The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-04
FINANCIAL AND COMMERCIAL


ns4be With about the OF daily sions
The fluctuations in prices unusually unfvrm. The
brokers are obliged to keep up show of activity, and
sustain prices 10 prevent outsiders from reszng Ii is
wen known In the street that outsiders posed
70 realize at low than ct high pricsa. They generally
buy expansion and sell on q depreciation Tue
brokers find difficulty in carrying stool and therefore
hold in anticipation 81 outside demand bu-
sness among the mercantile classes subsidies We agree
With them In this expectation The month of May is
destined to bring great activity in the Market and
q course higher prices for all the leading investments
The weather has much improved within three or four
days. and the probability is that it has extended to the
North 30, may look for the ption internal
navigation At about the usual time. All the Western
railroads wnl, without DOUBT do an immense business
dusing the present year. They win soon gain what
they lest ia the early part OF the year. and
Tor the rest Of this show great
receipts for the time last year The country is ful
Of produce the West literally running with it
The people of that section all in comfortable cream
stances and abe and disposed travel Our entire
population Is migratory and spends money in ira
vslngt business and pessure than the people Of any
other country the face of he esrth This propensity
mast BE- of vast vice to railroad companies in al parts
Of the Union although 1t may not enable ali OF hsm to
dividends. The cheapy contruc ed railroads the
West Will male fa stockholders while the stockholders
VI EASTERN reads starve Tor they the
shape Of dividends. We have repeatedly presented for
The consideration Of capitalists the position and ospe,s
Of promnen. railroads OF the Western States particular
y thoee of Illinois and Wisconsin and have sho wn that
every important particular regards security and pro
ductvensss they further ia sds Of the railroads
ef New York New England than those roads
Of the comuones. couny turnpike. In pors Just
sued relative TO the construction of the Racine and Mis-
sssippi Railroad, the following sensible remarks appear
There has ben much and varied sxparisn,s in
The carstyucton and use OF railroads. that prodent
person can Hg form pretty correct opinion beforehand
vsstber any p-Asd road viii be prof.a ols not.
Especially Is this the -nsrs o.her road. have osea
built unee- almost exactly the see er'nnstsnce' with
the one PROPOSED. Many railroads in Fngiand costing
$3.50 600 per mile. and may ia the New sag and and
fiddle States $40 900 70 $50 600 per MILE oavs pail
good DIVIDENDS But ads valley Of the Mississippi
have exceeded 81 others IN prof aSleness for tee oo*
is'. They are usually butt and equipped for about
SIS COO per ie The running upon god roads
ct the East about fry cent of tbs gross receists
Hence to make . road handrei mule long pay tan
per cent upon its stock its annual rece2s would have
to be million OF dolsrs, cost $50 600 per mile and
only hAfa m lion it cost bet s25 coo per mile road
ut the West might make good stock with the same
amount Of which upon Eastern road Of the
tame length nigh. not pay runnitC expenses
upon Eastern roads. they are less than forty upon the
cafs OF Wesern roads, owing 70 lower grades, and
higher plicse for Going business It would add two
can't the stock Of road hund.e miles long,
g SIS 600 per mile with annual earnings OF $500 000
% nave the running forty per cent instead OF
Any
Sd. The prices for Going business much higher
Western tnan en- Extern roads, and they are not likely
10 Be soCn reduced.
The impor Of this subject great be DIS
posed of In . week month. We wish to impress upon
the minds OF of Moderate the advantages de-
Iived from investments in Western railroads those
In she East. with $40 900 derive income
from inves ment 10 prominent paying railroads of
Illinois ard Wisconsin, Of 81 500 per annum, with
certainty he get $500 $500 In his any
Eastern State; and what more he purchase 9.
this moment stocks Of Western railroad which
pay ard fifteen per cent per snnum, at
less price than lie viii be obliged TO pay fer stock In
panes which lave not paid d yidend years. As
extraosc mary AL this may seeu it is strictly true
And it is about time that such inconsiste in the
stock market had been removed. The West is the
natural country for railroads in the world For miles
nd miles . road can be CONSTRUCTED without and
upon level, the immense p-aires Of those
TONS and every other advanage there exists for building
and operating these works. TO say nothing alb out the
business which every road favoraby located creates
along its line the srst year of its existence To of
moderate mesnE-to those who wish ID derive the largest
income froa the smallest investment combined with
-uA safety-ve recommend this mater for c1nsldsrA
- investigation, with the firm conviction that i:is
e0n sAa service OF the most vital importance
wondering them =. and condition for al me.
one affecting their eonio, the folio wing sales o,
AFTER the &C journment of the boz y A. a. Nieo
bonds and stocks we're made at auction =.