The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-12
co N N ERCiAt AFFAIRS.
MONEY MARKET.
Thursday, Oct. H.,

Inursuay, Octs ll-o Fs Ne
There not much activity 10 he street day, end
the transactions almost entirely confined Har-
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 tor the bears the sales days
amounting to three aud five thousand shares. The
sellers those who have It'll lately been the rmsst
holders The bulls very anxious for outside hold
eys fancy increase their line, to make
what they call good AVERAGE but outsiders appear to
have had enough of these as they have usually
found that they have Increased rather than reduced
the loss The bears 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 position among outsiders to
purchase any Of the faDc- for RISE than during the
height Of one of our old fashioned panics but, the
contrary, every one wants 10 get out first at as little
loss 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 Philadelphia account He has been
pretty freely supplied with the stock, but he prefers
purchasing long time, buyers option. 1t cannot be-
otherwise than temporary improvement, as holders
here all anxious to realize Eastern holders Of this
stock closely watching the Market and WILL doubt
less seize the first opportunity to play the trick
upon the Philadelphans, that was once played upon
them 1t Is our impression that the Philadelphians
little sharp for the 8otonisns at all events,
so far Reading Railroad stock is concerned.
At the first board to-day Heading Railroad advanced
u per cent Canton co. - Long Island 4. Harlem
fel of Il. At the second board Harlem declined
Erie Railroad q. Reading Railroad advanced %.
1t is stated that several directors OF the Erie
Railroad Company, having secured their election for
the ensuing year, selling out their stock
The sales have been unusually large within the
past day two, since the books opened; aud ..
decline OF nearly two per cent has been realized.
We are approaching the close Of the present fiscal
year. when all OF our railroad companies will have
to post up and balance their accounts There is
siderable curiosity to the result Of this years bust
The receipts at the Office Of the Assistant Treasurer
of this port day amounted to S3i 48 So Payments
$40 $50 Balance SO s3I O56 H.
The Erie Bank of Pennsy ivsnia has resumed specie
payments, and its redeemed in Buffalo ct one
per cent discount.
The total amount Of gold received in this country
from California up TO Oct TO- (Which includes the En-
pire City) about So 900; and 1t Is estimated
that least 600 GOO in specie has been taken that
country for the purchase of gold dust and by emf
grants
The Manufacturers' Insurance Company of Bosteu
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 each
Of the past two the cost Of the road Of each
company. the aggregate cost Of ALL and the average
coat per mile In each year.