The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-13
MONEY MARKET.


There little change to report in the stock mar
ket either in the way of sales quotations Farmers
Loan, Long Island Caution and Norwich and Worcester
closed at yesterdays prices u IS, ls42 advanced 4
per cent; Harlem IL o. S. 6s SO fell of per cent
AT the second board Harlem went up a; Norwich and
Worcester "a; vicksburg u.
The Ohio Life Insurance and Trust Company has
declared dividend of four per cent for the last six
months.
The lafayette Bank of Cincinnati has declared like
dividend, and is ready pay four dollars share to
its stockholders.
The Cumberland lsank at Bridgston, ~ j. has declared
assmiannusl divide nd of three per cent
The bills of the City Bank of Providence re-
c,iyed at the Suffolk Bank, Boston, which makes them
currVnt in that city.
TIL. Governor of Pennsylvania has signed the bill al
lowjne tho Reading Railroad to declare and pay divi
dends and it is law, but whether the company in
tend avn ling themselves of the privilege not at
present u known
Those in erestod in the construction Of the Rome and
Cape Vince at Railroad moving in the matter Four
,un5red ar,l twenty-five thousand dollars have already
subecrb ed and 1918 900 required before
an organization of the company take place under the
charter This instrument provides subscription for the
road be mado by separate sections-the first extend
ing from Cape Vincent on the river st. Lawrence to
wa.ertown, the ,vecond from Wotertown to Salmon
River, the third fyom Salmon River to Rome As soon
the stock is takeu for the first and second sections
the company may be organized by the choice of board
of directors authorized to 20 with the prosecution of
the work The commissioners have given notice that
tn, books WI be oponed at Wa.erown the 18th inst
for Tho purpose of filing up the deficiency in the sub
scrptions Energetic measures taking to procure
the filing up TIE capital stock TO $75OOoo, the amount
needed to au'horizS an organization.
Tee last number OF the Niagara Chronicle contains an
to address from the Provincial Parliament,
dated Msrch 18Th, 1sl5 aud praying for statement o.
the sums expended in completing the Welland Canal
from Thorod and from the hsad of lock No 49, to Port
Dalhousie from which we select tho following
items Tho amount expended the canal between the
l2h lock and Port Dalheuse, in May, lsa5 $ll9 ZOO
and from Thorold to the pace, E2l4, 1851. The
amount expended for deepening the channel and con
sructing piers at the Port EFT SAL and the annual
cost Of keeping the entrance free from sand estimated
at si50 The depth of water the bar whom oil tho
works completed, will BIO twelve feet; and from
daily record of levels kept by the lock tender during
the last two years. app that the was higher
the lake the date of the report than had been for
many years previous The length of the canal from Port
Dshouse to the 10th lock is miles,
The value of merchandise and specie exported from
the district of Boston and Charlestown, during the
month Of December lsae, was as annexed.
VALUE OF Exrokrs FEoM BosroN, DECEMBER, 1876.
Dsmcstic Products
In American vessels. ............. .$4S4 $40
In foreign vessels. 20,o2a
Total of domestic products. .... ...... $l5I 500
Foreign Products
In American vessels. 1888 4o9
In foreign vessels. 23,7S6
Total of foreign products. ............ $50, i45
Total value OF exports. $537 DOT
specie imported Qor same time). ........ $225, 042
Specie exported ............ 1000
Excess Of specie imports. .......... 1924 O42
Value Of donestics included in the above... S977s3
This aggregate, independent Of specie. amounts 10
about Oneeghh of the total value Of shipments from
this port for the period. This places in proper
light the export trade Of the two ports showing the vast
superiority of this port
According to the official report, the aggregate value
ofmerchsndise exported from Michigan in the year 1915
was $4,c47, COS o., as follows:--
EXPORTS Of MIcHIGAN--l846
From petrot 81, 495 1876 50
.uonioe SoJ,2ll O6
ct 1osepn. COL, 500 IS
All ohsrs. $50 ATS so
Aoni. 637 sos "a
Amount of tonnage enrolled in the district % 92s
sl95 Contemplating about 500 in navigating
hem.
The annexed statement exhibits the quantity ofceraa
articles which arrived at and cleared from Cleveland
Ohis by Of the Ohio Canal in each Of the past two
years
CANAL COMMERCE OF CLEVELAND, OHIo Is43 AND 1916.