The New York herald., 1877-01-08

Spanish douboons ns....,....l6 80 16 GO
Mexican doubloons ................1 10 50 10 90
= iue koio JARS. ................... rar e.
GOVERNMENT, RAILWAY AND STATE BONDS
An important investment demand has manfested
itself since tho lst Of January In all class
tiles, individuals and institutions being among the buy
ers This has tended to sGen the prices Of govern
mens, and during the greater part Of the week they
were 1rm yielding only trAe the close In SYM
pahy with the weakness Of gold.
The business in railway mortgages also shows
healthy increase and higher figures This especially
true OF Ohio and Mississippi Hannibal and st. Joseph
and others Of tho low priced securities II Is said that
tho petition to Judges Drummond and Gresham ask
ing the retention Of Mr. King Vice President Of the
Baltimore and Ohio Railroad Company, Of the
receivers OF the Ohio and Mississippi Raway Com
pany has already received the signatures tho holders
Of about 81, 900 600 bonds and 50, O0o 600 stock.
State bonds have been fairly dealt and appar.
emily growing in public favor. Missours, Texas,
North Carolnas, Georgias and Fordas, all have
larger array OF friends than heretofore and bid fair
improve The committee OF North Carolina bondhod
ers, OF which Mr. William j. Best, of the Me-
chanics and Traders Bank, Is chairman compet-
ing their arrangements to depart for Raleigh. Tho
committee havo arranged TO confer with bondhoders
in Philadelphia, Baltimore and Richmond on their
way, meetings having been called in those cities The
committee expect to leave New York to morrow, ana
Will reach Raleigh Thursday. The compromise to
be urged by them before tho General Assembly relates
only to the recognized debt; but the committee will
do all in their power, they say, to favorable
hearing for the representatives OF the special tax
bopds The two committees oan therefore, act IN on.
tire harmony.
THE WABASH RAILWAY.
The success OF the subscription the new Wabash
Railway stock, as announced columns last week.
was under all the circumstances, remarkable. After a
struggle OF more than year between the Protective
Committee Of the stockholders and the holders Of the
gold mortgage bonds, who striving 10 forecIose
and wlpo out the stock, the parties litigant were
brought together in common way and an equt
able compromise was arranged, under which the stock
holders allowed thirty days buy of the
property which had come into possession OF the bond
holders by foreclosure This fec, represented by stock
In the new company was sold to the old Toledo, Wa
bash and Western Railroad Stockholders upon cond.
ton that they elected subscribe $40 per share 10.
ward the purchasing furd within the time specified
And now was developed the singular fact that within
month 10000 shares out Of 100000. 15-l6ths Of
the whole capital gathered at the subscription once
and signed the required obligations to pay $40 per
share For twelve months the chairman Of the Protec
tive Committee had been vainy securing the country
with circulars and advertisements collect the ptful
contribution OF rs cents per SHARE to pay the legal
expenses which were involved in the defence which
has saved tho stock from extinction Less than go 900
shares responded to the CALL but ~ the trumpet
OF success from half the States OF the Union came
forth tho hosts OF stockholders grateful If grace
ful acknowledgment of the happy result II there
fore, gratifying to bo able chronicle the settlement
of tedious and expensive legal controversy, and to
note instance where tenacy Of purpose and pluck,
under very disheartening circumstances, has saved
va aluab o IN ha haah hoan
suggested that It would be great sacrifice to the
parties interested to let the 900 shares 'eit
out In the cold, into the arrangement thus making
happy family Of the entire party. The surrender OF
oplon to subscribe for SIX shares out of 100 but
bagateIle In comparison with the satisfaction Of
having done handsome thing
MINING INTELLIGENCE
Tho United States Monetary Commission, now on
the Pacific coast making the following inquiries
from the different mining companies located upon the
Comstock lode:-
l. Amount OF capital stock
= Annual revenues OF company.
Annual expenditures, divided into principal heads.
ascertaincd from assay certificates or bullion account
8. Inventory OF property At latest date.
This Information will be published, and no
doubt will be the complete ana reliable that has
been made public.
Nevada, the Silver State, is pouring out daily
1925. .ooo in silver, s75 600 in gold ss OoO lead and
81 900 in other metals, making yield OF $40 600
daily or s63. 900, 600 per annum.
California is producing daily about $4,000 In god
$4,000 in silver $4,000 in quicksilver, So 900 In lead
and copper. $1,000 in coal and fully $1,000 iron,
antimony, and other minerals Its total yield is
therefore $4,000, corresponding to annual product
from It's mines OF $23, 100000.
Colorado Is producing SIS, 900 In silver every twenty.
four hours, $40 900 In gold and 81 900 in other
ais, or s2e,ooO daily, equal to ST. 900 900 yearly.
Utah Is credited with daily output Of $12, 900 In
silver 1000 IN lead and 81, 900 in other minerals
$23 900 per day, or So 600, 900 per anuum.
Late dispatches state that the Marposa Tunnel is
being at the rate Of from to eight feet per day.
and the developments on the von continue to improve
as they advance. More mIs are being put in work.
ing condition as fast as possible to crush the ore now
hand.