davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

Within the last twelve months, almost every
security or Investment of speculative chsrac-
ter has fallen in value from twenty five to fifty
per cent. Real estate is a drug in the market.
Stores on Broadway, which were let some
months ago at $4,000 year, are now vacant,
though offered at half that rent. Lots up town
offered on the most advantageous terms, can
not be sold at q third less than the price hey
commanded last year. Real estate owners,
after trying in vain to dispose Of their proper.
ty at auction, are forced tobhy it in themselves.
Stupendous losses have been suffered by sPecl-
lators who calculated that the Crystal Palace
would raise the value Of land and houses il its
vicinity. In almost any quarter Of the city,
dwelling houses can be hired at from twenty
to forty per cent less than their owners asked
for them six months ago. Purchasing lots,
building houses, lending money on real estate
have been, during the last year, about as certain
roads to ruin as could be devised by the msst
Ingenious MUD.
Let us look at another class of Investments,
railroads, mines, and the other enterprises
which are represented by stocks bought and
sold at the Brokers' Board. If we take the
eight principal railroads whose stocks are
quoted daily at the Exchange, we shall find that
the decline they have suffered since this day
last year has averaged over twent y-nine dol
lars share. The following are the figures
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

n. in every quarter o. the country. In re-
turn We receive strip of land, which would
have been dear at o gift: Of no possible practi-
cal use Of no future resource, aud as q mill
tary acquisition an absolute iajury and ex-
pense. This is one fruit Of Marcy's dip lomacy
on this continent
The other is an act which will cast an in
efIaceable stair on the American flag. II is the
destruction of the city Of San Juan de Ncara-
qua: aseaport in friendly State, mostly peo-
pied by American citize, and whose value to
our intercourse with that region was very great.
The pretext for the act was if possible even
worse than the act itself; and the whole trans
action bears closer resemblance to the re-
corded atrocities committed by the Indians on
the early settlers of America than to any
known event in the history OF civilized nations.
For this iniamy Marty is wholly responsible.
He now seeks, with duplicity worthy of
man, to screen himself from the consequences
of his conduct by throwing the blame on Capt.
Hollins. But his published dispatches show
clearly that he was the instigator of the out
rage, and that Rollins only carried out his
orders. When hereafter boys at school are
taught to take warning by the burning Of San
Juan and to remember that in our history % in
every other, acts have occurred which bring the
blush to the patriots cheek, the name that will
b. coupled with the monstrous deed will be
that of Marcy. A fitting close to his diplo-
matte career
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

The loss to the holders Of these securitiss-
who comprise, we may safely say, the entire
financial COMMUNICATING the past twelve
months, has been upwards Of one-quarter Of
their whole interest or in other words man
who was worth 100000 in railroad stocks in
July, 1853, is now not worth more than $4,000
Passing to another class of stocks, those which
represent mining enterprises, most significant
phenomenon at once arrests our attention. In
July, 1853, and for some months afterwards
these securities were at least sufficiently sought
for to produce an active business therein. They
have now, with one or two exceptions entirely
disappeared from the market, and are for ell
practical purposes, actually worthless. On the
last day of July, 1853, we find for instance, that
some 1000 shares of Parker Vein Coal changed
hands at from $23 to SCI; no one would now
give as many cents for the article. We like
wise notice on the same day sales of $500.
shares of Mineral Copper at y, Of 1000 Phenix
Gold at l; and about the same time North
Carolina Copper was in demand at 50,
Conrad Hill at 81, Carroll Copper ut 81,
Fulton at IL, and at various prices
number Of other mining stocks not worth
enumerating We have no means Of know
ing the intrinsic value of the interests
represented by these stocks, and dare say
they are as good to-day as they were
twelve months ago; but it is palpable FACT
that whereas the sums above mentioned were
bid for them last July, they caunot now be sold
at ell. Practically, nine of the mining
stocks ofthat period are now valueless, and the
money they cost must be written off as To-.
The principal survivors flourish as follows:-
:. Price. Decline
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

