The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-01-20

MERCIAL AFFAIRS.
MONEY MARKET.

saturuny, january 49, r m.
There is no change in the stock market worth re.
porting. Farmers Loan continues active, but prices
fell of fraction at the first board, to-day Reading
Railroad advanced - per cent A dividend Of two per
cent has been declared the old stock of the Harlem
Raurosd Company; but it had no particular influence
upon the market vslus of the stock. sellers offered
stock freely, on time or any other way and buyers
were by no means plenty. Spectators for a rise do
not like this forced dividend, and believe that the
effect upon the stock will be unfavorable. We find
outside operators selling this stock short which 10
something very unusual. Erie bonds new declined u
per cent and there large sales privately at the
depreciation. Hudson River Railroad fell of at the
first board IL per cent This sale of ten shares at 5s
seller twelve menths amounts to nothing It ia no cr
terion Of the market Prices we're little better at the
second board but the market rather weak at the
close.
Two general banking bills have been introduced in
the New Jersey Legislature in the House. the
other in the Senate The former requires the deposit
of State and government stocks security circu
lsting notes.-the latter allows the deposit Of bands
mortgages county and township securities instead Of
the State and government stocks, and makes stock
holders personally liable, sc. Both bills have bsen re.
ferred to joint committee of the two houses with in
structions to report bill
The London Times, of Dec. 2sth, in relation to the
coasting trade under the new navigation act says
"There five provisions in the Wig alton act
Tin force on Tuesday nexN for regulating the coast.
irg trade II is enacted that goods or passengers
shall be carried eoast1se from part of the United
Kingdom to another, or from the United Kingdom to
the lse OF Man. from the Isle OF Man the United
Kingdom, except in British ships; that no goods or
passengers shall be imported into the United Kingdom
from any OF the Islands Guernsey Jersey AIderney
or Sark shall goods passengers be exported
fem the United kipgdem to any of tina said isl auds
nor shall any goods passengers be carried from any
M fEa lands lf amor
same islands, except in British ships that goods or
passengers shall be carried from part Of any Bril-
tsh possession in Asia, Africa America to another
OF the eame possession except in British ships Her
Majesty In council may regulate the cossting trade of
the colonies on their application, between neghbor-
ing or the coastng trade Of the fame The
cosstng trade Of India is to be regulated by the Go
vernon General Of India. With these exceptions,
there ere no restrictions trade and Wee
sells are now arriving at ports from all parts Of the
world.
The shipments of Canadian grain to the United
States during the past season. have been much larger
than is generally supposed by those engaged In
the trade. The Osvego Times says " The shipments
Of Canadian produce through this port, under the
wsrehonsng law, have largely increased during the
season closed. Among the articles thus shipped
through In bond for export to foreign ports the pre-
sent season, there have been 200 barrels flour
cludpg some 1000 or 5000 barrels to 60 forward BY
railroad Over aud above this amount, few hun
dred barrels Canadian -four have been sold this port
and paid duties here probably not 500 barrels
There have also been imported into this port
bushels Of Canadian wheat, Of which 692 have
passed through in bond for the board and 2fs 997
bushels have been sold, and paid duties here.
n