The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-06-18
HONEY MARKET.

HoppAr, June 17-6P.M.
II has been . blue day In Wall street among holders
OF fancy stocks. At the nrst board, Erie Income
Bonds fell OF X per cent; Erie Bonds, new Y; Par
nsr's Lean, Canton Company, ~ New Haven Rail-
road. u; Enc Railroad Y; Harlem Railroad, Y; Read
ing Railroad, y; Norwich and Worcester, 2; Hudson
River Railroad y. Most Of the transactions for
cash, and the bears doubtless awaited themselves Of
the OF portunity to purchase for delivery. At the
seeond board Reading Railroad declined y per cent
and Erie Railroad advanced y. The market closed
weak, with a downward tendency in prices.
The receipts at the once Of the Assistant Treasurer
Of this port, today, amounted to sa0sos paymen ts
sss1le 90 balance. ss-seo,S3s IS.
ne Erie Railroad Company have given notice that
ali Their floating oblis ations maturing before the
LIT Ssy Of september next vii be paid presentation
,ss. t,.trsst The proceeds Of the sais Of Income
rora. \. 10 h. sppsopriatrd to that purpose, and
AMI. alas. Of bond. si be issued 10 any extent,
es.sry TO complst. tn. 70. and quidas the floating
d.bt This movem emit exhibits siderable transferring
espiu. and IL preparing the way for snosner opera
tion similar to THAI successfully carried us IN TO
Ia,ion 20 the last seus Of the second mortgage bon
II stated In the ocsl notice OF the oJmpsny that
proposa, would b. received for Issue OF 900 Of
Income Ronds. bearing seven per cent interest," being
the balance Of issue Of three and half millions,
fer the completion Of the road ITO Lake Erie and for
the payment OF the prnctpsi ana interest the vhoe
net income Of the road afer the lat Of July 1851 and
until the net earnings shall reach 81 900 per an
mum. IL pledged. ressrving o SUFFICIENT sum to pay
the interest the hrst and second mortgage bonds
Here 10 stipulated distinctly, that the Income
Bonds are Issued for IN. completion Of the ro~d
10 the lake, notwithstanding which, We End in
en- advertisements published since the bids for
the bonds opened and accepted that ell demands
sgaint the company maturing on or before the ls Of
September will be paid presentation the Inference
nom which H. that such payments must Ia msds from,
the proceeds Of the sle ~ those bonds the
having no other resource
The Bank Of Utica hes declared semi annual A, a.
dend Of per cent.
The Commercial Bank Of Columbia. a a., Ia. ia
sisred dividend at the rate Of 10 Ter cent per snnum
The Governor Of Kentucky having been legally noi-
aed that $500 600 Of stock been subscribed by nd
yduas In the South Bank Of Ksntuchy subseribed
100000 for the state The Mother Bank OF this nsti-
richest the Green River sounties and In part Of the
State heretofore enjoying but little advantages from
NE banking isstit utions Of the State. q.
Ybe Directors OF the Girsrd Bank have given notiee
nat the stock held BY the bank Win be sold ct pas
y1r per share, giving preference 70 present sock
holders In the proportion Of one shars 70 every eco
nov hsld provided application BE- made - he bank on
- before the isth Of duly rroximo.
The stock of the North Carolina Central Railroad
kss sn been subscribed for and ave per cent the
insslmsps rg<ssd ~ The shssss,, p~sd Ne whole