Investments in the most successful mining
companies are therefore worth five or six per
cent less than they were last year. OF this
class We find but two companies. By far the
greater number have fallen out of sight alto
gether; and an average depreciation Of so per
cent would be a favorable estimate of the con-
dition Of those whose stocks are still quoted.
To the community at large this decline is far
less disastrous than that in railroad stocks; AZ
the former generally cost par, while the latter
with lew exceptions, absorbed but little real ca
pital Two or three millions Ia hard cash would
pay for all the losses in copper gold and lead
companies. 1t would require thirty at least
70 compensate the holders Of railroad stocks
Sor the decline in he value of their properte.
These facts are beyond controversy. 1t is
undeniable that the investments which usual
y ablorb the savings of most OF us--stocks
and real estate--have fallen some more some
less than from twenty-five to fifty per cent
since last July. by so much ia the community
poorer.
The question now Is has the decline ceased
or shall property, which has already fallen to
two"thirds OF its former value, continue to re-
cede until half or more is lost. Every man
must answer that question for himself. We ga
tier that the general belief Ia that the decline
has not ceased that men in general expect to
see houses and railroad and mining stocks Sell
ing for much less than they now com mand
High rents, it is urged, are producing their oil,
vious consequences; and the depression ia real
estate cannot cease until rows Of empty houses
compel laSdlords TO be content with smallcr
returns and real estate owners with smaller
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03
Annexed is a list of their names:--

Mr. WIN. A. NooRR's BENEFIT takes place this evening
At Niblos Garden, and he presents such array Of
talent and great diversity of attractions that large
IS Is this splendid theatre it will doubtless prove too
limited in capacity for the multitude who will visit 1t
tonight The entertainments comprise Irish farce
complete English opera, interesting comedetta,
variety Of solos violin and piano. AMI grand diver
vertissement To carry out these promised entertain
ents the following talented artists have kindly volun-
teered to lend their aid;-Madame Anna Thillon, Mr.
Ba-ney Williams Mrs. stephens, Camilla Urso, the
youthful violnist, Mr. George BrIstow the American
composer and pianist, with the whole Of the English
opera company and the principal dancers OF the Ravel
ballet troupe We need do than simply announce
such sn entertainment to Mr. Moore Of the
largest audiences within the walls of Niblos
beautiful theatre In order to perform great va
rety, the curtain win rise at half past seven precisely
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

The RIVER AND HARBoR BnL-THE House.
The administration party of the Senate hav-
ing failed to stave off the River and Harbor
bill by killing time, the responsibility Of its
final passage or defeat is thrown back upon the
House of Representatives. Several little
amendments were made to the bill in the Sc
nste which will require the concurrence Of the
House. Now, let US see whether there win be
any lodging or doubling on the subject to save
the executive the responsibility of signing or
vetoing the BILL The chances are that the bill
will be smothered, for the accommodation of
General Franklin Pierce. After the ten mil
lion bill for the relief Of Santa Anna and his
corps oflobby men and spectators, it becomes
q very delicate matter to veto bill of two
millions or 80 for the improvement of our rivers
and harbors. We may look out for some dodg-
ing and doubling by the spoilsmen of the House.
Anythingto accommodate the great dispenser
Of the spoils.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03
Arrival OF Expatriated Romans.

The bark A. II. Kimban, arrived here yesterday
from Leghozn, has on board twenty-five Romans,
banished by the Pontif from the Pspal dominions
for their political opinions. Their expatriation was
preceded by four years Of imprisonment, and with.
out trial. or being permitted to see their families
they were shipped of by the authorities, to find
home in the New World.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

THE MEETING OF THE SHAREHOLDERS IN THE
HARLEM CoMPANY.-Whatever time was lost in
talk by the shareholders in the Harlem Rail-
road at their meeting on Tuesday, the main
thing done thereat was sound and judicious.
The meeting appoioted committee Of their own
body to inquire into the Schuyler and Kyle
frauds, thus throwing the directors overheard aud
taking the business into their own hands This
movement is sound and worthy of imitation
Directors who showed SO little watchfalness as
to allow Schuyler. to perpetrate his frauds are
certainly not to be trusted to report thereon.
We look with great anxiety for the report of
the, committee. They will of course recon-
mend in the first place that the resignation Of
the old Board of Directors be forthwith &C.
cepted, and will further throw out such sug-
gestions % to them may seem at and proper for
the prevention of frauds in future. The share
holders have done well hitherto in attending
the meeting numcrously and acting with en-
ergy and decision; the committee have now
their share of the work to perform. We trust
that nothing will prevent their doing it fear
lessly and thoroughly. All the railway COM
panies in the city look to the Harlem committee
to set them an example to be followed in the
present crisis.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03
Jersey CRY Intelligence.

