The New York herald., 1850-06-08

| FRIDAr, June 1-6P. N.
The stock market opened heavy this morning, and
holders Of the leading fancies submitted to decline
At the first board Erie Railroad fell of per cent:
Erie Bonds new, y; Long Island, v; Harlem. a;
Reading Railroad, =; Canton Company, 4. US 6's,
1867, advanced y per cent New Haven Railroad. y
There have not been ss many transactions on time
during the past few days ne previously noticed and
those made have been principally buyers option
The approach Of hot weather viii induce many hold rs
OF fancy securities to realize People who wish to
leave town cannot DO with minds ease whom they
have large investments In unguarantied unproductve
stocks Such stocks nuctuste so largely aud deprec
ate 80 rapidly when they take n turn, that no one
wants to carry them, unless they closely watch
the market and avail themselves Of the first favorable
moment to get out with whole skin The idea Of
man going into the country for recreation and plea
sure with his pocket full OF fancy stocks IL 30 absurd
that We do not believe any one can be guilty Of such
reekles'ne1. III people viii buy such trash, they
must remain where they look after IT,
The receipts at the Office Of the Assistant Treasurer
OF this port, to-day, amounted TO sTT053 90; pay
ments, s72 40o 26-balance, 50 46,3SS a.
The amount Of canal tolls received ut Albany from
the opening efnatsstion TO the st inst was SOS se3
a. being increase the period In
1s4e, Of siT.3ls II.
new bank Is about being established at Hamilton
Madison county, called the Empire State Bank-ano-
ther in oswego 1t said by capitalists in Utica and
Rome
The Chssspeake ard Delaware Canal Company has
Just mades report, which gives very favorable sIhi-
bit ofs affairs The receipts for the fiscal year end
Ing on the lst instant. sips 36a ~, being an
increase the receipts the last hscal year of
s2bsl 90 The business of this work since the settle
ment Of its Law difficulties and the great breakdown in
1870, has improved more steadily and more rapidly
than almost any other work Of improvement within
our kno~edge. some eight years ago, its common
loans with 10 per cent Of back interest on them
we're sed At IS to 20 per cent Of their face The an
pual receipt. then little more than su cient TO
pay the current expenses and the interest the pre-
ferred loan debt ofless than 100000 The state OF
Pennsylvania. in lsi2 or "a, held i've hundred Of II,
shsr,, the par Of which was $500 and sold them at
public auction, at the Exchange, for s5 per share
only s25oo The company bought the n and the same
shares ARE nov worth $40 600 The company held a
sinking fund of about 500 o0O out Of which TO pay
about $4,000 Of the Randel, preferred loan, due
July I, 1861
Eastern Railroad stocks have slightly improved In
quotations, within the past month; but u IL stated
that the July dividend will be less tina last year from
various the principal Of which H. the seps
ration which the recent Investigations has brought
about between the construction and xpense accounts
These inves cations have deubtsss reduced the div
dends hut the stockholders have some idea, al
though yet rather vague Of the value Of their isves
ments Boston and Worcester firm st ~ Boston
and Lowell scarce at IL adv; Boston and Provience
dull aud but little doing few persons are willing to
sell the present low prices; Boston and Maine in de-
mand at ios,; Fiichburg and firm at Ill; Che.
shire tales at 43t 80; Concord firm and scarce at
sl, IS; Connecticut River in demand At sl Eastern
frm at loa; Northern firm at 81; Ogdensburs sales
ct 22s; Old Colony dull with but little Offering at the
nsrhet prices. 81 sax; Rutland sales at 53G; YER
mont Central sales at the improved price Of 90
Vermont and M.ssehusetts, come demand at 2sx a
27 WESTERN in demand at lO3 Norfolk County nuctuat
ing At so
The Receiver of the Canal Bank Albany contrary TO
the ordinary action in rueh likely to bring his
trust to a close within reasonable time. lie gives
notice II will he seem 10 holders Of the circulating
notes Cf the Canal Baak that unless payment Of them
s tmAndrd ltheN ere redeemed a. parl within two