The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-25
CO N N eRClAi AFFAIRS.

"euhesuny, Octs SS-o We VI.
Quotations for good stocks vent up to-day, and
fancy stocks went down This IL the most natural
Of things and probably will be the course of
things for time to Attic first board to-day
United States Sc, 1862 advanced per cent; United
States s's, 1868, al Pennsylvania SIS, =. Canton
Company declined - per cent; New Haven Railroad
=. and Reading Railroad, u Transactions at this
first board limited and there n falling of
from the opening prices.
The bears are Offering Harlem freely, but there
no buyers in the market the bulls having much
they carry There desperate effort made to
initiate the market value Of this fancy, upon the basis
that the directors would declare and pay dividend on
the old stock some time In January February next
The report recently Issued confirmed the statement
sde by the bulls a. II showed that there would be
surplus sufficient TO pay q dividend Of two per
cent from this years earnings We have shown,
in the face OF the ocsl report that the company have
no surplus amer paying the current running
expenditures and interest and that the interest in the
preferred stock 4 by ne means The preferred
stockholders must therefore look after the manage
meni they will ose sportion OF their dividends Ina
the proposals. made for Issue Of 900 Of prefer
red stock stated that the avails Of that issue
would meet the entire debt Of the company, except
sla5too pay for the Dover extension build the second
track 10 wlamsbridge pay for the Of the
whse Of the old track for bridge the Hsr-
lem rivsr &c, Re Instead ~ this, End that the
bridge has not been built nor the old track i'm
proved and that the company IL in debt 100000 Now
" argued by holders 81 the preferred stock that all
these things must be- done and the debt reduced 10
the a. Si3b 600 before the cid will be
entitled to the fret fraction ~ dividend: and they
sLt. 10 will about $4,000 10 build bridge
the Harlem river and to straighten the road at
at points $50 600 mote TO the old through and
city tack aud $4,000 more to grade the Fourth
avenue, near Murray Ilill, making an aggregate Of
SNOot0i add this 10 the present debt and we have
total a sts3oco q which sliseO0 be paid before
The old stockholders will be entitled to q dividend.
Where the money Is coming from to Hquidate that
smospt 81 ind bedusss is than we can imagine
Thor. T. one thng pretty certain Of IL can come
from the ssrnings Of tho company
be receipts at the onice Of the Assistant Treasurer Of
this port 20 day, amounted to s145OS3 81; payments
ts5 So So balance, s. $50 $40 s5; duties, sol ss7
Holders Of scrip Of the Baltimore aud Ohio Railroad
Company for the last dividend reminded that this
scrip must BE funded into shares by the 25th inst
otherwise they will be excluded from the dividend
on 10
The entire finished line Of the chesapeake and Ohio
Canal continues In fine navssble order. Throughout
the past veet large quantities Of every description of
produce hsve been received at Georgetown aud At.r-
sndra and the boats their return trips have bean
well freghted With merchandise from Alexandria
Georgetown and Washington.