ouAJ1rsy lIroKT " TIE CArTAIy OF TfR WArcg dur
ing the three months ending July 81 there we're 257
rests, 81 Of when females Charyee-Drunk aud
0iscodsry, lo+ latcfny, 81 sssaatiug officers 49,
araney s. Sighting rs disorderiy .cnduct, "a; msGsng
family. e sires.ripg arson Il interfering in arrests
&; ssn1t, o. d,sordedy hoase, violating ordinance
I, adultery, 2, attempt 90 marder, 4; prostitution 3;
threatening nfe o, runaway apprentice, Il insulting
females, attempt At barYiAry, 2-totsl 2s5. There
also 2s0 applicants for relief 1t the station
EstivtySco'isnd, s. Switzerland 9; France s. Isle Of
EnelaEt, u.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

profits Railroads, It is said, have too long
borrowed money to ray dividends they must
pay the Ienalty Of SEEING their stock fall to
half its former value. And 80 on with the
others. The bulls on the other haod think that
the reaction after the decline is close at hand.
Those WHO have money to invest must decide
between the two.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03
Marine Affairs.

STEAMSHIP FaASKIN.-An the cargo has been got out
Of the Franklin, about two thirds perfectly dry, the
balance vsriousiy damaged Two extra steamers have
been sent down to aid the three already there In further
attempts TO get the vessel afoat It cannot be done
without, the underwriters have concluded to take 1T
her machinery, which may probably tighten her suf
GENTLY set her into deep water Her position remains
unchanged.
pogr BosToy The following have been the arrivals
and clearances ut Boston, for the month Of July:
ARRIVALS.
steamers Ships Barks. Briggs. Schrs Soeps. Tb.a,.
70, al II 20 g 49, POI 2o5 a75
Total. ~ 30 s. ao4 7o3 loas
OF the above, IL barhs co briggs and ITO schooners
British bark and brig Prussian; brig Sardnisn
brig Swedish; hrigs French; brig Belgian; schr
Dutch; and the remainder were American.
CIRARANCE.
Steamers. Ships. Bsrks. Brsgs sehrs s'oop; Total:
roreisn...,l 81 g 50 is! $50
Total. ~ 80 e5 1A 3sl 100
OF the soove, bsrks, 90 briggs, and 1,2 schoonsrs
were Britain; schooner Portuguese; bark and one
brig Prussian brig Swedish; bark Norwegian; brig
Frerc b, and the remainder were American.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

raj Of Cuba, In relation 70 The Yevnluta that has
lately brOksn out. The Marquis ae pesuela implaes
the Inhabitants ef the ever faithful Island to keep
cool under the presAD exeisemeni He asssrts
that P,ovijesce VII protect the throne OF his
Queen; but nc believe ttat the next mail from
Europe viii prove that Pezuela 10 mistaken and that
bis knowledge OF the ways Of Providence is quite as
limited as ours-if not more SO.
The HOMICIDE YESTERDAY.
Yesterday morning horrible tragedy was enacted
at the st. Nicholas Hotel by which Col. Charles
Loiing, Of Califarnia, lost his life. II appears
that an aItercaion took place between him and
gentleman named Robert NJ. Graham, OF New Or
leans who ran a.sgord cane Though the body Of the
fornsx, killiog him outright. An inquest was held
on the body of Mr.. Loring, and the jury rendered
verdict Of homicide against Graham. The accused
is native of Kentucky, but for many years has
been doing a large drug business In New Orleans.
Col Loring, the deceased, was man Of high stand.
ing in California, where his friends will be deeply
grieved to hear Of his untimely fate. For fall
port Of the shocking affair see another column.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

