The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-29

Navigation OF the Ohio River.
MONEY MARK EV.

Quotations for stocks advancing but the transao
tion are 20 very limited extent AT the first board TO-
day Ohio e's went up u per cent, Farmers Loan q,
Reading Railroad u, Canton a. Harlem u, Norwich 4
Worcester u, Long Island /. Canton scrip closed firm
at Yesterdays prices Most of the purchases time
are ut buyers option, indicating confidence In adj
vance within the Aext thirty sixty days We coin
edo with parties in this opinion but do not
believe much in permanent Improvement.
There many rumors aaoat to the effect that very
large orders for foreign manufactured cotton goods have
been tenc out that the goods their way to
this and other markets of the United States and that
current of specie will soon set other way pay
FOR these inportations little reflection will satisfy
any that there is not the slightest foundation for
thesa reports At the date OF latest accounts from
the manufacturing districts Of Great Britain, there
activity amongst tina Spinners and the consumption
OF cotton had boon reduced to tho lowest point having
fallen of full ne-third. The importations for this
spring hsvo nearly all arrived and the imporatons for
the fall trade do not usually in until the LIST of
August 1t is hardly probable that goods will be import
Cd either domestic foreign account long before
the demand for them exists 1t does not follow that
a large Importation of foreign manufactures would
take away apecie. 1t would require larger
importation than have had since 1896 to turn
the beAanoo against A demand for cotton from
tho Manufacturers for the purpose of filing large orders
PRICES for tho material very rapidly and enhance
tn price of cotton fabrics much that it would have
material influence upon the consumption and in the
event OF that effect not being realized the value Of
exporta would be very much increased nearly to
tent corresponding with the additional value of our i'm
ports The supply of cotton Is in fair way Of being
pretty nearly used up this year tho moderate
rate Of consumption going on, and the full supply
for another year must come almost entirely from the
new crop Instead Of there being stock of cotton in
the European markets at the close of the year of mil
lion OF bales equal TO six eight ,consumpton
the prospect at Is that the stock ut the close Of
this year, will not be two three hundred
bales, equal to only about two months consumpton
We do not for very large importation of foreign
manufactures until another year at east The fall inn
portaton VIII without doubt be large but by no means
10 an extent sufficient to cause expectation Of specie
An election for directors Of the Harlem Railroad Com
pany takes place on tho 18th os May There are two
Pro'y strong parties at work r the direction and they
are 60 equally divided that It impossible to tell which
VIII aucceed. we want TO sec this important line of
a''os IA 'ne hhnd Of active, energetic Board Of
0o'ois as i's u' fhate depends upon proper
''ohieho "u >hg the next year two. Several very
Z" ages in the board contemplated by the
p5 ho" N the asoendancy but so far as tho Presden
learned, the present incumbent is the candidate
Vi th parties revolution in the Board Of Directors
'<fequired ard with fow exceptions trust it win
be complete
Six additional miles OF the Harlem Railroad will pro-
baby be opened this week bringing the terminus nearly
10 the line OF futnan county
We annex a comparative statement exhibiting the
movement OF the State Bank Of Georgia and branches
for four peEods within the past three years =