The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-09
COMMERCIAL AFFAIRS.

Fr,dov. September Go r. M.


twas announced early this morning, that the steam
ship Hbernia from Liverpool with six days later news
was telegraphed below Boston, and that dispatches
from her would be received about This at once
arrested all business operations one feeling dis
posed do anything until the complexion of the in
telligence at hand was known. The transactions
at the stock board were consequently limited without
any material alteration in prices Erie Bonds fell oil
u per cent Reading Bonds, al Erie Railroad,3s Can
ton advanced "a.
At the second board, Harlem advanced u per cent,
and Norwich and Worcester Il. The sales in the
afternoon were not large but the improvement in
prices shows the effect of the European advices.
There was considerable excitement to-day in Wall
street. and the greatest anxiety existed to get the
malls The telegraphic dispatches report an impor-
tant advance in prices for brcadstus, notwthstsnd
ing the improved state of the weather. There were
small sales of Indian to-day, on Change at a
slight advance but operators held back, preferring
to wait private accounts. Flour and indian meal were
most active in the London market, the demand for
Indian corn being limited. There appears to be
no doubt but that the potato crop in Great Britain
and Ireland would this year be almost complete
faure and it had become fully certain that the grain
harvests in the United Kingdom would be below
average.
Reports from the continent relative to the crops
are satisfactory, and there will probably be abun
dance in most the continental ports for shipment
to the markets Of Great Britain at moderate prices
With the usual surplus in places which have heretofore
beendepended upon to make good any deficiency in the
crops Of England and the surplus of two immense
crops in this country prices cannot reach very high
shipping points; and spectators in our markets may
initiate quotations so rapidly and to such an extent
as to arrest at an early date shipments and the
English markets to the more reasonable spectators
Of the continent.
for the month of August, in each of the past two
years, we're as annexed ,
LITTLE MIAMI RAILROAD.
Angustlsd iHggsL l sa Iee ssa
Receipts from Passengers sllg5 20 oSy 90 ee5
Do, frieaht ........ o,z'o % 'oo 70 81" -
Totals si7,2oi 81 1850 81 iotos 20
This increase Is equal to about sixty per cent This
road is eighty -four miles long, and runs from Cincin-
natl to Springfield, Ohio. connection has been
made at Springfield with the Mad River Railroad,
which terminates at Sandusky on Lake Erie. This
opens to the Little Miami Railroad hundred and
thirtyfour miles Of road ming through the interior
Of the State and gives 1t the whole of the through
business from the North, from Springfield This con-
nection and this immense increase in the sources OF
business will give the Miami Company, a very great
income from this time forward. The connection just
made between the Miami and the Mad River Railroad
will be Of vast benefit to Cincinnati in commercial
point Of view, and Of immense Importance to the
whole section of country through which the road
passes. Ohio will soon have very extensive net
work Of railroads covering its surface, which will de-
velope her resources rapidly these works have
che resources Of New England.
The quantity Of certain artisles exported from Dos