The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-06-19


Bonds at 10 year: issued to residents Of Long
Island iortmoney loaned at per cent, and
expendedn the construction OF the Road, 1926 90
BEgM sa77 ,29a %
The Receipts and Expenditures OF the road as far
and operated upon from May ls4a to May
Receipts for passengers, $4s.a4l es} sss,a, q.
The ExS Ss lssfe sr the same Dsros sSs az
Interest on n. Z. State Loan. 70 5000 90 sms.s
Interest on State of Michigan, 1905 g.
Rent to Brooklyn and Jamaica
, Railroad Company, 5000 %
For all other purposes. as ex-
Penses proper in conducting
the Road including repairs. 37,ls4 "a $b2,64l SO
Essssf sssS -
NorE.-The present arrangement with the Brooklyn
and Jamscs Railroad Company to pay $4,000 per an
until isaS or until the completion Of the road at
by the lease the Brooklyn and Jamaica Railroad Com
pany relinquishing the difference Of $asoOoper annum
until that period Alter 1916 the petion OF the
road the rent 10 to reach the named lease by
nearly equal gradation) in 1919.
The cost Of completing this road to Gree,por estma
ted by the engineer, shpman, Esq at $3.50 which
about s2 per SHARE and would make the amount paid
in $4o25 The road now it appears, with out beginning
or end more than pays its and pushed through
10 form the proposed connection WITH the Norwich
and Worcester apd stonington roads, by which the pas
saget Boston be made in hours. its will
undoubtedly increase to make it very profitable
road.
ofthe New York and Erie Railroad Company have issued
to its credos in which they soy, 'sunless the terms
therein proposed accepted they shall proceed Close
their trust by selling the road for the ben eft the cred
tors" subject TO the lien of the State for three millions of
dollars.
There existed already sufficient indignation the part
of those interested without the aid of this "circuar"
from the who have brought the road present
degraded position. After waiting nearly and half
tho,fo
its creditors in susp ense-destroy
inthe hopes Of the stockholders and the community
appropratng the earnings of the division of the
road, amounting than $l76 0O0 pay their own
salaries agents. stipendiary presses political ntrgues
and distributing to the creditors the large of $4,000
they issue circular informing the public that their
tireiuture efforts depend upon the settlement their
due by the Company.
There is far better method of reviving the work. and
until it is done, net dollar be obaiaed-not sub
scrpon raisednot shovel full of earth be removed
not debt compromisod-that is, the expulsion of the
who control the property through assignment of
doubtful validity.
The stockholders will not again elect Mr. Bowen, and
he knows it, Under these circumstances the control
road through sale on judgments in the hands Of their
friends OF the last importance them and the lien OF
the State they hope by some political ledgerde
main may be released.
unnecessary for point out cases of fraud to
charge this man that man with mism cement The
public already satisfied that great evils have existed
continue to exist and believes that nothing can be done
until they removed. y. y
Corn Trade.
Since our last report the -four market has slightly i'm
proved both in demand and price. The supplies
fair extent and the sales have been equal the receipts
sound state of the trade the confined to the
wants for actual consumption The quotations for the
closing sales OF the last week, were for Genesec 52A
$5,25, and heard Of sales OF 5lsl as for common
to good brands Ohio and Michigan IS $6l2i Ohio
fine at Siaa Sac for Richmond county Howard street
Saa Aiexandria oa so2a GeOr getown S,l2ta $52s;
for fancy Brandy wine s,iaA a ssa5; Wheat Is much
wanted and sales to some extent of Illinois made
At Boston the l7h the Tree arrival of Western via New
Orleans occasoned some fuctuation in prices but prices
were about the same as at the close of our last report
having yesterday and today recovered decline Of about
l2Ac Dbl The demand active and sales reach
10 $4,000 bbls Ohio, and in poor order Its 4s7
McConnelville Tully, steam mills &C. 5.a5 Isl Gen,
esee, closes for common brands, sS7 544, cash sales
extra Esgle" SIS iscodo s's7 SIS; So
do M;ichissn per b! ali
Flour but holders are rmsr in their demands The sales
for export amount TO upwards Of $500 bbs Is bbl
for common and fair brands Penn's and Ohio Flour.
lot of fresh ground at about sSl2} 1900 bbls City Mills
s525 per pair and so per bb are incud
ed in the above sales Sales for city $6 STAT and
poor order was sold st$4 "a $4s7S Rye Four-smalI
sales at $S,l2t per Dbl
fair but change prices 10 quote $4s S. are
the ruling City Mills sales SIS $5.s7t sus-
for the week amounted bbs and $40 hall bbis
At Cincinnati, the l4th, the flour market in
tive state the receipts were large and the demand cor
at a shade less.
rAt St Lo.. hesh, good country brands Of -four
selling ut - So Wheat selling at so 874 cents and
the demand greater than the supply.
Al Buffalo. the 18th, good Ohio -four selling at
SAL; Wheat was In demand and selling briskly at 81
The receipts of both -four and wheat were light.
The following table shows the recei2ts Of -four and
this and the preceding years.
Barrels Of Flour, s.cM 1924
showing balance in favor Of Of more than soooo
Annexed give table showing the receipts BuHa
To- for the last three years up to the 18th nsan Flour
and Wheat from the opening ing Of Navigation =
ss,,s: E wS.s s:s
The receipts for this year have forward in sixty
days less time than last year, and twenty-five days less
The winchester (va) Republican OF the 9th instant
ssysin passing up tn. line ?, rsr1ss; few day;
stock such as horses attic hogs had been turned in
upon large field of wheat which they were harvesting
with untiring industry, We have too mech reason to
harvested in the way weare satisfied that the
mentioned above was more forward than many Of those
in it, neighborhood il true that brighter prospects
thouyhtto be before as some month e;
bat alas we fear they arc to be entirely blghted As
TO looking Tor an average wheat crop, are sure but
few If any, think of such a thing. The unprop.ious
season. with the rsysges Of the hy the only way to
fertile no doubts"
This undoubtedly ]: the case at the South. and in
quence of the diseases that generally rage in those dis
trics which, will materially destroy all attempts to
raise this CROP but at the West, have before stated
and sdvces still confirm assertions; the crops
wllfno only be extensive, but enough and above
last years crop make for the short crops part
of the country.