davidaulloa/AmericanStories huggingface dataset:
Grass Valley telegraph., 1854-03-09
Mammoth Company and mammoth Steam.
boat Monopoly.

boat monopoly
From the City papers we learn that the
proprietors of most all the steamboats, run
ming upon the interior waters in this State,
have united in grand Joint Stock Compa-
ny, the object of which, is undoubtedly the
monopoly of the entire business in California.
With stock of S2,5OO.OOO, they will be able
to break down all opposition: after which,
it will be in their power to regulate prices to
suit their own convenience. This, they will
undoubtedly do What else could be the OBJ
iect of such a combination? AS proof. they
have already established their rates of passage
at 81 deck and $40 cabin from San Francis
co to Sacramento freight will be $Sper ton.
From San Francisco to Marysville-passage
$40 deck-and $12 cabin freight, per ton,
SIS, and $12 measurement. From San Fran
cisco to Stockton-passage 81 deck and SO
cabin; freight, Sc per ton.
Should they meet with opposition. they
viii doubtless End ii to their interest TO put
down the rates SO low that no ether company
Will be able to outiiye the competition. Al
ter crushing all opposition. should The com
pany see proper to raise their rates, even
above the present exhorbitant standard, they
/ win undoubtedly do il. "They have the pow
er'' and in the disgraceful language Of a Ger
tain California Judge; "by Cd they'll use
it." That is, provided they are permitted so
to do. On this subject, the Sacramento Union
says =
I'VE have now stage and steamboat combi-
nations. embracing the whole State, and pro-
bably we shall next have railroad and tele-
oranh organizations Of like character. Such
gigantic monopolies will be able to crush all
Competition. They are instruments of tre-
mendous power, and may be rendered of vast
advantage to the country, or may become
agents OF the most grinding oppression. We
trust the former will be the result, but who
can now estimate the colossal power of this
great company twenty or fifty years hence?"
Now, it is not to be supposed that philan-
thropy has had anything to do with this COM
bination, and consequently, the good of the
people is not so much to be considered by
them as the good of the company, therefore.
as double the value of passage and freight
money taken by them, will add to their trea-
sury in proportion resting in their security
They will not hesitate in taking it, the inter-
ests of the people to the contrary notwith-
standing. We very much question The ad-
vantage such mammoth companies will ever
be to the State, says the Union, and in ''no
othor counfrv huf thic oouId uch a DoonCfrouC
combination be formed neither could it have
been formed in any State where a general
law governing corporation did not exist"
Believing it to be the interest of our citi-
zens generally, that such extensive monopoly
privileges should not exist, we would sug-
gest to their thoughtful consideration the pro-
priety of Legislative enactments to the fu-
ture prohibition of all such combinations.
Grass Valley telegraph., 1854-03-09

THE RAILRoAD.-A correspondent of the
Sacramento Union, writing from New York.
Feb. 5, says the rails and other fixings of the
Nevada Road, were being shipped for San
Francisco. If this be SO, the fact proves that
Col. Wilson is wide awake for an early COM
mencement of that important enterprise
Now that Marysville has entered the lists in
earnest, the Capital City of the State must
look out for her laurels. Nevada wins!
Grass Valley telegraph., 1854-03-09

III We are under special obligations to
Mr.. Meyer, Brothers periodical depot in Grass
Valley, for Harpcr's Magazine, Arthurs Home
Gazette, besides several other valuable pa
pers and periodicals. Meyer Brothers have
now on hand a very pretty assortment of
Books, Stationary, &c.
Grass Valley telegraph., 1854-03-09

EAGLE CoMPANY.-Mr B. F. McConn. fore
man of this noted company, informs us that
they took out of their claims, located on Gold
Point, twenty-five hundred dollars, the pro-
ceeds of the work of twenty hands in four
and a half days.
Grass Valley telegraph., 1854-03-09

San Francisco PUBLIC LEDGER.-This pa
per is now no more. During the last week,
its last number was issued in opposition to
the election Of q. S. Senator, this session.
previous to this, the Ledger had continued
Jealous in support of Mr.. Broderick and cleo
tion
Grass Valley telegraph., 1854-03-09

SQUIRREL CREEK-Miners are averaging
from So to SIG per day to the hand in these
diggings. Mr.. E. B. Jackson informs us that
his company are realizing about SIC per day
to the hand.
Grass Valley telegraph., 1854-03-09
~ We see hv The Ne

