The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-12
CO N N ERCiAl AFFAIRS.
MONEY MARKET.

Ihursuay, Oct. Il-8 Ps Ne
There not much activity 10 he street to. day. END
the transactions almost entirely confined to ar-
lem and Reading Railroads There has been slight
improvement in the latter aud further depression in,
tie former For several days past, Harlem has been
the greatest card for the bears the sales days
amounting to three aud five thousand shares The
sellers those who have un ill lately been the rmsst
holders The bulls very anxious for outside hold
eys fancy stock increase their line to make
what they cal good but outsiders appear to
have had enough of these they have usually
found that they have Increased rather than reduced
the loss The 10 the least deferred by the
recent fall in prices from making contracts and
ready to sell any fancy at current prices, upon any
terms THERE'S disposition among outsiders to
purchase any Of the faucie for RISE than during the
height Of one of old fashioned panics, but the
contrary, every one wants get out first at little
loss as possible We have seldom known stocks Of all
kinds plenty The rise In Reading Railroad while
the bonds declining is attributed to the purchases
Of an operator on Philadelphia account He has been
pretty freely supplied with the stock, but he prefers
purchasing on long time, buyers option 1t cannot be
otherwise than Temporary improve ment, as holders
here all anxious to realize Eastern holders OF this
stock are closely watching the market and WILL doubt
less seize the first opportunity to play the trick
upon the Phladelpb that once played upon
them. 1t is our impression that the Philadelphans
little too sharp for the Bostonaus at all events,
SO far as Reading Railroad stock Is concerned.
At the first board to-day Readiug Railroad advanced
4 per cent Canton Co. - Long Island =. Harlem
FELL off Il. At the second board Harlem declined q
Erie Railroad *. Reading Rsilroad advanced q.
1t is stated that several directors OF the Erie
Railroad Company having secured their election for
the ensuing year, a,e selling out their stock
The sales have been unusually large within the
past day or two or since the books opened; aud .
decline of nearly two per cent has been realized
We approaching the close Of the present fiscal
year, when all Of railroad companies will have
to post up and balance their accounts There Is
siderable curiosity the result of this years bust
The receipts at the office of the Assistant Treasurer
Of this port day amounted to $3 s4S So Payments,
$40 $50 Balance, SO s3I O56 IL.
The Erie Bank of Pennsy ivsnia has resumed specie
payne nts and its redeemed In Buffalo ct
per cent discount.
The total amount Of gold received in this country
from California up to Oct 10, (Which includes the En-
pIe City) about So 00u 0O0 and 1t Is estimated
that least 600 600 in specie has been taken to that
country, for the purchase of gold dust and by emf
grants.
The Manufacturers Insurance Company of Bosten
have declared Q semannual dividend Of per cent;
the Hope per cent; the Neptune per cent and the
Suffolk per cent
The annexed official statement exhibits the number
Of miles Of railroad in operation in this State In each
Of the past two year. the cost Of the road Of each
company. the aggregate cost Of ALL and the average
cost per mile in each year.