The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-27

CO li NE RCIAL AFFAIRS.
MONEY MARKET.

Friday, Jan. 26-6 II. Nj.
The gold fever RACES high in the street. but quota
lions for stocks have not been much affected. The
bulls and bears carrying desperate game, and
every report frem tho gold mines distorted In every
way to answer the purposes Of each party The bars
Of gold exhibited In the streets yesterday represented
to have been received from California via Valparaiso
and the Isthmus Of Panama, created momsutsry ad.
in prioes for fancy tocks but ha, not been
carried to the extent aptic est4d, and the bulls ore
somewhat disappointed. 1t appears to be exceedingly
difficult to get up prices. With very easy money
msrketa very reduced rate Of interests with the pros
pect Of large importation Of gold from Caor aa and
an active business upon the opening Of the spring,
fancy stocks do not move up than fraction week
after week The bears appear to be impressed with the
idea that prices for most of the high nouRh
that they selling for all they worth aud that It
will require very large importations of gold from Cali
forna come other place. to initiate them beyond
present limits At the first board to-day Harlem ad-
vanced per cent; Long Island a; Canton IL; Far.
me1s' Loan u; Erie Railroad u, aiding Railrosd u;
New Haven 2s; Pennsy lvanis Sc "a; Indiana SIS u;
Treasury Notes ~ Erie Railroad, old, declined J,
per cent Erie BondsL.
At the second board, Treasury Notes advanced per
cent; Long Island u Harlem declined u, and Erie
Railroads.
Specuatiors in estate are getting the steam up
pretty fast There have been large sales of city pro-
perty, both productive and un productive, within the
past month, and prices ct least twenty per cent
above there current last year. q. this tae hays been
esaliGsd.
The Madison and indianapolis Railroad have de-.
eared divide nd Of ak per for tbs last Ave onths
The dividends Of the company will hereafter bs paid
January and July.
The Hudton River Railroad Company have called for
che ninth installmept OF ten per cent On th. three mil
lion steck subscription payabis during the month Of
February.
The writing part OF the counterfeit ten dollar bill OF
the Farmers and Mechanics nix of Rshway noticed
few days since Is in imitation Of the genuine; but In
the ornamental part there is attempt to copy the
style Of the genuine. The principal vgnstte in the
genuine is the arms Of the State of New Jersey The
best guard the counterfeit is to refuse all these
bills of thi. denomination. having the word ten In
large capitals OF the snd there being nothing Of the
hind in the genuine.
The time stipulated by the act passed BY the Legis-
Iature Of Illinois, for ndng the bonds Of the internal
impovems mt debt Of that State expires the 10th of
March next. Interest will cease, ON that day. oil
bonds not funded Outstanding bonds can be funded
after that tn,e but they will lose the interest for
what time ntervenes between the 10th Of March ana
the time Of fun ding.
Ths transportation tho Delaware and Raritsn
canal for ls48 was Coal 4s5754H tons; 5749s bbis.
-four -36 OFT bushels grain and -four; 10 34 toms OF
ron 16 sos $50 feet of 9o464 tons Of MERIDIAN
disc The total paid for for the
first half year or and for the last half year.
Slsoo4e o. The expenses 1923 4ol 49, and per.
mansnt outlay of 500, COS 80, as capital.
The lset annual report OF the Long Island Railroad
Company gives 9 very favorable statement OF the
affairs Of the and the operations Of the past
year The most favorable item In thc repor. Is the
reduction OF indebtedness The debt on the Is. Of
January, 1S4e, amounted to Si4os09 The reduction
within the past tive years has been annexed
IosG ISLAND RAnRoAp-AMovSr DEBr.
Aggregate middleton Of Company Nal Sn st7a77 20
do. do. do. Jan. l, lsi9 &tjS,S 81
Reduction Of debt since Nay, 1871. fiEg5 -
There have aso been paid claims against the company
which existed prior 10 May, 1sl7 am painting to SAL
seq 90, and Oh account OF the Btookiyn tunnel,
Sel41 30 which, with the reduction In the debt above
named make the total decrease the actual @bllitieo
Of this company since May 1877, Sl5797a4. within
the period there hss been pail gu account OF con-
atruotion and for ed htisnAi nss cars, ths sum OF
$50 Sl54T
The capital stock OF the company outstanding Is
1870 sberes The par value Of which $50, making an
sFgreeate OF 50 10000 This With the debt u SAW
sos o. rcskes tho total amount Of liabilities 0lo 3oS
p7-to represent which the company havs &c niles