~ We see by the MarysviIle papers, that
General Gilbert E. Winters, of that city. has
been elected Mayor. AS Gen. Winters is n
member of the craft, we feel confident that
ne viii make good impression upon the COM
munlty which he has been called upon to
serve, and after the expiration of his term of
once. his successor (if any may indhis ac
counts well adjusted and his proof without
an error.
Grass Valley telegraph., 1854-03-09

rs That excellent and spicy sheet, the S
+. Sun, is strenuously urging the propriety
and necessity of House of Refuge, in San
Francisco. 1t is undoubtedly benevolent
and praiseworthy object-in the accomplish
ment of which, we wish them success.
Grass Valley telegraph., 1854-03-09


Or equal to II per cent. per month on the
capital stock of $4,000.
At the annual meeting of the stockholders
of the company, IN September, 1853, the fol-
lowing officers were chosen for the ensuing
year.
President, J. E. Strong, Sacramento; Sec
retary, FL. R. Hawkins, Auburn Treasurer,
B. F. Hastings, Sacramento.
Directors Forman, I. NJ. Hubbard
V. E. Geiger, Sacramento ; H. Davis, Neva-
da; Geo. Wood, J. Winchester, Grass Val
ley; William Gwynn, II. 7. Holmes, Au-
burn.
Grass Valley telegraph., 1854-03-09

EARTHQUAKE yesterday morning about 4
O'Clock, very slight shock of an earthquake
was felt by number of persons in this city.
1t was nothing more than an almost imper-
ceptible trembling of the earth-[ San Fran
CISCO Herald.
Grass Valley telegraph., 1854-03-09

MIR. Geo w. Woodwork is regularly au-
thorized Agent for the TELEGRAPH" both in Grass
Valley and surrounding country. He is empowered
to receive subscriptions and advertisements for the
Office also to make collections for the same in any
portion of the State.
Mr. Thos Boycc is our sole Agent for the GRASS
cred to receive advertisements and receipt for the
same All advertisements left with Mr. Boyce will
receive prompt attention.
Grass Valley telegraph., 1854-03-09

ExPREss NOTICEs.-To Adams & Co. we are
indebted for the Express Messenger; also for
several other Atlantic papers also for the
Melbourne -Argus, Oregon papers and Cali
fornia papers generally.
Grass Valley telegraph., 1854-03-09

Gs- We are under obligations to Wells,
Fargo & Co., for full files of Atlantic and
State papers; for regular exchanges and for
sundry other little favors, for all of which we
are much obliged.
Grass Valley telegraph., 1854-03-09

rs At the time of our going to press, the
weather is beautiful -muchO 6uegO- as warm
and mild as mothers blessing, and no mail
steamer in yet.
Grass Valley telegraph., 1854-03-09

LAMBS RAFFLE.-We would call attention
to the advertisement in another column of
Lambs fourth Grand Rattle in Grass Valley.
Grass Valley telegraph., 1854-03-09

G. Ohateaubriand says, "In new colonies the
1panlards S begin by building a church
aa,s nne1cn !, oall room-and the English a tay-
Grass Valley telegraph., 1854-03-09

The sum of six thousand dollars was reeeiv-
ed from the visitors to the Great Republic,
before she was burnt
Grass Valley telegraph., 1854-03-09
RELIGIOUS NOTICE.

Rev Mr. Tansey Of Nevada, viii preach. at the ded
cation of the Methodist Episcopal Church in Rough
Ready, on Sunday the 12th INST. at 1O1 oclock A. M
JOHN B. HILL, Pastor
Grass Valley telegraph., 1854-03-09

be cheerful oo''' anu
Grass Valley telegraph., 1854-03-09

BoID RoBBERY On Sunday last. aChina-
man, whilst in the Store Of MarteiI Il Co.,
thinking himself unobserVed, went to the
safe and took out purse containing $4,000.
Mr. Martell, however, happened to see him
behind the counter when he ran out, but was
caught near the door. The money was not
found on him, but was thrown behind bag of
potatoes by the door as he was going out.
Grass Valley telegraph., 1854-03-09

BRooELYN, (oR RED DoG.)--W learn by
ar, G Stolp, Of Stolp's express shat the
mines IN that locality are doing g fair busi-
ness Mr. Joseph Cayry, came near being
buried alive by the eaving in Of The banks
in digging him out, he received considerable
injury from blow of pick in the shoulder.
The Miners at Little York are reaiizing
good pay for their work
Grass Valley telegraph., 1854-03-09

The STREETs.-The attention of the Road
Commissioner Of this town is called to the
condition of that portion of Auburn Street
adjoining the Bridge, which the late freshets
rendered impossible, and is now temporarily
covered with slabs, dangerous both to ami
mails and vehicles. Also to another portion,
further on where the road has been so sluiced
away as that teams have been unable to pass
for many days. Stir about, Colonel.
Grass Valley telegraph., 1854-03-09
I. o. o. F.

Grass valley Lodge, No. IA.
INSTITUTED 2Sth July, 1858, meets every THURS,
DAY night at MASONIC HALL, Main street
Brothers in good standing cordially invited to
attend E. MCLAUGHLIN, N. G.
THOMAS BEATTY, RS.
Jan. &C. 1854. .1o+f
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08
FINANCIAL AND COMmERClAL.
n o n Il Y N A n X h II.

The European news has had effect upon tho stock
market, either Of favorable unfavorable character
But for the encouraging accounts from California is
possible the depression in the produce markets Of
Britain, and ssringency Of money matters would
created greater desire to sell and more stocks have
been offered The that about three millions
Of gold dust on its way from California gave slight
impetus to the fancies, and strengthened the views
Of holders. From Europe the adyices are far from
being satisfactory consols sustained at pre-
vious quotations; but the money market was steadily
tightening, and trade particularly duh. Our two
great exporting staples inactive at lower prices
and there appeared to be q growing distrust In
the future. On this side there ID more confidence
and the future appears to Spectators bright enough
Fancy stocks find purchasers almost any tme. At
the first board some Of the fances in demand at
better prices while others much neglected and dc
pressed Parker Vein was up about J. per cent. Con-
siderable excitement existed In the street. and tee
graphic dispatches from Cumberland were flying about
pretty freely The election which was have been held
yesterday has beenpostponed 10 Friday tho 9th inst
Holders Of proxies not allowed To vote on Them
unless the certificates produced. This difficulty
has been obvated BY sending the cercaes as required
and the election win probably on At the appointed
time is reported that forty thousand shares Of stock
have been issued, representing capital Of four millions
ofdoArs The certificates Of stock say that the author
Eed capital 10 three millions Of dollars and we do not
see how an over issue Of million has been made II
is pretty certain that there Ia legality in such an
act II lie supposed thatthe party in power, upon and
ing Themselves In tight place in this election have
postponed H. TO enable themselves TO take In their
stock at low prices. Large sales made few days
since, sellers option, at ten and fifteen days and tho
shorts which are IL Ia believed the party power are
anxious to get In enough for delivery before any
change s made in the management-hence the delay and
difficulty experienced at Cumberland. The refusal to
permit holders Of proxies 10 vote without producing
certificates s 80 unusual occurrence that It created
great deal Of excitement among holders Of stocks and
II was openly and loudly denounced az contemplate
bubble. The end Of this Il not jet; and II change
IL made In the management, shall doubtless have
some rich Developments. Cumberland coal took new
ard strong start to-day We fear the bears have not
looked deep enough into the affairs Of this com
pany before entering upon tho hazardous game
they are engaged in. The shorts are likely
to be seriously bled In their old contracts,
Notwithstanding which they continue 70 put out new
ones Unfortunately. The returns showing the daily
receipts Of coal during the past week, must satisfy
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08

October Ga 27e the present s.ount Il ara M
O0z-inersase v16b, 726. The amount Of eronistisr
October &c. la2; the present amount IL "A ~
01e-shovfng decrease Of q, oca4la
The dry goods trafc II without essential change m.
supplies Of goods continue moderate, and generalo
an undesirable quality while the wants Of buyers have
been nearly all satis6ed There Il only limited and ir
regular demand estant for really choice articles;
these rather sparingy offered and realise the best
prices being needed by the retail trad, who have
cured ample stocks Of other productions through tho
auction rooms very favorable terms bat have not
been able to buy much Of standard popular ares,
except at full prices in which way they have been in
hurry to DEAL they considered 1t - prudent and
profitable to purchase choice fabrics On such
conditions according they stood in need Of them, an6
not Had they acted otherwise, it would have
been difficult to prevent dearth Of desirable con,mo
dites and material increase in the value OF the
As is these and dear enough are We apt
to any change liz this branch Of the business TO
tice for some weeks hence. r
Brown and bleached sheetings and shrtings are mot
over abundant but being rather sparingy inquired for,
they display very little mness buoyancy far ~ re-
laes to prces Denims saleabe and steady, being
scarce Drills in fair demand at full rates. Cling.
hams and lawns pretty freely dealt in at former quo
ations Osuaburgs less active but not lower The
supply il moderate. Printing cloths dull and heavy,
though unchanged in value. Prints nanimate and
hnguid Stripes and ticks without improvement in
any respect.
<nf
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08
Total $50 600 ~ 800 492 $50 III 10 40 oo2 III os

