The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-01-27

FTlOay, JOns <o-O Fsms
Stocks arc very ductuating Long Island advanced Il
Kentucky Ii Harlem !; Ohio 6's l.; Paterson 4; North
AmercanTrust Ohio Life and Trust j. Farmers Trust Il
U. s. 6s,; Canton 1; Paterson declined per cent? Ala
bama 5s i Illinois Il Pennsylvania SIS /; Indiana The
sales were not very heavy, but the whole shew
Improvement.
The Leather Manufacturers Bank has declared semi
annual dividend of three and half per cent pay able
the lst Of February.
The movements Of cotton in this market, since the
rival Of the Britannia have been very extraordinary
Contrary to the expectations Of every one very lit
tie has since been shipped The Liverpool packet Of the
list was detained till the oath, in the hope Of filling mp
with cotton but finally sailed without doing The
cotton in this market will be used for spec uation The
stocks at the south will go Immediately forward The
accumuations in this market will absorb great deal o.
the idle capital Of banks and the holders will wait the
reception of farther Agreater advance in the Ii
verpoo market is anticipated than has yet been exre
rienced This would create still farther advance here
and the result will be heavy specuations So long the
foreign markets remain firm, have upward tendency
long will operations in this market be speculation
Holders of cotton here disposed to speculate
home than abroad The holders ut the south governed
by different motive. At all those ports where cotton is
held on planters account the principal object is to ge
their supplies forward rising market This they will
reach as high point between this and April at any
other time through the year. The extent of the crop
being settled, estimates placing the yield at low stand
will be plenty enough in all the markets. and have great
influence prices and sales In FIVE out OF SIX the
reports Of short crops obtain greater circulation and be
lief than the facts will warrant or the result confirm
The overstock in the Liverpool market added to the
rent estimated crop of 900 bales will make supply
Of more than 100000 bales. Dcducting the surplu
-
close of lsiafrom the total supply of the year and find
the supply of si3 does not exceed estimates for 1874
Very extensive shipments from the south, would have
very favorable OBJECT exchanges. Quotations
London rule in this market at per cent premium. There
very few prime bills Offering at this high rate. Bills
Paris rule at 1911.
The sales OF stocks in Boston getting to he nearly
great feature in the money market Of that city in
this The spectators there have not yet established 5
board Of brokers. but they will not be much longer with
out such important body of nancers to regulate the
movements Of capital, and to upor down they may
think proper the valuable investments Of that section
The sales at present made under the hammer daily
On the 25h inst Boston Mississippi Land Co. sold at
5000 per shares Boston Maine Railroad, 3 advance;
Boston Worcester lOl do; Western $54l per share;
Boston & Providence AZ advance; Eastern do Fitch.
burg do United States Insurance Co. CO., for $50; Mass
Fire & Marine Ins. Co., advance.
The REcEIPrs OF THE MASSACHUSETTS WESTERN ROAD
THE THIRD WEEK
Iai3 l8it.
Passengers. ssSs1
SAGA s7oas
During the week past the freight trains from Albany
were not run regularly The will come into this
week.
The annual report Of the ;Worcester Railroad, pre-.
sents improved condition of the receipts for the
past year over those of the year before.
WORCESTER RAILROAD RECEIPTS
1912 1913. Increase.
Passengers S266, t47 S215ltO S8,6pf
Errg chi GIL 275 COG 1929