ner
share,) for the reason that it is 10 good order.
is well managed, has a moderate debt, prOyided
for by sinking fund, and is earning ten to
twelve per cent per annum. 1t may safely he
assumed to pay $4 per share (eight per cent.
hereafter, and in this view we cannot perceive
why it should not sell for as much as the North
ern, that pays Si, or the Eastern, That pays 81.
There is much more probability, just now, that
The Wilmington will pay moro than S4 than that
the Northern and Eastern can increase their
dividends Our plain inference is, therefore
that, although Wilmington has advanced rapidly,
il is yet very cheap, in view of it's condition,
management, profits, and security from damage
by treason"
DELAWARE BABK IN ScoTLAND.-Dr. Pretty
man, our consul TO Glasgow, Scotland, writing
from that place under late of Oct. 81. says:
see lying on the quays in Glasgow. hogs.
heads OF Bark manufactured by our good friend
John A. Hazard, OF Milford, Dell The con-
tents of one of those hogsbeads probably bring.
the Delaware farmer seven dollars here thev
sell for 500 Delaware staves worth ten doilars
in Milford nre landed 10 this city and sell every
day for 500 Why shall we not make the effort
10 bring this market nearer to us ?-The Morrill,
tariff IS designed for this very purpose and il
will accomplish it if our people have sense
enough TO maintain it in spite of the clamors Of
British manufacturers and American traders who
live and make fortunes by standing between the
producer and consumer of our agricultural pro.
ducts. What goes with the eighty cents lif
ference between the price of q bushel of corn in
Glasgow and the same in Milford The COM
mission merchants, shippers, weighsrs and gau-
gers, inspectors, SC, a., pocket it and cry out
against the Morrill, tariff to enable them to con.
tnue to do SOL British manufacturers and
traders are daily crying out against the Morrill,
tariff because il hurts their trade and so it does
and SO it ought to continue 10 do until our trad
ing is done at home and the markets at our own
doors are greatly enlarged and improved. 1t is
both the duty and the interest Of the American
agriculturalists to sustain the tariff policy now
happily inaugurated, to the bitter end.
ADMINISTRATOR v. Rice and joseph
| W. Day have taken out letters testamentary on
the estate Of the late John Rice.