The New York herald., 1850-12-27
M Or EY bI ARK E p.

MONEY MARK E y.
THURSDAY, Dec 26th g M
The stock market rot buoyant ct the opening,
this morning, as on Tuesday, end the transaction,
were not so large. Farmers Loan advanced two pei
cent to day, and closed firm at the improvement The
in this stock is working admirably to all ap-
pearances and there very little doubt bu. that the
bears will suffer some, before they deliver all their
shorts. The combination for putting up prices for
this stock, Is full strong that In Erie Railroad
with better prospects of The actual value OF
Farmers is matter Of doubt and may, therefore be
above the present market value. This gives an mpe-
tus to speculation and attracts outsiders while Il
must be well known to every all acquainted with
the affairs of the Erie Railroad Company that the ac-
tual value Of the stock is many per below the
market price The transactions In Farmers were large
to-day, principally fer cash. Morris Canal Is moving
upward again, as noticed Tuesday. 1t advanced
u per cent Hudson River Railroad fell OF 4 per cent
stonington Railrosd declined y per cent. Norwich
and Worcester Railroad improved y per cent. There
was upward tendency at the close, and holder,
are by means disposed to sell at present prices
Canton Go. advanced per cent ct the opening, thic
morning, but fell of before the close. Reading Rail
road very active at the first board look for
an advance, In . few days, Of some importsncs We
understand that the company have already made
racts for the transportation OF coal for the year end.
q
year. equal to that to be paid Of the earnings this
This fact alone s sufficient to create demand for the
stock and give holders conhdsnce in Its value and
permanent productivsness. Harlem is steadily in
proving With sales Of than four Thousand shares
prices improved from the opening and closed firm, 1T
an advance of x per cent. Erie Railroad declined X
per cent The transactions were only to . moderate
extent Erie bonds second mortgage, advanced v per
cent. Portsmouth Dry Dock closed arm at Tuesdays
prices Only one small lot changed hands The bulls.
appear to have the bears in tight place and all the
bears can do is to make the best Of It, Their time vii
come by and bye.
The newly elected President Of the oceau Bank, d.
Randolph Martin, Eco IL . gentleman highly ss-
teemsa for his integrity and mercantile ability and
has been de eto the President Of the bspk since tho
Illness Of Mr.. Weed-sbout two months. The latter
gentleman still remains director In the inttutio
though retiring from Its active and aborious duties
The receipts at the once of the Assistant Treasurer
OF this port. to- day, amounted to ss1 4e3 o. Pay
msnts, $4,000 IS. Balance s2,7s5, $40 70.
At the second beard, Erie Income Bonds advanced
y per cent; North American Trust, Farmsrs' Loan
declined per cent stonington, y; Canton Com.
pany 4 Morris Canal, y. There no sales OF
Erie Railroad II appears though the fsucies we're
moved upward just hsldsrs peased and during the
prevalence of such spirit of speculation ~ ct pre-
sent sxists 1t would be the height OF folly on the part
Of the bears to resist the onward current The only
safe course for the bears 10 pursue h to remain quiet
and let the bulls have their way for about thirty
days. Give them all the rope they want ana they,
viii hang themselves margin Of fifteen sod twenty
per cent for fall, s nueh better than Eve or ten
Money Is abundant and cheap. Loans are easily ne
sotatsd, at low rates Of interest," fancy stocks hypo
thecated at moderate margin, and nine out Of every
ten operators In the market disposed TO buy any
IN he N fst NJ
while such state Of things lssts man must be in
sane to sell shert. when . change takes place. there
VIII be ten sellers where there win be ene buyer ana
prices viii run down fast enough satisfy the most
rsvenous bear. Every dog must have his day
The Rutland and W sshinsten Rafrosd Company have
Issued proposals for loan Of hundred and ninety
thousand dollars secured by the rst and only mort
gage on the road The bonds are In sums Of sI,ooc
each, With coupons attached bearing sr per cent In
terest, payable at the Mechanics B.nh in this city
on the first Of January and July each year and re-
deemabls in ten annual nstalnssts, Of twsnty.nve
thousand dollars each from July lst 1856 TO July fs
1854. Shepherd Knapp. President of the Mechanics
Bsnk and PANEL 8. Miller trustees for the bond
holders and hold the mortgage covering the bonds
The proceeds Of these bonds TO be appropriated &c
the purchase Of iren. The Rutland and washington
Railroad extends nom Rutland, VT, to Salem. wash
inston county, N Y, forty miles and forms link in
the chain OF railroads between New York, Troy aud
Montreal and viii b. complstsd IN JULY 1851 Its
one OF the most verabiy located reads In that section
Of country and ts local travel will yield slargs reve-
nue., and has no Grade over thirty feet 10 the mills.
The road is entirely completed eleven miles ana r.
nearly ready for the supersructurs the remainder Of
the distance The road from Salem to Troy viii ~
completed In August, 1851 when the vhcle line from
Troy to Rousss Point, will be in operation
The first mortgage Of s25o ooe, % which the above
proposed lean forms part 10 the only lien upen pro-
perty costing one million Of dollars sinking funcs
for the redemption Of these bonds will be provided by
an annual reservation Of two and halt Per cent or
the capital from the gross earnings BIDS for thsioar
Will be received at the ONCE Of GILBERT Cobb John
son, No 50 Wan street until Saturday tho sth Of
ua ry, proximo, sts o'clock
The receipts OF bresdstuGs into osweeo, from the
opening Of navigation 10 the LIST Of December In eschs
Of the past three years, we're ss annexed -
CcssERcE or 0swEeo-IMroRrsrroN or RspApsrurrs
. ftcY, bAs. Wheat, bu Ccvn. bu.
ls!s. ........ Ssls s5of sos sei,aos-
lsas'. ....... Sl4ees S6s3bs2 as63Ss
lsso.. .2e2oss 3TTso2f sas17f
ny reducing the vhest TO -four, the receipts of yur
n wfll fhns~ fc~ rcao