The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-06-20

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Subscriptions to now stock to tho amount Of $685.
600 have been taken to raise funds for tho compile
ton Of the Hacksttstown extension. No further
steps have been taken to extend the road west of
Hsckettstown, and the directors think It inexpe.
dent to do go at present.
A resolution was adopted by the stockholders,
requesting the directors if they deem 1t expsdient,
to survey route for railroad from some point on
the Morris road, between Hackettstowa and Dover,
to the Delaware river at or near Philipsbu-g, and
estimate the cost, &c.
The total receipts OF the Cleveland, Columbus and
Cincinnati Railroad Company for the first Ave
months Of the present year, amounted to $3.50 626 a.
aganst s45es69 Os for she same time last year. The
expenses this year in the same time wore $2O5, $50
81, being the net income Of the company applicable
to dividend, at the close Of the five months, $275,
073 81. Amount required 10 pay July dividend,
about 1925 900.
TIT Canton Company Of Baltimore received last
year from sales OF lands rents, g., $4s,57l 81,
which with the balance on hand June 1, 1854, make
total Of SIS, $40 60. The expenditures for the
year ending May 81, 1885, were $50 ,697 SO, which
left in the treasury June 1866 1l2 70. During
the year there has been added TO the wharf property
2,l42 front feet.
The Wabash Valley road will be opened ninety
three miles from Toledo to Fort Wayne on the LIST Of
July, and twenty five miles further in about ten sys
afterwards. e. a
The Lake Superior Journal peaks In strong terms
of condemnation Of the tricks to which Wall street
and State street specustors have resorted to fleece
the publis by the sale of stocks Of an imaginary
value only, by means Of false aud exaggerated 10
ports, newspaper putting, sham diviaends, and the
imitation Of the stock market by the ars best known
to Operators, on Change. Though mining opera
tlons have thus been brought into dscedit II Is yet
insisted that there is solid basis for confidence In
well mat aged mining companies; that there is no
place in the known world where such rich and abun.
dAut deposits Of copper and iron ore can be found
as In the Lake Superior country; and that the sue
cess Of several companies Is even now astonishing,
considering through what difficulties they have had
to work their way. In the future everything ID en-
souraeipg.
The receipts of the Susquehanna and ridewatsr
Canal from the opening Of navigation to the 10th
inst, amount to STATIC ca, against $59,97O so in
the corresponding period last year, showing an in
crease Of $l4 200 linear Is per cent.
We learn from the Pittsburg Gazette that the
committee appointed to investigate the affairs aud
accounts of the Ohio and Pennsylvania Railroad
Company, by the stockholders, at the meeting in
January, have completed their labors, and pub
lished the result In pamphlet form. After spending
about two months, and examining all the transac
lions Of the officers from the inception Of the enter
prise, the committee report that there is nothing
affecting tho honor integrity and fidelity Of any
officer Of tAe company excepting the defalcation Of
the late treasurer.
The Park Fire Insurance Company have declar cd
semi annual dividend Of five per cent.
The returns of the banks Of New Orleans for the
week ending juno 9th, compared with those for the
week previous, present the annexed result -