The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-25
The following table shows the highest and lowest
prices Of the principal stocks to-day

WA anu hcduiHR III llotS.
MEMORANDA.
An adjourned meeting of the North Carolina
bondholders will be held tomorrow "wednesday
at three p M at No. IS Wall street for the purpose
OF further considering the legal measures neces-
sary to enforce the payment OF the interest due
the North Carolina bonds. 1t is understood that
about eight hundred thousand dollars are repre-
sented in this new Syndicate"
The new rooms OF the Importers and Grocers'
Board OF Trade at the corner OF Wall and Water
streets, were formally opened this afternoon.
An address was delivered by Mr.. william A.
Booth the President, who reviewed the history OF
the organization since its establishment in 1871
and the results that have been achieved through
this agency.
The establishment c. new line of steamers be-
tween Norfolk and New York is being discussed
the chief object of the undertaking being the en-
argement or commercial facilities between the two
ports in the matter of conveying farm produce.
At a meeting OF the Atlantic and Pacific Railroad
Company held to-day the following Board OF d.
rectors was elected:-Olver Ames, North Easton
Mass. ozias Bailey White Cloud, Kan; Frederick
Billings, Woodstock, Vt; f. F. Bishop, Bridge.
port, Conn; William II. Conin, New York Uriel
Croker, Boston, Mass; George s. Curtis, Bos-
ton, Mass. W. Il. Garrison, New York; Francis
b. Hayes, Boston, Mass; Charles J. Morrill,, Bos-
ton, Mass. Andrew Pierce, Jr., New York Joseph
Seligman, New orS; Andrew V. Stout, New York.
very decided feeling exists among the drec-
tors OF the Pacific Mail Company with reference to
the Importance OF screw instead OF side
wheel steamers as profitable adjuncts OF
their line. Experience is demonstrating
even now that the company cannot sue
cessfuy compete with the opposition that has
been established on the Pacific coast by English
screw steamers, and the only remedy existing is to
place the marine OF the company upon such foot.
ing as will forbid competition and compel success
Owing TO the absence OF certain officials OF the COM
pany no action was taken to-day but it is said that
among the enterprising members of the direction
there is an earnest and energetic desire TO develop
the fullest resources OF the company place it upon
healthy basis and, If necessary, issue additions,
bonds to give strength to the present fabric. An.
other meeting will be held on Thursday next for
the purpose OF discussing the subject more in
detail.
The annual report OF the operations or the Chi
cago, Rock Island and Pacific Railroad has been
published. The gross receipts from all sources in
Guiding earnings, interest on loans premiums, &c.
were S6,t5s.o50; expenses, t3,5l7,7s3 leaving the
net earnings So, 1926. From this sum there has
been paid interest on bonded debt, dividends, &C.,
s2,2666l4, which leaves a surplus OF ss7265a TO
this sum is added balance OF income account April
!, 1872 to wit, $3,717,o3o, which makes the pres
ent balance OF income account as reported
s4,5s96S3. The report contains the following items
OF general nformation:-
The Land commissioner reports sales of Is 59l
54l0o acres, realizing the sum OF si26,77s A. aver
aging IS 40 per acre, except for lew hundred
acres OF doubtful title that we're quit-bamed.
The low prices which have ruled for produce I'm
the West and especially for corn, have materially
diminished sales and collections, but the settle.
ment OF the country along the line OF the CON-
panyis railroad on the Missouri slope has made
considerable progress during the past season and
good deal nf prairie has been broken.
The value OF the property has been enhanced by
the substitution OF additional steel rails In place OF
IRON, permanent masonry and iron bridges Tor
wooden structures, increased side tracks and
depot facilities, and general Improvement in the
permanency and smoothness OF the roadbed and
track.
. The new bridge across the Mississippi River at
Rock Island, built under direction OF the United
states government, but owned in part by this
company was brought into general use In October
last erecting considerable saving in time and ex.
pense OF crossing trains as compared with the old
line
Some worthy gentleman may be induced TO an
alyze this report little more closely hereafter.