The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-08-23

rHuHsDAv, Asgua 32-eP.M
The stock market exhibits new feature. Quota
tons remain without alteration and there nAiss
tions Of any Improvement all events The only I've
fancies in which there has been lately any sxstsmsnt
Erie and Reading Railroad, and notwithstanding
the efforts Of thos- interested in initiating prices the
ruling rates below those current . week or two
since. Reading Railroad has been changing hands
very rapidly during the past three or fsur days. and
It is about undergoing Of those revelations 10 has
periodically experienced within the past ave years.
The Phadelphisns large sellers and the largest
purchasers are from the East. The Bostsaians have
been sadSlsd three four times with this stock ~
high prices, and 1t looks though they
dergoing again the process Spectators In this
market have generally been very fortunate In their
operations in this fancy and have alternately victim
lied the Bostonians and PhilAdelphians The proba-
bity Of advance present prices 10 poor that
purchasers principally those who have ssntrAets
maturing and compelled to come into the market
and supply themselves at current rates Purchasers
for investment In any fancy stocks are scarce.
Erie Railroad stock was moderately active TO- day,
at the closing prices of yesterday. A very largo
amount Of stock is daily changing hands, and tbs
time Is not far distant when this viii be Of the
uncertain fancy stocks the list-when 10 win
be great . football among the bulls and bears
Long Island Norwich and Worcester, or any other
railroad stock was. The speculative movements
which have carried prices for this stock from sixty
TO eighty per cent have been the result Of the most
extensive eombin ,tion of capitalists ever known.
1t is stated in Wall street. and is ssid undsubt-
cd authority that the engagements Of the late Mr.
John Wood In the securities the Erie Railroad com
psny amounted to quite million Of dollars This
will account very satisfactorily for the great advance
which took place early in the spring in this stock Of
this company 1t will also make good the predictions
o; this Journal at much earlier day than otherwise
could have been realized. The price of the stock will
recede to the point from which 1t was spesuativey
and unnsturslly carried. We wish to keep the sub
ject constantly before the eyes Of the public -
shall at distant day, invite their attention 10
past statements, which, up to the present hour,
than corroborated by the facts in the The
receipts Of the road will fall shsrt full $500 900 Of the
estimates Of the President and the semi annual inte
be discontinued after the LIST Of July, 1851
for a number OF years.
The receipts Of the Norfolk County road, In the
months of May, June and July last show increase
OF So GA SO those Of the corresponding months
in ls4s gain Of nearly 100 per cent; while the
penses during the time have increased bat 90
per cent.
The earnings ofthe Vermont and Massachusetts, Rail-
road for seven months, ending July 81, 1880, we're
S9oIs7; In tho same period ls49, $77 l33; increase
over last year, sls.7oa.
The aggregate movements in cotton up 10 the latest
dates in each Of the past two years, have been aa
annexed: