The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-02-07

MONEY MARKET.

Friday, Feb. 6.-6 r. M.
Quotations for stocks fell of fraction to day. and the
transactions very limited Pennsylvania Hvss de-
clined per cent; Canton, Ii Farmers' Loan 4; Harlem
1; Long Island, t; Norwich and Worcester !; Illinois
6s and Reading Railroad closed at yesterdays prices
Stonington went up per cent.
There was considerable excitement in Wall street to.
day. in consequence Of the appearance of the following
advertisement in the Heraid:-
"LErTERs EuRoPE.-A vessel Of extraordinary
speed with choice sailing and picked crew will
leave New York for Liverpool Monday, 9th instant
at u o'clock; and returning will leave Liverpool
about the 26h s7ih slant Letter bags will remain
open until Monday morning at 10 o'clock"
This mysterious announcement created q great DEAL
of talk, aad appearedto understand its purport
pilot boat has been chartered for voysgc to Liver
pool and back, as stated in the advertisement 1t m
supposed the charterng party the British Minister at
Washington Gan Cass STAYED in the Senate, In answer
to question from Mr. lobster that despatche, ad been
received by the President from London by the Hberna
In relation to the Oregon question The pupor of these
dispatches has not transpred, but it is presumed IL
IS important, as resolution, requesting the Pre-.
sident to furnish the Senate with any information
IN MS possession, has not yet been answer
ed. THESE things induce to think that the
Oregon question has assumed new shape that
the British Minister has received new instructions and
that the retention of Mr. Buchanan as the secrearv of
State has been caused by the negotiations opened
upon this subject The HiberDia arrived at Boston ON
the Oath Of January tho here the 25th and at
Washington on the night of the 26th Saturday leaving
only three days for return dispatches be made out and
sent off the steamer left Boston on the LIST instant
Whatever instructions the British Minister received by
the Hibernia, he had very little time to act upon
before she returned; and It appears from all the nforma-
tion we can obtain, that the pilot boat that will
leave this port Monday for Liverpool, sails with
diupo fcho nrk
his government That it Is not private or individual
movement, by the party parties advertising to
carry letters.
We have received the report of the Engineer on the
Hudson River Railroad The report the project Of
railroad the east bank Of the Hudson river from New
York to Albany, and is to pass through the villages Of
Peekski Cold soring, Fshkill Lending roughkespsis
Hyde Park Rhinebeck and Hudson. Length Of road
l44 miles; estimated cost sir millions Of dollars The
gross income of the road is estimated $4,000 per ar
mum nett s4sS,oOo. allowing for current expsnses
This would give annual dividend Of eight per cent
According to the report the line commences At Forty
second street. and continues in the Eleventh avenue to
Fifty eight street, and there DIVORCES the shore of the
Hudson River; it then follows the shore occasionally
cutting off points Of projecting lands mouth Of the
Harlem Greek.
In crossing the bay at the mouth Of Harlem Creek
drawbridge will be required to accommodate vessels
The channel ID shoal only admitting vessels at hiuh wa
ter The bay sixteen hundred feet wide and has rom
nothing three feet depth Of ebb tide II NAV
be crossed By partly carrying out embsnkmsnt, and
partly by bridge supported on piles
From Harlem Creek the line continues the shore Of
the river in position similar to that already described
until il reaches Tarrytown. At Tarrytown the
line leaves the river, and runs across a
point Of land that projects too far pass around
The summit of this point whsre the line crosses IT, ia
forty feet above the grade level Of the road The whole
width across it. between points that are eight feet above
Trad and ueu fa~t
crossing the marsh, the line passes over a narrow
neck ofand and then regains the river shore which fol
lows to near Sing Sing. much in the name and
with similar facilities as described Tor the line below
Tarytown. About half mile below Sing Sing prison
bold rocky point occurs that forces the line out and
compeIs il 10 run three thousand seven hundred fee,
across Kemys Bay below The water in this bay IL OF
greater depth than usual portion of ia seven feet
deep at ebb tide materials for embankment may be
conveniently obtained for part Of the distance and ths
balance may be crossed by bridging on piles After
passing the point above mentioned the line leaves the
river and moderately uneven ground to the
State prison at Sing Sing, whore may 80 through be
tween the prison and hail. without ia any respect
nurng the safety or convsnsnce Of the prison To dc
this however, will require rather heavy expense In
deep cart, and rock n so@ in
Most ALL the work at this place could be done by
Alter leaving the prison short distance the line
curves around the HILL TO leave the most i'm
portant wharves of Sing Sing unaffected by the line o
road: Of the docks at this place win require be
AT Tsrrytown and Sing Sing. several small building
will require to be removed none Of which of grea
vaaue.
From Sing Sing the line follows the shore of the
Hudson to Croton Bay. The Croon River emptiss into
this bay and draw bride wi be required The NORTH
side Of the bay is bounded by Tssrs Point which re
quires deep cut TO cross IL The length across th
point that ID above ten feet cutting thirteen
and eighty feet end the greatest height above grade
seventy feet II appears to be composed Of sand ano
gravel OF casy excavation and will be used to grea
extent in forming the embarkmens across the Croor
Bay on the south, and Collaoerg Bay ON the north
Al this place 1t leaves the river and enters valley
tnat requires the grade Of the road to rise two miles
the rate OF thirteen feet per mile and then descsne
by similar grade to the shore OF the Hudson nea, .
resksk II then follows the shore OF the river pass