The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-12-16

HONEY MARKET.

Saturday, Dee I5-0 p, M.
The stock market opened heavy this morning so far
rs prices concerned hut the transactions In the
leading faucies large principally for cash. Az
the first beard, Reading bonds Farmers Loan and
Ps-lem fell OF u per cent each Morris Canal y, Can
ton Co. anu Long leland - each, Norwich and Wor-
cester y, and Reading RR u. At the second beard,
Reading bonds declined Z per cent, and Reading RR.
y. The market closed with downward tendency.
The decline in Reading RR which have anticipa-
ted has commenced and the bulls will probably have
to submit to much lower prices. Quotations for all
the snces heavy 81 both boards, and the indcs
lions in of return to old prices The recent
furry In these subterrauesn securities has increased
the supply in the market and the bulls are less able
to carry them than to the temporary innaon
The Fitchburg Railroad has declared dividend of
per cent payable the LIST Of JaSulry to holders OF
stock the 18th inst Also interest on the stock
at this time After paying this dividend the
corporation has surplus for the year Of S5o0Oo-msk-
Ing the whole amount of surplus hand to be $4,000
The Canal Commissioners Of Penpsylvapia have
Issued orders of the water from the canals Of
that State on Thurdsy neat the Goth instant, II not
ner clcsed by ice.
The Portsmouth and Roanoke railroad attached
by its creditors, sold at auction aad purchased by
Mr.. Rives He at once proceeded to take up the rails
On complaint he for injury done to the
railroad granted by the legislature public
venience, highway and that neither the company
individuals had right to take up the rails, take
any measures that would prevent its public
road.
The Os~ego Times, in speaking Of the commerce of
that port, says
The shipments OF Canadian produce through this
port under the Sarehousny law has largely increased
during the closed Among the articles thus
shipped through in bond for export to foreign ports
the present there have been 200 600 bills Of
-four some 1000 or 5000 barrels 20 forward
by railroad. Over and above this amount, some few
hund ed barrels OF Canadian -four have been sold at
this pert, and paid duties hsre-probsby not 500
barrels here have also been imported into this port
62390S bushels of Canadian WHEAT OF which 3799l2
bushels have pased through in bond FOR the board
and 243s91 bushels have been sold, ana have paid
duties here.
The Canadian wheat crop Of this year way uncom-
monty abundant, and Of excellent quality, nearly or
quite equal to the best samples Of leaesee By the
purchase and mixing Of the last named quantity OF
Canadian wheat, millers have been enabled to
nufscture into euperGns -four over million OF bushels
Of low quality of upper lake wheat which would net
make nour required by New York inspection for super
I'M. The process Of mixing mas tended to make good
market and to enhance the value of both kinds this
point"
To show how rapidly the commercial and sgricul-
tura interests of Canada becoming identified with
this country it Is only necessary to state that last
year about 80 COO barrels Ct Canadian flour and meal
reached New York, while this year than 200 900
barrels have been put ia bond at the Atlantic Dock
stoves at Brooklyn There are, at this moment,
$4,000 barrels Canada -four ard 90 COO bushels Csnada
wheat, IN store, waiting shipment to England and
elsewhere every barrel Of which, Of course, passed
through the Oswego aud Erie canals. But what will
most surprise those who have rot kept pace with the
Canadian trade Is the that there are vessels at
this moment at the Atlantic Docks taking in Canadian
-four and meal for New Brunswick, Nova Scotia, and