The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-29

These enough give pretty good ides Of the tom
porary speriy Of railroads. The author Of Twenty
ore Years In the Boston Stock Market In his notes
railroad companies, says
cent stocks among the railroads until silnin year
two. The par value OF the shares IL S5co-mossy held
ma,loi The siocs Vas al one time curren, at 1855 per
cent, (se7b per sharc) with prvat, sales some POI
GEM higher, ana has Iaeiy sod at 90 par cent.
FsicktuJQ -1hlr stock has sold among tue highest,
S6 yer ccnt any Of the ROADS leading Boston
Time considered safe 10 per cent invest
meIt.
Horcc4tcr ard Na,aua The old stock was preferred
In 1884 by each h.der Of i've shares paying $780, aad
receiving ax nes shares.
These ew OF the Items contained 10 the review Of
railroad s,oShs and 70 sho~ what the depreciation
has been III this description Of property. In New Eng
lard the Losses have been immense 10 Individuals while
nc PEOPLE At large have been Immensely beneltOd In
this state railroads have been conducted upon the
mmo principle a. In New sngand; butour railroad mana
gers have gore little further We have not many dn
forsrt corporsuons but those have immense
roes and have been turnei with great effect into huge
political and rule the state 10 the stste Of
New York the grea. power The Central Ralroad ana
its political innucsce Eel. In every village, town and
city through which passes. In New Jersey similar
corporation exists and In the Western States similar
political power 10 coming up. In lss2 General Jack.
son considered the United States Bank, with . cap,
Of only SIS oto coo, power Isey 70 overshsdor the
government and he did rcst until tho monster
cru,hsd. In this STATE have single railroad com
psny with capital ave millions larger than thai OF tho
United States Bank, and this company Is bot Of
DOZEN mons,ers that seek TO snbyer power OF the
people Tor private purposes. tiae 70 cheek ihi,
growing political engine, or II VIII oveswheln
iry w one universal revuson. rue oversrowu capital
OF this railroad company extracted from the pockets Of
the people by all Of mi-rcpresentaons and frauds
and controlled BY . se, OF unprircpled politicians,
nnsnciers and spectators Tue property represents
must sooner later prove totally unproductve, and
tkousancs OF stockholders rures whve those VINO bare
been entrusted with the Management have become rich
upon The spoIls The consolidation Of interests
snor, TO through c,ugress land grants 70 railroad
companies involving the disposal Of tso hundred millions
acres Of pablo land, shows the extent Of the p,~cr
welded By The railroad arstocrscy OF the c,unlry u 70
yet 70 crush this rotten, corrupt body Of spscuh
TORS and the place 70 begin IL AZ Albany Railroads are
Constructed and managed but shen their very Me blood
extracted for the Advancement Of some political clique
and ,hsir resources and revenues wssed IN lssi.ave
lobbying they cannot long survive, and must end their
dsys IN the eanes Of public rescivors,
me expcrtaicn OF spseeirom this port last week
a. follows
prlg Mni1p. fort an Prince, Am. geld ..... 5000 %
steamer Africa Liverpool Mint bs-...... 250 ssJ ca
steamer Black Warrior, Havana, AN. gold. a,oso %
10. DO. do. silvs.... oco 90
Total for The week. s7s37es o.
Previously n ported ~
TOTAL, I6T o.
The banks have lost good deal OF specie by shpmen,s
o,hc Interior and the Impression that the next weekly
abatement viii show deuease the specie reserve.
me arrival n the steamship Illinois from Asplnws with
81 e7i SEQ In gold. win make good again tho supply
We have received copy Of letter addressed by the
President and drecAors c the ranama Railroad Company
70 the members Of both houses q Congress- In reply to
the charge ccusaised In the report Of the Postmaster Ge
neral that this ccmpsny had eudcsvored 10 take ssvan
sse OF The government In The Conveyance Of the mails.
n d temperate In TONE and shows conousivey that The
Postmaster General msundsrstccd 10 say the least the
They have shown The greatest forbearanoe In thu
ter ana have depe ali In their power 70 aid the govern
ment and accommodate the pubus
The value Of general merchandise imported Into This
rcrs during The week ending December Is, amounted
seT1,033
foreign dry geods eoe, 2s2
rtal importation. 2t5
The va,ue q exports In We same time vas q.
follows :--Genera merchandise. 81 ,ato,Tf3
Specie. ..s...... 13sIet
-~f.5l3.5e7
Ercess o. mpo'w over exports. .....-..... sss,ees
Tue issrv n . es>s~ssvs s~sssss u Nc vsss