The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-09-02
Navigation OF the OHIO River.
MONEY mARRET,
Wednesdav. September 10

. SvCsAhC"u"y, SCPsCAAAU0A AS-V AZ
There appears to be no material alteration in I
stock market The corners work pretty we'll 80 far
the tendency of prices Is stl upwards notwithstand
the fluctuations from day to day. Harlem, and Norw
Worcester continue the favorites and they absorb
attention of Spectators At the first board to {
Long Island advanced u per cent; Harlem, IN; MOI
Canal, " Pennsylvania SIS, u; Norwich and Worces
fell of per cent, while Treasury Notes and Farmt
Loan closed at yesterdays prices. amtF.
At the second board Harlem advanced per cent, q
Norwich Worcester, N; Long Island closed at pri
current in the morning -1
1t IL really surprising to see the great difference
tween cash sales and sales time sellers option In b
Harlem and Norwich. This afternoon there were %
sales of Norwich at S. and sales sellers option as d
at 60, showing difference Of per cent. When
market is in healthy state, the difference between o.
plices and time, sellers option, 80 or 60 days. val
from squarter to per cent, but now Eve per cent
nothing unusual. On Monday difference often perc
was made between cash sales and those time, sci
ll2 days. 90 % .s,a.i iitt.a. .jf
Here is fine chance for those who wish to max
handsome operation in either of these fances We h
repeatedly advised holders to let every share they
slide at the lightest cash price, and If they foo
enough to want any Of it, they can get any qr
cent in their favor 1t would be better for them to
out, and let both alone for the present The advan
both of these fancss has been too rapid aud it
be sustained Prices have reached such points as
bring upon the market thousands of shares Of
which have heretofore been retired Every per c.
vance brings out more stock, and the bulls
get more than they can carry. Il
BE- borne in mind that there are sevs.ral thou
ox To-, he ~
were when the last corner was got up, and tn,
requires large amount Of money to garry on
stock at such high prices. The read is In a yerv
porous condition, that is, the company is doing q
large business, and the receipts rapidly incres
The gross receipts for the month OF August, ls47,
$30l3s 25, against sls,s22 Sc for the correspo,
month in 1885, showing an increase Of $40 so 70
month this year. This looks very we'll, but is not
Client to account for the rapid rise in the market Or
the stock. The cause Of this rise will be found in
street. in the movements Of the operators in that
borhood.
Norwich and Worcester 10 not In such a favorab
sition as the Harlem Its monthly receipts are les
year than they were last, and there is no more Of
for dividend than there Is in Long Island Whe
stock was selling at 4s and co. no one would touch
advance Of sixteen per cent has been realised an,
bulls are looking towards par. About two wear
when the last general corner In this stock carried
up so high, all the bulls were sure that par wo,
reached; but their anticipations have never been
ed instead ofreaching par prices fell down to Less
fifty per cent. We predict the same result In the
sent corner, and those who steadily bear this, az
other fancy stocks, upon rising market, inva
make the most money.
A few days will settle all these points, when the
falsity OF our predictions will appear We have
yet known q corner in fancy stock, but that /,
nearly all those engaged in it. The higher prices
greater the fall.
The Assessors valuation of the property of tbs
Of Newburyport, Mass, the present year, is $4Sss
last year it was 50 $685. 46l, showing an increase
the year of $67l,639 The rate of assessment tn
is 81 80 on $1,000 last year It was So so $1,000.
amount of tax last year $27 ST., this year $24
The valuation Of real estate il $los, 100 less thu
year. and the valuation of personal estate $779 $50
The valuation OF property In Fall River, Mass,
present year, Is $7,7l6,l70, upon which taxes
amount of $4,000 have been assessed. The rstI
to $46a7 So There are fifteen manufacturing
panies and individuals taxed for more than one
red thousand dollars each
The movement Of each bank In the State of M
consisting Of the Bank Of the State and brant
four periods, within the past three years. has
| annexed -
BANK or rHE STATE OF Missouri AND BRANc