The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-05-28
ENDS are realized on such inves tments.
RAILROAD RErURNs OF THE UNITED STATES.

This comprises the principal roads in this and the New
England States in active operation from which returns
regularly received The OF capitA invested
in any other way would not produce great returns
as railroads Some Of the railroads of Great Britain pay
as high as ten per cent per annum such the Grand
Junction. Liverpool and Manchester, and London and
Birmingham. We have roads in this country that pay
eleven per cent Many restricted to a certain per
cent and the surplus is used for other purposes. The
Lowell railroad for instance. cannot declare eight
per cent In Great Britain where the rate of interest
rules as low as two and three per cent stock paying
seven or ten per cent must be in great demand is i'm
possible to arrive at the average per cent capital invested
in railroad stocks in this country produces of
most costly roads yet have made dividend. The
Western costing than millions Of dollars has
not paid the smallest fractional dividend The Harlem
Norwich and Worcester and Long Island as yet
productive property and the capital used for their con-
struction is nomnay dead The actual average annual
per cent income Of the railroads of this country
known, until those commenced in active operation
Suffice it to say capital cannot be safely invested
than in these works of internal improvement.
meeting of the stockholders of the Girard Bank will
take place on the 9th Of june in the Office Of the Com
pany Philadelphia the purpose Of eecng Directors and
disposng other business that may before them
The affairs Of the bank daily improving The assets
are daily becoming valuable, and it is deemed neces
Eoou OIL be chosen 10
take every advantage the times may create hquidate
the liabilities Of the concern and possible place the in
suon in position to resume business early posi-
ble The minds Of capitalists becoming impressed
with the belief that there will be for sometime to come
period ofthe greatest prosperity and They consequently
making efforts to resusctate every deunct bank in the
country to help carry out and extend the general welfare
of the people We do not doubt but there many at
this moment who actually believe in the resascation Of
the old United States Bank. There are many who no
doubt believe that In few years another National Bank
will grow out OF the remnants of the old The revival of
the Grard Bank would be nducement for those inter-
esed to breathe the breath Of life into other eess inst
tutons Every OF these brought into exist
ence will help along the speculative movements Of the
day, and perhaps be great benefit, by bringing about
crisis and explosion before every thing and every
in the country is ruined by the revolution commenced
by the great regulators Of the currency We feel satisfied
that movements progressing towards the stage
OF affairs that existed in 1886 and 1897 and the re- action
must consequently be great experienced in IS and
49, The increase of banking capital by resusctang old
concerns, by creating institutions is to in
the movements Of trade until the natural course of
business is destroyed and prices and demand become OF
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