The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-08-12


comparison OF prices current at the close of the
market yesterday with those ruling at the close Of the
previ.us week, exhibits advance In U 6s 1887, Of
"a per cent, Reading Railroad q, Erie Railroad "a Long
Island Il, Canton Company y, Morris Canal y, and
decline in Farmers Loan OF . per cent, Arlem u,
Reading bonds l.
The receipts at the Office Of the Assistant Treasurer
Of this port yesterday united to s1o3o77 40; pay
msnts. s7ee71 f7-saisncs, s54227p 80.
There were rumors In the street yesterday, to the
eject that another large produce house had suspended
payment The liabilities represented to be heavy,
and large Losses depreciation In prices for pro-
duce generally the of the failure II IL the i'm
preston In the street that the effect OF this and the
suspension announced few days since viii be very
disastrous throughout the West
Counterfeit land warrants have mate their appear
snee In Wall street They imitation OF the
rcd check letter sheet and purport to have been re-
certify sued People should be very careful who they
purchase land warrants Of
The value Of foreign dry goods entered at this port
for consumption during the past week 81 COZ oe6
entered for warehousing, s3I7,7et; Withdrawn from
warehouse s2i0532.
The wheat crop Of four Of the largest grain growing
states in the Union-Indisns, Michigan, Ohio and
Iows-is tsid to be equal in quantity and quality to
that Of any preceding year II IL estimated that the
surplus crop Of Michigan will be more than double the
largest yield ever produced In that State
The most successful teiesrsrhc lines In the country
are those known a. the o'Reilly lncs." Most Of
them have the start paid large dividends and they
managed more the benefit Of the stockholders
at large than for any individual vhe may happen 10
have the control cfthe financial aud operating officers
Of the company. The Pittsburgh, Cincinnati and
Louisville Telegraph Company have Just made re-
port Of lie earnings and since lie Organise
ton II Appears from the treasurers statement that
the company declared nine dividends up to April I,
1880, In the aggregate amounting to $4,000. That
sl2eso have been retained pstentees Invested In
notes under security sl2oooi and private stockholders
$3.50 The total cash receipts during the year end
ing December 81 1s4e we're s7s3st o. and the total
dbursement $50 esvnss net balance Of s2i 500
| So During the same year four dividends we're de-
cisred-two Of three and t~o Of four per cent cash
amounting TO s2s Oso there being balance on hand
January L. 1s49 Of 81 5s7 6s. OF the total srpend-
tore. for the year s49 s2s 3l5 10 for repairs s
isries rents ko; and the Of $500 Is paid to
| other lines with which this line 10 connected.
Tho burmese from the 1st Of January last to the ls
Of June been the usual average the total recep"
for the Eve nths being i52l H. paid TO connect
ing lines go 5ts a. and expenditures silI3G 10 leav-
ing net balance Of 226 II. This company was or
raniged one year ago under charter granted by the
state Of Indisna; and during the year the line hes
been in good working order With very slight Interrupt
lions.
/ The receipts Of the Macon and western Railroad
Com pany for the month Of July amounted 10 s14T65
Of; corresponding month last year, $1,000 I2-in-
crease for the month this year s3si7 TO- Az soon ~
the heavy track Of this road s laid win be o.
| the best roads in the country. q
The dsslss,ep Of thsla,e chief essk ofths Western