Total $50 600 ~ 800 A92 500 III 10 go oo2 ~ ois
Due from other sks ss543 Due TO other bk' " 6si
In relation TO these return the Boston says
The abstract exhibits the average Of the principal as
sets Of each bank, under the three heads OF dis
counted paper, specie, and balances due from other
hanks, including bills aud cheeks and the liabilities
under the four heads of capital paid in smounts due
to other banks deposs and circulation The two Items
Of bank are additional To those required In the
returns Of the city banks a New York
No returns bng the condition OF the banks Of the
have been hitherto made for many years
past except once In year. and those At irregular Pc
Rods usually at date 30 long passed by TO be Of
tic practical The latest Of these bears date the st
of October The number Of ba INKS in the city at that
time was thirty FIVE Of which the Cochtuate, has
been recently put under permanent injunction and
qured to close ita operations and has consequently
made return Two new banks, recently incorporated,
the Broadway, at South Boston, and the Eliot have
been since that date added 70 the list.
stock 10 the amount Of ,000 and much larger In
crease by the enlargement Of the capitals OF the old
banks by authority Of the legislature amounting In all
10 So 317 Goethe amount paid In the LIST OF October
exclusive Of $3.50 900 by the Cochtuae BANK amount
ing 10 $27 OIL COO Notwithstanding the above named
increase In the amount Of stock paid In, the amount Of
loans and discounts Is increased at the present time only
TO the amount Of $40 4oT.
The amount specie returned by the thirty four banks
In October sac los; amount OF reduction shown
by the present return, f49,sss
The amount In October due from other banks was
s334 331 the amount returned Is IS s4s show
ing increase Of IS 4o SIT The amount due TO other
banks In October So 2Ib the amount due at tho
date Of the present returns 65l $780, showing dim
mutton Of 81, 4t5 $50.
The amount Of deposits Of the thity.four banks in
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08

Woollen mar ufactures have not varied There Is no
demand worth mentioning for blankets, which are duh
and dropping Cassmeres moderately active, while
cloths quiet and aannels neglected at our pre-
vous quotations. All are in fair supply Jeans and In
seys sell rather slowly but they not very plenty
they remain steady Muslin de LANES without any
alteration The spring trade Is over, and no
renewal Of active operations anticipated for month
or six weeks vet In the meantime factors neglect not
to prepare the autumn traffic. and from present ap-
inclined to think that this viii be REM
dered safe and lucrative possible by the prudence
Of merchants such change il greatly to be de-
sired Satines and tweeds previously represented
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08

We doubt il there is a road in the country that win
exhibit larger per cent Of increase in the time
The treasury notes outstanding on the Sd of June
amounted to Of which $los 5ll of issue
prior TO Odd Of July, 1s46
The annual meeting Of the stockholders of the Chesa
peake and Ohio Canal took place at Washington the
9Th inst, in the chamber of the Board Of Aldermen
George II. Smoot Esq, of Alexandria, presided Upon
calling the roll majority of the stock duly repre-
sened Ex-Governor Grason, president read his report
which . review Of the endorsements and Difficult
ties which have attended the canal administration for
several years; some suggestions were made, which,
however, have been generally anticipated from
time to time The appendix Of receipts expenditures
for the past year not yet ready but win probably be
forthcoming in some ten days hence. This is anfor-
tunate, for the numerous persons well corpo-
ratons interested in this important enterprise,
anxious to have full exhibits at this meeting. Colo
mel Price, Of Cumberland, Nd, presented
letter from Robert w. Latham, Esq rendering his
vices president Of this company Mr. L. proposed to
year without compensation; to visit every
point the line month, IL health permitted, to
increase the tonnage and reduce the expenditures for
felt Ooc This laid the table. It is said that
the house Of latham Co. has upwards Of 500 600 in
the canal The meeting then proceeded to the election
of President and Board of Directors for the ensuing
year. Samuel Hambleton OF the Eastern Shore Of Mary
land chosen President, and the following named
gentlemen observation-disclosures Bruce, of Anegany
ty; William B. Clarke Of Baltimore; A. B. Hanson, Of
Frederick; james Fitzpatrick, Of Aegany Robert Was
son, rof Washington county and George II. smoot, Of
Alexandria, Va It resolved to the Office Of
the Canal Company to Cumberland, Nd prac-
tcable. The salary Of the President fixed at 500
per Adjourned to meet the second Thursday in
July, at their Office in Washington.
The earnings Of the Michigan Southern and Northern
Indiana Railroad Company for May we're
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08

