The New York herald., 1845-09-22

comparison Of prices ruling yesterday, with those
current at the close Of the previous week shows ad
in Long Island of 4I per cent Harlem 3t Canton,
81; Farmers Loan, Il Norwich and Worcester 81; Ohio
ss l Pennsylvania SIS 7; sonington q; Erie ai vcks.
burgli U. s Bank, Z. Reading 2i; Morris Canal 2;
Kentacky 6's Ii Illinois, 6's, Z.
These stocks have been accumulang in the hands of
the strong brokers of Wall street Every decline com.
PEELED these houses to buy, to protect the supply they
had hand until they obtained the control of the stock
and consequently Of the market. Being held by those
having almost unlimited they not forced
upon the market but the contrary every decrease in
prices reduced the quantity daily offered The times
have now become ripe for speculation all the elements
OF trade &c, in highly prosperous state, and
should not be surprised to very extensive specua.
tion for some months in stocks cotton and provi
sons. There is money enough to carry q movement
OF this nature in all these things and prices for all
low enough to give wide margin for an advance So
far speculative movement in cotton and
cerned, il could not commence at propous Pc
rod-at period when the country generally would be.
come benefited by moderate speculation in those arti
cles Any advance in prices produced by movement
of this nature, would benefit the producers these pro-
ductons have not yet left first hands The farmers and
planters would be rally aided by rise in prices
now, whereas should the improvement come later in the
after the bulk of the crop had left first hands and
gone into the hands of dealers and SPECTATORS that
ooperators would be the only class benefited by better
prices possible the demand from Great Britain for
breadstus may not be very extensive until spring. as
the harvess Of tnat country will be sufficiently ample for
the consumption Of large part Of the year, and the
farmers Of this country should bear this in mind and CO.
vern themselves accordingly. Spectators will without
doubt attempt to monopolise the supply control
the market in the spring. they have immense facilities
at command and will spread them through the western
country for the purchase of grain Wheat and -four in
varably command better prices in the spring and the
probability of an extensive demand from abroad for our
beadstufs great that it would be good policy in
heproducers to hold long possible at least until
spring.
Our predictions in relation to the subscriptions to the
Erie Railroad will without DOUBT be verified The books
opened the sh inst, at which time stated that the
three millions required would be taken before the end
OF the month Twenty five hundred thousand dollars Of
the three millions have already been taken leaving only
five hundred thousand to be subscribed during the
naming eight days 1t is gratifying fact to know that
avery large portion of the stock Of this road has been
taken by our actual business men-by those who have
become satisfied that its completion will increase
the trade and prosperity of the city. Very few capita
lists have subscribed far and have no doubt the
balance will bo taken without any aid from the million
aires meeting Of and traders to be,held on
the gath inst in relation to this great work. and we look
for liberal subscriptions from these classes The com.
pIeon of the Erie Railroad is lsnger a matter of
doubt lit is ensured.
We learn that little over 5000 900 of the capital
stock OF the Syracuse and Oswego Railroad has been
ken at Syracuse oswego and other places along
near the route The balance$i00Oo0 will probably be
akenn this city The books will be opened here for sub
scrpons in few days II is estimated that the whole
line. thry.sx miles, can be put in operation with
heavy rail- for the capital stock $3.50 600 This is a very
important line and must from its position only com
mand great deal Of business but must open line Of
communication between tide water and lake
that will give the control Of tho Western trade
against any compstio sind in spite Of any rival route