This begins to look rather too hot to remain in the
city The mercury has been gradually climbing up for
four ave days past continues 20 rise fast for
few days come theirs must he rush 10 the country
terpg places that all the hotel proprietors 10 those
places viii laugh to Nothing like pure country air
Ia these hot times.
Inrs About . quarter after l o'clock yesterday
morning fire broke out in the porter hoase OF William
Reeve, lee William street II was extngushed before
much damage occurred
Turing The thunder shower Tuesday night, Of
the beds in the upper sleeping Of the Eighth ward
station house found to be Gre. The burning bed
thrown out IL the windo~ aud further damage pae
,crted The superstition Ia that the bed took fire from
the lightning, there had been no Gre Ia the
strange TO ssy shock felt during the storm in the
station house.
At . O'Clock yesterday morning, Gre broke out In a
soofsn building In the Of 163 Greene street,
pied by two iamilesMr Reed occupying the first floor,
ard Mr.. JOAQUIN the second floor. The flames spread
rapidly and before the 6remen could subiue them the
lalei,g entirely destroyed. The occupants saved
bu lite Of their furniture The total loss Is estimated
about 81 500 M joaquin 10 insured for $3.50 in the
North RIVER Insurance Company, which will more than
his loss. The Gre evidently the york OF In.
esDisry a. originated In the cellar, which was not
use eScspt to pu. rubbish in through The exsrtons Of
ths flemon the additional properly was saved from
iuiufy
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03
City Intelligence.

The wKAMR We were mistaken in our predictionf
yesterday, that the thunder storm Of Tuesday night
would br ns some cool days In which TO recruit. Yes
terday Of the ilk in which we have been swell
ter pg for the last month The Thermometer yesterday
ranged - follows
olu ION apy . ID n
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

McAlistcr, which was then lying Ice bound al 80.
Petersburg. On finding, however, that the vessel
would be detained till the a ct Of May, the Emperor
ordered his effects to be taken from on board, and
sent at his uhe Eml erors) private expense to Ber-
lin. The English Vice Consul at st. Peters
burg - Mr.. Mcbelly - told the Car that as
they were very fragile, they could not b.
shipped with safety, be would prefer to have them
remain rather than that they should be exposed to
any danger. To this Nicholas replied that II Il was
his desire that they should remain, he, Of course,
had nothing further to say about them. II have
ordered Them said he, ito be shipped to Prussia
st my own expense, and II you decline my offsr
can do nothing more.n This ended the matter and
the articles were subsequently shipped by Swed-
burg. SO much for the story that the Car had
conhscated the property Of Sir II. Seymour, which
may be considered pretty fair specimen Of the
reports that put in circulation by the English.
In relation TO Turkey, the Car says be will with.
draw his troops only when the Sultan agrees to
guarantee the rights of all Christians in his domi
MONS He does not miscalcuate the force that will
be brought to bear upon him; but with his great
resources he is confident of ultimate success.
He looks forward to the adoption Of q commercial
treaty between Russia and our country, and the
purchase Of Si,ka with no little anxiety. as he 10
very DESTROYS Of keeping up friendly terms With rs
during the present war. Ia speaking Of our reia-
tons with SPAIN he says he considers that Cuoa u
ours by right Of her geographical position, ana tnas
AZ abe commands tho entrance to the Gull, we
should take her, whether the Spanish government
IL willing or not.
DR.. Cottmsn, a. we have before said, speaks IA
the highest terms Of the imperial family, Ihe Em
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-03