HYpRoPHoBrA IN MissouRr.-From the Occidental
Messenge,. we learn that James Stallcup, Esq, a
worthy Citizen died on the morning OF the 10Th nit.
OF hydrophobia. He was bitten by dog some ten
weeks since, but retained his usual health up 10
Wednesday preceding his death, when he was taken
ILL., and Tor thirty six hours suffered all the horrors Of
ma.spess, when death closed bic mieeries.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-08

ANY one that the company 10 earning grjst desl Of
money. Coal sent down--May 20, 1,18l tons; ooth,
l,l47 DO; alr, lslo do; June ], lia4 Do I'd, 1855
do; 3d. 1905 do. Total lilo tons-the largest amount
sent forwardn single week, and u average Of
1856 tons per day. This company 10 certainly fast
making good its promises to the production Of their
mines. The President gives satisfaction to the stock
holders and by his energy and activity approaching
the value Of the property and the value Of the stock
Tho directors chosen the 9Th constitute strong
board of management.
The nstalmen OF $500 000 Of the loan negoti
ated by the Delaware and Hudson Canal Company last
fall, vas paid on the lst~nst.
At the second board the market very well sustain
ed, with but moderate sales The arrival Of the steam
ship Arctic, from Liverpool announced at early
hour but she brings but days later intelligence,
1t had visible effect the markets The advance in
consols to 90 eoss must give greater buoyancy to
operations at our Stock Exchange.
A. H. Nicolays semi weekly auction sale Of stocks and
bonds will take place. usual to morrow, Thursday)
at half asst twelve O'Clock at the Merchants Exchange
The Citizens Fire Insurance Company has declared
dividend Of ten per cent; the Commercial Fire Insurance
Company, four per cent.
The Shawmut Bank, Boston, has declared an extra
dividend Of eight per cent from the surplus profits pay
able June 20. The capital stock has been increased
$3.50 000 payable at the time and every holder Of
two old shares is entitled to share at par.
The receivers dividend Of the Commercial Bank Perth
Amboy, is thirty per cent.
The receipts the Office Of the Assistant Treasurer at
the port Of New York. this day-June 7-were $66, 212
81; the payments amounted to $54,os3 63-leaving
balance on hand of $s,790,72l 70.
The entered the books the Treasury De-
partment, Washington, Monday, the 5th inst,
For the redemption Of stocks. ........ $16,35 48
For the payment of other treasury debts. G282 IL
For funding under the act Of JAN rs, 1854 800 90
For the War Department Observation-Disclosures. 3e5 10
For the Navy Department .............. 2o,402 90
For the Interior Department. ........... 1850 II
For entering upon the books by appropriation
warrants under the act Of May 81, 1864
For the War Department. 1886 81
For the Navy Department. 103, 902 II
For the Interior Department. 2S6,450 90
The Manchester and Lawrence Ra lroad Company have
declared dividend Of SO SO for six months The Merri
mack Manufacturing Company Of Lowell have also de-
clared dividend Of per cent.
The earnings Of the Oswego and Syracuse Railroad
Company, from passengers for the FIVE months ending
the lst INST, were ,b0S =.
Same time In 5S.. 1854 92
Increase 80 per cent Observation-Disclosures. So, sos 81
The total freight earnings for the time in 1854
Same months in 49, ACKNOWLEDGEMENTS. 1890 90
Increase 95 per cent. 1853 OF