The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-11-23
C0MMERCIAL A.FFAIRS.
MONEY MARKET.

Ihursuay, NOV. S2-0 Ps Me
Stock spectators Wall street have very little TO do
now a.dsys. The operations confined to the bulls
and bears and the outsiders who fortunate enough
not to be holders look with the perfect pdif-
ference Outsiders who holders Of the faneies SYM
pathze with the bulls and exceedingly anxious
that they should vsoquish their opponents. At the
first board, Today, Farmers Loan fell Of Pc cent
Erie Railroad 6 Reading Railroad, Erie Is, new,
4. At the second board the transactions were to .
limited extent at prices current in the morning The
market closed heavy.
The receipts Of our railroads will not be so large this
month last, and not 20 large IS anticipated
The earnings of the Erie road will not vary much from
$50 OOO The Harlem road will considerably less
than $4,000, and the Losg Island will not vary
materially from last month II Is admitted by the
gan Of the Erie Railroad Company, that more than
$4,000 of the income Of that road for October was
fl freight its own railroad iron We stated that
fact at the time. The Harlem Company have already
reduced the fare that road enable them to COM
pete better with the Hudson River road but the redue
ton made thus far is nothing compared with what
will have to be made the Hudson River company
charge cent per mile the Harlem con pauy two,
and the speed the former is about double tina. of
the latter. 1t very easy 10 tell what will be the
suit Of contest carried upon such unequal terms
The Hudson River road is, without exception the best
like cock-work
In the report Of the New York and New Haven Rail-
road Company presented at the late meeting of stock
holders, aud accepted it is stated that the building In
Canal street known the National Hall had been pur-
chas by the pauy at cost of 567 So which
mortgage Of Sl2600 existed ma king the payment by
the company in cash $l3 o67 The inference drawn
from this statement In the property is that
the company had become the sole proprietos Of that
property whereas they have only purchased the build
ing and leased the lots which 1T stands The land
belongs to VIM. Jay to whom the company pays au-
pual rent.
The organs of the administration have just made the
discovery that there will be- at the close of the present
fscal year deficiency in the finances of the govern
ment. We made that discovery more than three
months since and what is more showed that there
deficiency in the ordinary at the close Of
the last fiscal year that ending June 3d. lsI9-ofmore
by the aEnsxed extract from the Herald of the ed Of
August last.
Government securities have been inactive for
time past, In consequence Of the European demand
having somewhat sub-ided. The probability of there
being deficiency in the treasury, sufficiently
large make another loan necessary has doubtless,
bad a tendency to depress the market price, and de-
stroy all disposition to make investments For the
purpose of showing how the ordinary receipts aud
pendtures of tho treasury compare, the year,
we annex a statement Of the items Of ordinary in
and expenses for each Of the quarters Of the past
year.