The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-11-19
M ON K Y III A n X = r..

The stock market opened much more buoyant this
morning, than anticipated from the complexion Of
things in Wall street at the close Of the market
Saturday. Monday being usually blue day among
fancy stock speculstors the buoysney exhibited at
the first board was indicative of upward move
ment during the week. When we look at the immense
amount Of stock put upon the market, 1t is matter
of considerable asts nishment that prices have
even been SO well sustained 1t shows not only cona.
dence among purchasers but shows that facilities
for carrying these stocks must be easily and cheapy
obtained. The season has, however, pretty we'll ad-
vancsd and the probability Is that within few weeks,
we shall be in the midst Of dull times. We DO not
leok for any important depreciation in the leading
fancies as the prospect in relation to many Of them
Is too fattering to lose sight Of or TO sacrifice by
premature disposal Of stock. Another California
steamer will be along In few days when another
remittance of gold dust amounting to two or three
millions of dollars will come to hand It isimpossible
TO resist the influence OF this Importation Of
gold and we shall probably the effect in the stesdi
with which prices will be sustained tho STEADY
improvement realized In prices for property generally
The traffic Of all railroad companies during
the part has doubt by the cir
cuation Of California gold among the producing class
and the prosperity Of the country generally and
the increased receipts with the improvements made
In the mode Of management have been Of great bens
1t In placing their affairs upon better basis So far
can fptan ifou iheIs uButesi but Iuis
great and favorable change wild continue to be perma
Aent Is another question entirely which time only
will determine. This year railroads have done
well, and the economy and judgment used in the ad-
ministraton of their affairs will 60 q great way to-
wards removing the effect Of Encouragement In
former years.
At the first board to-day, Canton Co advanced 4
per cent Farmers Loan, u; Erie r. r., u; Reading
E.R. q. larger portion than usual Of the transac-
bssrs were taking in many Of their shorts.
The receipts at the office of the Assistant Treasurer
otthis pors to-day, amounted to sos 23I payments,
sso,Zl0 9l-bslsuoe, s3l0s07T IS.
Thus far, the demand for exchange for remittan nee
by the packet leaving this port on Wednesday, has
been quite limited. We have reduced our quotations
for sterling bills We quote on London 9f q 10
per cent PREMIUM on Paris 81 1881 9 81 III; Ham.
burg, % q 3o1.; Bremen, so so4j Amsterdam,
alaHd.
The Bartlett Steam Mills have declared a semi annual
dividend Of three per cent
In the course ofour remarks to Southern planters
on Saturday morning after the nspee ton OF the news
per Cambria, stated that were cognsant OF the
TACT that extensive discretionary orders to purchase
cotton freely, had been by the telegraph
10 all the prominent Southern ports and interior de-
pots, suoh IS Memphis, Tenn; Montgomery, Ala; Ma
con, Augusta, and Columbus, Ga; Cheraw and Colum-
nl& o. Y, &C. We pheeo our remn ke en- the presence
of an extraordinary number OF English agents in this
city for the last two weeks OF whom confessed to
single order for cotton. what astonishes us, In
the face Of these profssscns 10 the vast amount Of
bills Of exchange they flooding Wall street with rs
they had not been extensive buyers sub ross BY tsle
graph. As an instance OF correctness we solicit
attention to the tssgraphio dispatches from New Or
leans, Of Saturdays susinsss-thrse In numbsr-two
stated that the market dull and nothing doing.
Nov know that purchases Of 5000 bales made.
and We have reason 10 believe the sales not .
Bale under 10000 bsiss that day and that prices
closed u higher. All the South the sam. game
has been played, although, doubtless the quantity
bought will be oeneealsd for four FIVE days Il IL
customary for sellers at all the shipping ports TO
cs GALES at the request Of buyers where the promu
CATION Of IL would interfere with freight engagements
bills &C. We have cautioned our Southern friends
early and Il sth.ir fault II John Bu picks them
up The orders iron surope this year, will nearly all
de without limits soy Discretionary, and We have
to believe that early pur shases will be the game
this crop therefore 10 10 plain that the power Is held
bJ the Southern planter Three millions Of bales
absolutely required from the United States TO keep the
spnJles running In motion for the next twelve
months, as we explained few days ago, the best
spinning authority In Great Britain Messrs. Du Pay
q Co, ofMsnchester.
The Csnsndsisua and Corning Railroad is likely TO
tractors About half Of the road has already been
graded and prepared for the track It expected that
the completion Of the line will be cssbsted the 4th
% July next
The contractors for building the road from Attca TO
Hornesvie have psderst thirteen miles Of the road
This Fubeentract extends from At.ics 20 the north
line OF Wsrav and ths sub ontrsctors, we under.
stand, are ready to commence the work as the
survey are completed. The surveyors are nov upon
abe route locating The OF the roador the whole
distance The survey to be mpleted ana accurate
plans laid before the directors thor meeting In Buff
dslo the 27th inst Al that meeting the particular
location IL TO be adoptsd all the business preliminary
TO breaking the ground 10 to be complstea aud then
the YORK under the contracts will be commenced i'm
medistely.
The Northern Railroad from Toronto, 10 connect
lakes Ontario. simeoe, and Huron By an iron band
continues to be warmly advocated and By none more
rtrsnuousiy than by Mr.. Csrisol, the indsfstigsbe
msnsEsr Of the conpsny-s gentlemss OF enlightened
views who seems to have been providsntislly 40
eated At Toronto 10 impsr light TO its benighted In
hsbitsnts. II 1, s.ksning beyond measure to look
the accounts in the Toronto papers Of the sayings
Of the members who compose the Council OF that city
en- the subject Of the railroad In such body, We
might expect 10 and men Of intelligence and indie
pendenee but from their conversation, 10 IL obvious
that they possess little Of either The Legislature Of
the provinces has conferred extraordinary powers upon
them for the express purpose Of assisting to build this
railroads but they have not the nerve 70 carry e.
feet hs purposes Of the act DO believe, from
the eaoces b.fcrs us that they have the capacity TO
comprehend them Looking at the position Of Toronto
on the map, she occupies place Of 70, much mpor-
tsnce TO have her interests committed TO the Of
such short sighted individuals The City Council
hould b. composed Of men Of enlarged views, capable