this drunken orgie. town where there was neither
soldier nor gun, sacked paged and by IRE
the work OF the marines Of twouty Of her Maiestye
shps Not content with the destruction Of property the
virtue Of the women Was assaed with equal ferocity
and baseness This writer speaks truly when 30 says
"we destroyed thns-virtue, goods and chattes
The unfortunate inhabitants were Ike uadrnen: IL was
sad sight to see the creatures many man arose yes-
tereay in good circumstances and that night was
ruined man." Thus you Merry Old England, With
her vain glory and bossting, reduced in action to
level with the pagan Turk whose cause she esprses
Assocatng herself with her next door neighbour and on
the slightest opportunity occurring casting reflections on
him, which, unfortunately Is like splitting against the
wind that hsrls back the e1pectorated matter full into
the face of the protector The Leopards officer gives ost
the idea to the world that the Finnish asses al not mind
brutal violence II IL not done by rreuchmen True
there Is sone for jealousy Of the French they
have not committed dishonorable act since they have
been in the Baltic. The prestige Of Britons name
has fed from the Russian dominons. Fishing boats
nets tar barrels and deal boards have besn burnt,
simply because they trust to Engh professions of re-
specting private property The much Wanted capture
Of prizes reduced 70 the prehensiou Of ordinary in
dvieuss consists in few Finnish smacks laden with
salt for curing Hsh tho coast Of Finland, and thss
the means employed for revolutionisng Finland.
Wherever u
like smelling dog from shsepfod the discovery Of
the shepherd Witness the attack places Of 50 little
consequence that man n England heard Of them
until no 90. the report Of their being sttacked
by tho allied fleets, who have been invariably
repulsed, Notwithstanding the galiantry a. Eki-
noss Jancely, Csrleby, and BoomersuDd, which
tell mournfpl story for Britons pride. Old
Bodisco brother Of the late Russian Minister at Wash
ipgtop, commands Bccmersund with about DOZEN
cannon and for fear he might them II thsy APP
preached TOO near the neet eontoated themselves by
firing whole day into mis- apple orchard add among his
sbade trees entirely cut u reach Of the old mans eans
but not Of his wrath. More than English fsg has
been brought to st Petersburg trophy. had cx-
recsed to and in London Russian flag ut every corner
Of the street. capture! BY the feet so much Wanted
here, before left for Russia think there Is AXIOM
or prcverb or something Of that kind, which runs,
A nsrcisai man is msrsful to his beast" England
New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-04-06
BOARD OF COUNCILMEN.

NFDNE.DA1t
p,sscn. EDWARD j. BRows, Esq, President, in the
Chair.
r., Mr. Coroyer-That the Board Of Health MAKE sucn
sngerents for the removal Of o &c from the Ciy as
nav he required by the City Inspector: Lsld over.
Nv Mr. Curry-1hat the Sixth ay rom Carmne -. %
T1.v fourth Il be paved with granite block pavement
and hall the expense thereof to be charged TO otn a'
Railroad Company. To same. -. -, q. yvs-d,s
BY r Fye-Preamble stsng that porons , o. ss
Is1d owned by the City and used Is bnfia SsOn. eS
dsconue. ted-kat ss lots also are owned y Ih1I:t
The Governors OF the Aims House have ePpont-
ed CeFt1e 70 sG tst comee II i've Be appon,ea
rom this body to confer with aid COMMITTEE ana report
NE ,a Prasmble Stating tina. an has been
drcd into The senate Of this Stste ct its present SOS
~ interrd 10 revive the Specializing scheme known
aas tie Roadway Railroad, &c; that Brcsige{ olsh'
never 10 he gyen up in any way appropeeI W ips
a,,s ~ tbers for a railroad and that the ia'9 - ga
ui. . - IN snperior and Supreme Courts fore
judges Duer and Harris show inet t.s a W.. ~. pa
49,. AGAINST the passage Of any zueb act ana tht
Sommitfee be appointed to proceed 70 Albany ana
S utdeSiror who considered that passing the resoa
% ~ I'D he acknowleds ing the right Of the Less.a'uFe
to authorize said railroad i4 l1, Oh The 's''7
A. ,,.ter moved reconsideration of the vote Of lat
meeting On the majority report ~ the Countse on zen
trail Park which was carried ,. -, .s
~ I'D pr 80 as to make commence at Seventy
~oldt ard eting Of 900 feet from esch SIDE was 80
srcons;deied and adopted
REsoLrTiOSs
The re,olu,iop Of NJ Hodgknson il ayor o. oo.A.I
80 f,o- the Leci.lsture 70 take land IN tle Ycin
Nv OF Fourteenth at, y r az sie fof m-fNeN was
taken ~ ard adopted -. ,-.s,r. o,,.,
- ir The streets are Objectionable either rom tneif
want Of Durability their cessve eos' i o 5i p'gbs ne
ment known as the Trap Rock pavement VIII ooi 10 aoS
~. IL, ,bs cost Of the cobbe stone pavement with
eon thai he coe on STREET s report re Gplp tb rSs
elerey Of paving sRs 81 H BIZ. Of ao aocI on
. fed Of .srd or gravel AdoP'ed
n, Mr. Cooper-Presnble stating thai the act paced
Inv 81 lss: reisiing 70 Central farx appropdsfng