The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-17
css.:s 1909 lbs. ooas:n 1885, hams ,sssl; butter,

cherse 1903 lbs; goldfish 1885, hams 1871; butter
s. tsor s4ss S' fry beef Fl, hs 200 i scn,
bbs corn bushels butter 4ess lbs; oats 400 bush
els rice SO 954 lbs meal 26o bbls lard SAC lbs oheee
1850 lbs; rye hour 80 bbl' Live sook-CoSs a; oxen,
To Danish West I1dies-Bsef 4l2 bbls; peas, 100
bushels, bread 260l lbs; meal go puncheons; meal
2OS bbls hams 4l4O lbs lard, 4as lbs four 525 bbs
rye -four, 80 bbls
The aggregate shipments Of -four for the week was
lss bbs; meal os bbls aud corn 42554 bushels
Thers large orders in the markets of this country for
shipments of breadstus to England; but prices In this
and other markets rule high that these orders
be filed and the prospect is that they will not the
domestic demand for bresdsuI Of all kinds being suf-
ncien to sustain prices until the resumption Of rsv
cation In the spring.
In our remarks relative to the payments on account
OF interest dus the bonds of the State Of Illinois,
stated that per would be psd about the LIST Of
February bonds, to the amount Of 50 200 900. We
have since learned that such Is not exactly the case
the dividend will not be SO large stated II APP
pears that by law the dividends payable the lst
Of January and LIST of July in each year. three semi
annual dividends have already been msde.he LIST In
July 1916 Of SO 23 the second in January ls47 of So
49, and the third the st Of july le47 OF ST. all OF
which paid on the coupon OF January lot, 1912
The first two payments the proceeds of tax of
mill upon the taxable property OF the State and the
third payment In part of the proceeds of
and half mill upon the taxable property of the State.
1t is estimated that this tax Of ons and half mill
will amount to $l20 $40; Of this amount, sos 500
were received and divided bet wesn the holders Of
s9a7OoOO of the bonds Of the State equal to 81 upon
bond Of $1,000. The remainder Of tho amount, say
is to constitute the fund for the payment Of the
fourth present January dividends the Legislature
of Illinois, at Its last session. passed directing the
Governor to issue bonds the holders of certificates
indebtedness formerly issued by the State for internal
improvements and for the construction of the canal
which bonds should bear interest from tho date the
certificates and be entitled to share pro rata in the
cseds Of the mill aud half tax The amount of these
bonds Is not known here but account Of them daily
expected from the Governor, when the amount which
may be received be apportioned and paid to tho
holders Of all the bonds Of the State excepting those
Mscallister s. Ssebbins The amount of money already
received is less than OOO but the
Of bonds is known upon which tho $4,000 to be paid
the apportiopmsnt will be made and tho
menced by the agent Of the State at the American Ex-
change Bank.
The fou,th dividend will be than the third for two
First, than half Of the proceeds of
the tax RENTED and appropriated to the payment
Of the third dividend and second the issues of bonds
In ls7 to be added to those upon which the third
dividend paid The sos, 900 would pay . dividend
Of less than six dollars each bond, provided there
increase in amount Of bonds since the third d.
vidend paid but that amount will be increased
the dividend of course will be less but how much less
not at present able to tell The bondholders
will see that the amount the present dividend IL not
because Illinois is not doing all she promised to do but
for the satisfactory above given. There
no but that the Illinois and Michigan canal will
bs ready for use entire length uponl the opening of
navg in tie spring The from this impor-
tsnt work, and the proceeds Of the sales of canal lands
August will reduce the Indebtedness Of the State
rapidly and enable the Tr-asuryto pay larger dividends
easily than those now paid from the tax the
property Of the State