The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-05
COM MERcIAL AFFAIRS.

Re
The European news, or something else, has had
rather an unfavorsble effect upon the stock market
Quotations for most OF the fsnciss fell Oh fraction
and the sales Of Harlem and Reading Railroad were
unusually large The report Of the Reading, got ~ By
large body Of holders has had tendency to degrees
the market value Of the stock and the ansipstsd re-
port Of the Harlem has brought ont . great deal OF
the stock, and created an anxiety on the part of
holders to realize. At the FIRST board TEDDY United
States 0's, 1867 declined per cent; rarmsrs' Loan
Harlem, y Reading Railroad, q. At the second
board, United states 6s, 1857, fell or v per cent
Canton Co, V Farmers Loan, Il, and Rssding Rail-
road, " There we're only three four sales IN the
afternoon, and the market closed weak.
The intelligence from Europe IL rather moro i'm
portant commercially, than that received By ths last
steamer. Cotton lad not varied much, a. regards
prices but the transactions TO o more
limited extent. The arrivals, for some days pre-
vious to the departure Of the Canada, had been
very small. The markets we're more active
but II the impression that the slight Improvement
realized In prices would be but temporary Rsports
relative to the potato crop bad created the armness In
quotations for bressstus but the accounts
the extent Of the disease, conflicting that 1t 10
impossible to arrive at correct conclusion as to the
future influence ON prices The London money mar
ket had experienced no chsprs There was an active
demand fer csps but the Of interest ruled al the
lowest point. CoDsols remained previously auotei
while railway shares were rapidly declining A fresh
panic had broken cut in thu railway market and the
reports published from time TO time 10 the Londsu
psp. exhibit horrible state ofthipg. In the finance.
Of nearly every eomTaoy. Many Of them have been
unable TO declare dividends at all while others have
reduced the rate In some instances more than one
hair AT every meeting OF stockholders ths most ex-
citing scenes take plsce and pretty strong ep-
ARE "a 10 h.
many months similar scenes will be common enough
In the meetings Of railroad stockholders IN thu, coun
try. We are, however 20 fond 81 being cheated ana
svindled thststy expose will BE- received NOR. nhia
sorbiosly here than In Great Britain Stakeholder
In Incorporated esm psnies Of all kinds In this country
hsvt for go many years. aud such sn .normsus ar
tent, been ssinded that they hardly expect ANYTHING
sse and are therefore prepared for the ost
populations and the meet wholesale frauds tia for
inmate that they have made up their minds to thai
effect fer otherwise they would be doomed to d.ap.
poiptn.nt.
The receipts Of the Long Island Railroad comnanv
for the month of september 1870 amounted 40
49, against si5T2T so for tn. corresponding on,b q,
1898 showing an increase, this year. Of sIiss ps or
this increase $3.50 So In local fares ana sass 90
In local freight.
The receipts at the Boston Custom House for ser
tember were s6ot,55o against $500 ls4 IN s,pt.nbsv
1sfs The receipts for the quarter ending s.pt.mbs
80 this year, were tl7e7l67 sgains, s14t4s7I year
ago ,ho.ins an increase, ON last year OF sy5olee
We have received a very valuable little pamphl.,,
entitled Commercial Relations with Foreign Coup-
tries with ssynopsis Of the the FOREIGN
and CoasiDg Trade Of the Usited statesr psbli.h.a
by Messrs. sattsrtbwats a. Brown, Of the Custom
House u Is indispensable ito those engaged IN our
foreign and domestic shipping business.
The report emanating from the arpht Of an.
h'st'rn stoeshoIder' OF the Heading Railroad Com
psny, has made lite appearances. and i, "a no..,h,,
1t may have the effect inter I'D vis.,sa,. ss.o,l,
tive movement In the stock to enable present holders
TO clip out ltsppetrs by this r.por, that N. u.b
ties OF the company at three periods wer. sansx.s
hrsniNu can Roam
NUr. 30. lttL Non. %. 1919 yyor a1fcl,