The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-16
C0nNERCIAL AFFAIRS,
HONEY MARKET.

| Tnursuay, march 1876 r. N.
The bulls appear to be unable to arrest tho down.
ward moveme Mt in the quotations for tho fanoss At
the first board to-day, the deprscatons ranged from
one quarter to two per cent With to some
extent Hudson River Railroad declined n per cent
Reading Railroad 4; Long Island, III Harlem, u; Can
ton Co., 4; Erie Railroad, u; New Haven, q Morris
Canal, u; Farmers Loan, n; Pennsylvanis So, Y;
Treasury Notes, u.
At the second board, New Haven Railroad fell of Y:
Long Island, y; Canton Co. improved \, and Morris
Canal per cent The sales Of Harlem were large at
the afternoon session; but In oil quite mode.
rate 1t IL didcult In fact apostolic to account for
this steady decline In the stock market Quotations
now rule about three per below the eeat po,ns
reached under the recent and
securities have not escaped the general depression
This the bears have had the bsnent Of and they have
resped arch harvest. Some of the shrewsest opera
tors have made money, both on the advance ana de-
cline and the change Of the past week has been suo-
tnef aamonon to speoulstors to realise small profits
when In their power to do so
The GOAL operators in the anthracite MINING r..
gons Of Penpsylvsnis, have resolved to suspend
mining for three weeks or until purchasers agree to
pay ~ rs for red ash and 81 for white ash 81 Mount
Csrbsn
The annexed statement exhibits tho Operations
the Northern Railroad Company from the period Of its
organization up to the LIST Of February, 1885,
NORTHERN RArLRoAD-LAxE ONrARIo AND LAKE
Capital stock $1,000 oSs aA"'lA'S
Capital paid In on lat January, ls4s. S7os 800 70
hnce l97.O2l oV
Total. NEUTRALITY-SUSPICIOUS.. 5000, s21 10
Expenditures
PAID for for ' oos:iuoon ncuain: 60
ssgz,oel % paid for iron, 7sl,oa1 rs
for locomotive and ii freight H'''0 W
and gravel cars. 49,. 1881 az
Balance sundry accounts DR., fer IRON 90,
Ist 'annsry' 's'............ SIT GOT 70
The payments on account Of the capital stock. bv
stockholders In the State Of New York aud in othsr
States are stated to be about in the proportion of II.
stock held in this state and Ia other States.
About twelve miles Of the road have been anish,d-.
soossh not opened for business prior the LIST of Jnnu
sSy ia-snd the remainder 10 under contract and In
progress Of oonstruction. considerable portion II
the road graded and IL expected thirty miles VII,
be opened early the approaching season Tn, Bo,to.
mans depend very much upon this road, to sttrsos
portion Of the Northern and Western trad.
from this 70 their market, and . pamphlet bss
been hsusd Of thirty two pages for the mr.
pose Of showing that nearly tbs whole OF the
Of Northern New York must by this routs
60 to Boston. This belief hes induced Eastern oa,
tsliss to invest In the road, and will insure It's COM
pieton; but We need BE- under no apprehension rcl.-
tive 10 the trade Of that porto. Of our State our
facilities for reaching that section of oou utry will soo
be equal to thoss this road, In connection with
thess running through Yer mont win give our Eastern
ftisnds, and the advantages We enjoy a. a markst.
compared with any other city in the Union, will resa-
late tue rest Of the GUINNESS. We give the capitalists
Ct boston ali tho credit they deserve for their entse-