The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-01

about ten thousand shares Of the stock Whether they
have exempted themselves from the payment Of the one
dollar per share upon what stands In their names We do
not know, but II they have the finances Of the company
will be in . worse plight than have reprsssntsd
This board Of trustees has any report Of Its
doiDgs and II probably will The interest they
lave in the company obtained the most favorable
terms, and they have therefore not 80 much to
may sppt in the event OF wreck Of the
Those who have been induced to purchase the stock by
msrepresen taons, at high prices will be the greatest
sufferers and It is full time they took the control Of their
own affairs into their own hands
Az for the mineral property OF this company We be-
ieve 1t is fully valuable Represented The IL
abundant, and easily worked and in proper hands,
might be made productive In the hands Of these who
profess to work there be nothing but losses
and disappointment. 1t Is than two years since
this company was formed, and from the time the pre-
rent trustees administering its affairs has
been getting daily deeper and deeper into difficulties.
IT. after such exhibit the stockholders do not take
decided action In the matter at call meeting In
vesgate thoroughly the dongs Of this self organized
board Of trustees and place In the management who
have ct least knowledge of the business Of mining
and the confidence Of the mining interest generally
have more to say We have done duty in calling
their attention to the matter and there We leave 1t for
the present.
The current Of investment now turning strongly to.
wards factory stocks which are beginning TO hold out
brilliant prospects in the way Of dividends very I'm
portant change In several branches Of the
business has been going during the last six months
The demand for domestic good has increased greatly and
prices have advanced sufficiently to yield handsome pro
FITS This fact which beginning to be realised Ia tho
community furnishes key to the present in
factory shares The truth Is that alarge majority Of
manufacturing stocks selling at prices much be-
low their real value can be easily demonstrated BY re-
ference to facts and figures. The Bay State Mile for
half IL,
shout ten per cent below the par value will for
the current business year full ten per cent net and psy
dividend in February next Of not less than per cent
500 per share who for the ensuing year the business
prospects Of the decidedly better The Mills
stocked with than years supply Of wool the
advance which alone comparing the cost with prices
ruling would be about equal to the respectable
Of 5000 GOO. The Amoekeag Manufacturing Company
shares with the prospect Of semi Snnu. dividend Snt IN
cent advance while Hamilton and Massachusetts, with
probable dividends Of four per cent nearly at hand
apply to many other companies. which We have not
space to mention in DETAIL but the arguments in favor Of
fer to the prospects certainly most brilliant and
encouraging.
The land stock companies of appear to
be getting in bad repute The Boston Courier has the
following paragraph in relation to the Essex and Cary
companies -
One Of the most remarkable "dvidends Of the day is
that proposed by the Essex Company Tho annals OF
diplomacy can hardly produce its equal Out of the
whole CLOTH the Essex only to make dividend
$3.50 0oo BY fsddling debt Of the like upon the
machine shop, e. portion Of the present property
which It is proposed to divde would be much better
corporation and divide ill., in cash. II it
should amount to but dollar per share Stock job
in debt is far from being conservative The Gary Land
stock which cost originally but $21 per share, now
. lottery
few rich ut the expense Of m skng the many poor.