The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-23

CON MERClAA AFFAlRS.
MONEY MARKET.
Saturday, July 22-8 p. M

saturday, July 2@-6 p M.
The European news has had visible effect upon
the markets. favoraby or unfavorably. At the stock
board TO- day. securities advanced and some de-
clined The sales were larger than usual we noticed
activity among operators. At the first board,
Ohio 6's improved u per cent, Canton q, Long Island
~ Harlem u. Erie bonds fell off a. Indiana State 5s
ii all others closed at prices current yesterday Money
continues exceedingly In the event of steam
ers from Europe for the next thirty days bringing
favorable accounts and the markets the other side
continue to improve, may look for corresponding
improvement here. 1t is impression that the next
steamer from Liverpool win bring further advance in
cotton.
The York Manufacturing Company have declared
dividend Of three per cent, and the Lacona Company
. dividend Of two per cent
The Leather Manufacturer Bank has declared a
dividend of three and half per cent payable on the
LIST Of August.
The Planters Bank Of Tennessee has declared divi-
dend per cent payable on the LIST of August at
the Manhattan Company
Bsring's circular Of the 18th inst, says "There con-
tnues to be occasional demand for United States
Six Per Cent Stock of which the price to-day "a
o. ex-dividend other securities firmly held but
with very little business
Alabama. e1.div GAG Massachusets sg g ass
inssn. state endiv. 9 ~ Michigan
Louisa Union Bk for sale Ohio ex $ 81
Pa 80, ex-Aug. interest," e.
The quantity of coal transported the Schuylkil
Canal for the week ending the Goth inst was 1854
tons previously l76s2s Total for the season. 191 422
TONS Thus far the trade of the canal has been more
than double that for the period last year. and
have doubt more than four hundred thousand tons
ofcoa will be transported it, from the opening to the
close Of vigation for the year.
The Reading Railroad Company transported, during
the week ending the 10th inst IS 352 tons, making
for the reason 675,412 tons
The receipts Of the Housatonic Railroad Company
for the month Of June in each of the past years
were as annexed
HousAroNIo RAILROAD.
June, lS4S, from freight. $500. S12,624 81
From passengers and mail. 4, 933 70
fetal, ......... s17,55S OF
June. lS41. total receipts. .......... 16,0A 40
Increase, June, 1s4S, 1888 81
This increase amounts to about nine and half per
cent The bulk Of the business this road freight
ing Last year consequence of the high prices rul
ing for all kinds Of produce, the movements in them
were active and fair comparison cannot therefore,
be made with this year.
The sugar crop of Texas WILL this year, be than
double that of ls47. The first expectation Of sugar
from that section of the Union made in 1916,
and amounted to only fifty hogsheads. The crop of
lo4I amountedto ZW0 mus OF Wnch between nve ana
six hundred hogsheads were exported. The crop Of
this year is estimated at five thousand hogsheads.
The Petersburg and Roanoke Railroad Company
have declared semi-annu dividend Of three and
half per cent. The annual report Of this company
shows that the read IL doing prosperous business
About oneorth Of the road has been built and the
track laid with edge rails and the balance with heavy
plate iron expensive bridge the Roanoke river
has been constructed and the road refurnished with
engines and cars, all of which paid for out of the
profits of the business of the company, besides
ducng the indebtedness to about twenty thousand
dollars. While the company was doing this, It was
paying the stockholders moderate dividends which for
the last two years have been increased TO per
cent The receipts and expendenditures of the past
year annexed:
PETERsBvRe AND RoASokr RAILROAD.
Receipts from trans portation for the twelve
months ending February 1, 1s4s. -. S1s2,0S6 so
Expenses Of transportation. SIC, 297 10
New engines, new cars
houses, interest &c. S4l,G21 as Sl17ol6 So
Net income for payment OF dividends and
reduction Of debt. Observation-Disclosures. Se4T6s %
"A very good exhibit Of healthy business which we
must presume IL skilfullv and nrudentlv conducted