The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-10-26
MONEY MARKET.


The stock market opened a litts more buoyant this
morning, and prices in several instances improved
fraction At the first board, Reading Bonds went up
per cent Farmers Loan, Y Canton " Harlem, y
Long Island u Reading r. r., - Treasury Notes,
Kentucky 6s Illinois 6s Indiana SIS Pennsylvsnia SIS,
and Norwich and Worcester closed at prices current
Saturday. The transactions were, to extent prin
cipally for cash.
The Eagle Fire Insurance Company have declared
dividend Of five per cent, payable on the LIST Of No
vember
The receivers of the Citizens Bank of Nantucket
nounced dividend Of twenty per cent of the CAPT
tai stock payable to the stockholders.
At meeting of the stockholders of the Harlem r. r.
Co.. held at the Aston House, committee appoint
ed consisting Of H. Dykers jacob Little D. s. Miller
Ham, Schuyler and Jean Sturges, to devise feasible
plan for extrcatng the company from its present
barrassments and to report the to the stockhod
ers on Thursday evening next
The shipment Of agricultural products during the past
week has been larger than usual particularly to Great
Britain. The aggregate shipments for the week
1878 bbs -four 800 bbls rye -FOUR ss2 bushels corn
5O0 bbs meal OF which there were sent to Great
Britain 1891 bbs -four 250s2 bushels corn aud 2OI9
bbls meal. This looks like making shipments to some
extent before the close Of the 1t shows such
great increase previous weeks that induced to
believe that the state of prices in the English markets.
when the Cambria left Liverpool was such as to war.
rant these shipments. In the event of higher prices
ruling the other side than those last reported We
shall considerable activity In shipments unless in
the meantime prices in domestic markets advance
beyond those ruling in Liverpool placing it out of the
question to make shipments profitable. Prices here
at present too high to send anything forward for mme
date Sales andI pay profit There prospect Of
any decline in this market, and the only ad
vance the other side.
The report of the canal board the reference from
the Assembly of memorials for the enlargement of the
Erie canal and basins connected Herewith at Buffalo,
has just been made favorable the prayer of the petit
TONERS
The members of the board having examined the
several propositions made by the council and
citizens Of Buffalo, for the enlargement of the harbor
and of the Erie canal with view of increasing the
facilities for the transhpment Of property between the
lake and canal navigation, unanimously Of the
opinion that it necessary and proper for tho State
to make appropriations for the following Objects and to
the extent Indicated
al. TIC complete the Main and Hamburger street
canal Of the width and DEPTH and with the bridges con-
templaed in the original plan of the State engineer:
and to construct bridge to continue the path
from the Erie canal along the Hamburger and Clark and
Skinner canals.
Common Council for the purpose, from the Main
and Hamburger street canal, to connect with Buffalo
Doau otooh az OF near Inc point OF inter-
section with Buffalo Creek to excsvste basin on land
to be provided by the C. mmon Council, covering an
of ten acres and of SUFFICIENT depth to accoRmo-
date lake vessels or If satisfactory arrangements
be made for it, to excavste the basin termination
OF the Clark and Skinner canal instead Dead creek
80. To connect the Erie canal by ship canal, with
Buffalo creek, its mouth the site of the ship
canal laid down on the map furnished by the Com
mon Council The ship canal BASIN be half a mile
In length 800 feet In width and sucient depth to
accommodate lake vessels The connection to be by
slips from the Erie canal the basin The land for the
ship canal expected will be furnished by the Com
mon Council
The aggregate cost OF making the improvements re-
ferred to- according to the estimates Of the resident
gineer, $3l0s46 70; but appropriation of only
is recommended for the surplus of the present
fiscal year, as that sum will be sufficient to prosecute
the work. until the residue of the required can be
realized from the surplus revenues OF ls4s.
The rapid increase Of trade at the western ermina-
ton OF the Erie canal clearly shows that all the faci
ties now proposed by the Canal Board will BIZ
tosccommodate that trade The amount of tolls col.
lscted at Buffalo for the last eleven seasons of nsvga
tion Is as follows