The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-06

aDssen the psssie expense There they have i'm
pertsnce, and occupy position whion . individuals
they cannot nd and they therefore disposed
to Hitter away time, that the long session can bs
heightened, extra session extend tie short one
We have hard -ompsints lond and deep against
the ovements of Congress during the session just
CLOSED We have never known 70 much indignation
manifested - in relation to the delays experienced in
the progress of important public business the Aus
adjournment without passing those bills actually ne
'oeseAry fer the administration Of the government
during the next nine months 1t Is the prevailing
impression here, that It has bsen for SONS time
Past the intention of the opposition to place OBJ
etscles In the way Of the proceedings OF both houses
for the purpose OF compelling General Taylor
to call extra session of Congress, knowing full well
tho eject Of such sessions upon the party In power.
Whether such has been the aim and object of the op-
postion, not, trust the President will exhibit his
usual good and Hrmnessin this matter and resist
every influence exerted to bring about suoh result.
Extra sessions greater to the country than
tho long terms and they to be dsd the rock
upon which sami nisrstons have bee wrecked
1t 10 true there several most important measures
which should have been passed months ago; they
shosld have been taken up early in she session, and
passed In some shape. that they could have been
put partially into operation. We allude particularly
to those relating to California the establishment Of
nints In this CITY and In San Francisco SO. All the
people ask Of the Cover Is peace and quiet
We want NO more agitation mo more changes. Our
financial end commercial systems, although by no
means perfect will do very we'll for the present and
will do very we'll for long time, with moderate modi-
dostio ms and suoh alterations the operation of the
past tw years has pointed out. The experiences the
New cabinet will gain during the will To of great
service in pointing out defects which have no. yet ap
such changes the best interests Of all classes re-
quire.
II will be some consolation to know that the policy
of the govern ment regarding It's fnan ,e will not bs
dMtureed for ut least sever months and commercial
operations based upon adherence to the present
systems, Will have chance to mature. Changes
which are considered ., necessary may. after the
experience Of another year. bs abandoned and thoss
not contemplated, may be required. The greatest
service Cen Taylor do the country at large Is to
give 1t rest We want reposs to consolidate the sys
tens in operation.
At the first board odsy, Ohio 6's went up \ per
cent; Psnn.yvans SIS, "a; Reading Bonds, 1; Morris
Canal, Nj Canton Co, q; Long leland, u; Norwich
and Worcester, u; Fsrm.rs' Lean, a; Reading Rail-
road IN The bulls ara in excellent 80 rts and out.
eide purchasers are coming in rapidly and with cons.
derable coincidence This is . very favourable and
highly important feature in the market and stron
indication Of speculative movement to some extent
The bears look rather gloomy the reaction not being
sufficiently large to Eirs them . chance to buy
In their shorts. Money is much easier, and
the confidence felt relative to the future hs,
given an upward impetus to prices, which will
be Impossible for the bears to resist. There Is no
doubt but that the next steamer from Liverpool will
bring advices relative to financial and comm rois af
fairs even favourable than those previously
ceivsd. With such abundance Of capital seeking
Investment in London 90 represented by recent ad-
vioes, ard the rae Of Interest ruling at and 2 per
cent, United States securities must BE- sought after
and command high prices United States 6's at SO Ger
cent premium would give the holders four per cent
interest per apnum-a rate above any of securities
Of the government Of Great Braiu-upon much safer
investment than exists the other side Of the
Atlantic
At the second board there were large sales Of the
leading fsncies. Reading Railroad advanced 4 psr
cent; Harlem q; Farmers Lean, a; Long Island, \;
Morris Canal u North American Trust, q. The
market closed with an upward tendency. $751; .l
The Madison and India nspoIis Railroad Company
hav" purchased iron at S45 ton payable In twelve
months after delivery without interest. This must b.
. very good purchase Twelve hundred tons are to be
shipped 80 as to reach New Orean, In May aud June
and the balance duriag the year This iron will com
plete the entire track between Madison and Indian
apoiis Inc company nave recently increased their
capital stock Is per cent Of which incraa.o
or SIX per cent is extra dividend to the shsrshod
ers representing the expen Of earnings Ia CON.
truotion of the road, and 37K per cent is issued in
new scrip stock A. par TO presen stockholdes UPON
which $40 per share is payable 18th nst when DO h
etecks will be issued .'h'
The HUDSON River Railroad Company have issued
tie annexed notice, and selir quent subscribers will
Zee that they must either pay up, stand suit at
law.
Notice Il hereby given lat the stipulated periods for
the payment OF the ninth Rld all .ms Ca
on ths stock Of this Coppsny (eosether uou utp TO
ninety per cent Of the subsoript,on have elapsed:
and has all osf.s where the SAID iustslmsnts or any
such subscription shall be fully paid w a. the Of
nee Of the Company in The city New York within forty
oaye from this date-whtrh payments are hereby re-.
qutred to the extent unpaid ON each sub.
cIiptiop the Company proceed to forfeit for its
ute al shares If rtock with s pa ada there.
on, on which tie es'd jn'tsEentr on tina sx pration
proceedings TO recover fom the subscrbers thereto
The ar cunts respectively due their stock in tbs
udgms nt Ct the directors the interests of the Company
Gnay require. /"
We learn that some wealthy individuals who sub
scribe have stated tpat; is their to re-
sst tie claims Of the Company upon them for the b.,
lance due en- their stock This will give opportuni
II for the Company to tee the question at issue and
setab,h rrecsdsnt In seurts. There no doubt
but tbsttss Delinquent subscr bsrs will IL respenst
IDLE, be'oonreied to pay up tbs instameuts DUE and
S1cse Ioaoe pay will forfeit al tie ments made
stock Exchange. ''
SIGM v Sc, 90 coup iIS1S 50 phs eauto~ Co aazS
$40 tsenn Is sGss $50 do btw S2x
isS ins1 " ss'ee 20 Long ?sand RR Do =.