New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-09-17
aAonED sokAp.
MoNDAY, September l6-P. NJ.


In stocha The marheti very buoyant and the de
mand active. Che advance in Reading is very
rand, sales at the Second Board being made at
81 nhovsing an advance of o " cont siaoe yaater.
dav. Erie and RE Securities were firm and in
demand The inquiry for Governments was fair
ard the market is steady. Tho business Of shs
Second Board Was very large in Reading aud
Harlem.
The unexpectedly favorable position in which
the Reading Railroad has been placed through the
very severe damages sustained by the Uanals lead
ing to the varous anthracite coal regions OF Pennsy
vauis, II will be seen, has caused atlll further ad
vance tie Stock to 81. This advance, we are IN
cned to believe, has its origin in nrm and subStan
sI basis and az she Stock is atill selling at AZ +
cent below par, and much below point which IL
reached some three years ago, when the prospects
Of the Road were at best, of an equivooa cherac-
ter, the probabilities are that higher prices will be
reRchsd undsr the preaent movement before the
close Of this mouth. The deficiency in the suppes
from The Lehigh region and through the medium
Of the Schuylkil Canal, must largely increase the
business Of tho Reading Railroad for the next six
months snd IS the dividend on the common Stock
in January next, and the anticipated dividende Of
1851, were based upon the ordinary business Of
the Road ,his increase of custom cannot fail to
exercise the moss heneh ial effect upon the Rnan.
oial affairs Of the Company. With the business
= hich the Road has already secured, and which
must steadily increase from cauaes too obvious TO
mention, al thar il now necessary is prudent mar.
segment to nlake the Stock ons of the most pro-
ductve in the country. AS we have before stated,
the total investment in the Reading Railroad ia
Gixteen millions of dollars, which includes the
Mortgage and Common Bonds, and the Common
ard Preferred Stock. The net earnings OF ls49--
disastrous year in the history Of the 8chuylkil
copl reeion-we upward Of sic y cent. on the
total Investment. This year, and for years to
come it is reasonable TO infer the earnings OF ths
Read must Sbow steady and large increase.
Any increase in the consumption Of Anthracite
Coal must add to the prosperity OF this great
WORK and the history Of the Anthracite CoGlsrade
shows steady increase In the consumption from
the time when few hundred tuns were the an.
nua supply down to the present period, when as
many millions OF iuns find ready market We
look to wat increase in the consumption OF An
shracite Coal to its very general use in our Ocean
steamers, IS we believe no other fuel viii compare
with ii for generating steam, owing 10 its larger y
ceDtage Of liked carbon. II ia now We believe
exclusively used by our coast steamers; and on
the last trip Of the Pacific the sole fuel used wss
Anthracite Goa. and used with the most ssss.
factory reEuts.
In Ezchmges.the MARKETS heavy and the sup.
ply good. Bills are only in moderate demand.
Leading Sterling sells at lOQ10}, and fair Bills a.
81 %. Some ak months Canson.drawn Bills
sold at 81 . cent France krs scarce and firm AZ
5.2l!a as 90
Freishts are generally held firmly at Is for
Flour to Liverpool, but shippers pay it very IN.
Willingly. Engagements of 5000 or 5000 b6s at
ID lold I 2s, but small portion at the higher
price Cotton 2.l6a 7.32d, Corn 5Q5ld, nominal.
To Havre, Cotton &c, dull. To California, the rate
is 60d90c y loot, Engagements 200 tuns Coal
ct $50
Mr. snowden comes ever to night, and so.uor
row pays cut of our sub-Eroazury Eight Hundred
rhopsand Dollars, including all Mint deposits of
which the value has been Ascertsined The sub.
Treasury paid out to-day sG5o0OO, which is to be
7asslsrred TO Nav Orleans by enc OF the leading
10, yea Of Walss
Tie receipts at tue Sub TfeA-u1y are ss6,03l.
Pay NJ, 'Dts s255sl4. Balance S. Qe8 784
The eSrfiDgs CT the Central tNich, RSilsosd
how & la ger gain over last y-gr ghen ste
Road divided G : cent in etocA. the eesh yessinss