The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-27
4 days, and 1906, IUy days.

We have not altered our figures Of beef az ye. for
the error made in the New York return for the Sc
cond week in August has not been corrected az the
Auditors Office in this city.
The Boston Adrertiser Of the 18th inst. gives the
following report Of the business in railroad stocks in
that market If the facts and igures here stated
not enough to disgust the public with railroad
stocks generally, there is no such thing as con.
vincing them. All these stocks few years since
were in demand at or about their par value, and
handsome dividends were semi-annualy pad to
stockholders. Nine out OF every ten Of those vino
invested money at an early day In the RAILROAD
stocks OF New England have been hsayr lo,er.
The stock Of the Ogdensburg road u selling at ! to
per cent. Vermont CeptIa,. sells at per cent
The railroad system of New England has been
ial.arei 70 ~r as productyeness on the invest
me..ent Is concerned. As works Of public c,nve.
nience and necessity, they are invaluable. The
masses are benefited by the construction Ct The
different roads, while the few who paid fo then
have been great sufferers. In this StaS the same
influences are at work. Decay and sss,eciation are
making our railroads as invest sf,s worthless, and
in few years they will be no better than those OF
the Eastern States. Out ofsftdt fifty railroad com
ponirs in the state Of New York less than half
dozen pay dividends, sni even that small number
do not earn what ting pay. The Boston Advertiser
says
quencc 81 -rs cd unfavorable position of the conpa
ny nnancei affairs and the fear tina, tue cistisnd may
be Passed January next Boston and Lowell costnues
au N 50 per cent although the amount Of stock oisrng
In the ke is small. and this keeps the price from fa
M az some other shares do offered for 10 con
gaerabc lots as for instance, Hichburg. Northern,
western others sometimes arc the price We It'd drop
several per cent Boston aud Worcester has fallen 70 81
which 10 deemed very low price by those who should
kroy best is true value We learn from good authority
1a ..e ~ ee,spy BAD cen, n JAW toe,
divide per cent In January making per cent TOT the
year. - ,.,,.,- r. al 80,
| 20 BID a. asked; do per cent preferred SO 70 80
concord has reccdea 20 S7s Go per cent?, which y the
owes, price the stock has yet sol at aad evidently
up1e, H. true value dividend will be due In about
two months and the meantime the price should al
at east per cent beng then TAR below s res
i merits o. the . per cert stock, even Of a corpo.
| ration entirely free from debt, AMI with no
i good reason why IL should not soon again pay
| : per cent a. formerly Eastern hangs al 30 regu.
| ar and 3tl i aked sellers opson,n but pur-
ebssers are pt dsposed take the latter probably hav
The nsx, sixty days Manchester aud Lawrence IL yer,
dub al so bid, 90 asked Nashua aud lowell 81 bill -
asked northern 40 TO sea- Vernon. and Canada 90 %
Among the rcy railroads there Is general dizziness
and ~ ces are lower. Vermont and Massachusetts,, u
rlx; Wilmington 20 to 20; Vermont Central, 81 Did ioi
all The o,s offered which, however, amount tobut fe~
shares although 600 more would be readily taken !
put on the market AZ We have previously stated, par
lies are evidently buying up this stock quietly, Tor SONS
object probably best known 10 themselves. Ogoensburl
steady at * TO p, and no sales for number Of days
Grand Junction IA dun and heavy at "a asked, and ~
buyers In The market Passumpsic old) is offered ~
but ends no buy The preferred vas wanted atei
pys sin 70 At 2j per share Concord and Montreal Told
red at 9: stock at 9, and preferred is asked
Rutland stock whether common, or per cent prefer
red, has quo,able price. probably worth 10 is pre-
seI position; sullivan do South Shore, IA 70 ., wit
| ve few transaction; Boston and New York Central,
and shares offered Tor sale less than To- operator
are quietly awaiting the movements for that new line
| to few YORK vet In embryo
After variety OF experiments, the Boston an
Worcester Railroad Company have completed, an
have now in operation, freight locomotive ad,pte
! TO bu, ping coal, which seems SO well to meet th