The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-17

Total. ~ 500, III
This is very heavy aggregate. The average thus faI
this year has been far below the above total Much the
largest portion Of the imports last week composed
miscellaneous articles, dry goods forming smaller POI
cent than usual The leading items Of import during the
week were as follows -segars, 500 1876 Coffee $685. s4l
earthenware, $S3776 oranges, SAL furs, $40 7O2
undressed skins, Sis, 766; iron, $Ss,e47 pig iron
$41 169 railroad iron, $50 800 cutlery 1888 hard
ware SOC 4O6 lead, $46 1O3 Steel SAL tin, $l42,
SOL molasses, al, 45o; whale oil, $1Se ,327 sugar
s4l4 o7e, tea, $780, 1881 watches, 1884, 1t will be
seen that the aggregate is made up Of pretty large
items,
We stated few days since that the Michigan Southern
and Northern Indiana Railroad Company had determined
upon issue Of stock equal in quantity to twenty
five per cent of all existing issues We the reso-
luton Of the company companies TO that effect
Resolved That new issue of stock be made, equal to
twenty-five per cent upon the amount Of all existing
stock of the Michigan Southern and Northern Indiana
Railroad Companies that the be issued in the
portions of three shares Of Northern Indiana to share
Of Michigan Southern Railroad stock that the same be
distributed equally among all the stockholders Of both
companies who shall be such the morning Of the FIRST
day May next in proportion to the amount Of stock then
held by them respectively that said stock be issued TO
the stockholders at and the payment for the be
required TO be made at the Office Of the company in the
city Of New YORK. folows25 per cent the 10th day
of May rs per cent the 10th day of june and the
lance the LIST day Of July next, with liberty to any
stakeholder to pay or in full previous to said dates
that interest said be allowed at tho Of
per cent per annum until the LIST day OF July and
after which date stockholders who have paid aforesaid
will receive certificates of said stock which will be there
after entitled to receive full dividends equal any the
existing stock. Stockholders who do not signify their
payments thereon required will be deemed to have
forfeited their right to the Parties entitled to
fractions Of share will be allowed to make the full
These Western railroad companies are continually
creating stock and these days they will
than they manage. Our railroads never
completed and companies which at first good dvi
dends ultimately get much stock that they pay
none at all.
The Blue Ridge Raroad-an enterprise of great i'm
portance to the Southern and saess
in the course of construction This road IL is intended
will furnish TO the Western States ready to
Atlantic port and make Charleston channel through
which vast transatlantic trade must be contaminated
It will deyelope section of country of almost ncon
ceivable agricultural aud mineral wealth. and augment
almost every branch of Southern and Western trade
The Blue Ridge Railroad ntcrsccts the Columbia and
Greenvlle Railroad leading to Charleston at Anderson
s. Co. and terminates at Knoxville, Tenn At Knoxville
1t will be met by roads penetrating almost every section
OF the Western country. From Clayton, Georgia,
point on the Blue Ridge Railroad to Atlanta point
the Montgomery and La Grange Railroad, a route has
been projected, and charter granted, leading through
the Hiwassee valley and furnishing the direct line
from New York to Mobile New Orleans and the Gulf
ports, via Richmond, Va Salisbury N CT Chesterville,
Newberry and Anderson s CT and Clayton and Atlanta,
Georgia. road has been chartered from Anderson
the eastern terminus of the Blue Ridge Raiiroad-to
Aiken, s. c. which, when constructed will render the
route leading from tho West TO Charleston still
direct the curvatures Of the Columbia and Greenye
road will thus be avoided II will be that the Blue
Ridge Railroad is destined to become trunk avenue
connecting the mighty West by short and cheap route
and with Charleston as its Atlantic port The last sub
scrptons to the Blue Ridge Railroad thus far amount
TO 100000; Of which the Tennessee State,
county and private subscription is 81 000 and South
Carolina State, city and private subscription 81 600
although we may state In conjunction with this fact
that the citizens of Charleston who are deeply interest
ed In the completion Of this road, have not yet, we
understand, been called upon TO subscribe. The Blue
Ridge Railroad is 1914 miles long and Is being construct
ed by Messrs. .'nson Bangs o.. well known and
se'sfal cppiIsf'or, Se sVpgAlglst9 or sogtbg