The New York herald., 1850-09-20

lowest point, have abandoned al such hopes and are
avaling themselves of current rates to take their
chance In the upward movement. Holders OF the
fancss have been fortunate, and WILL without doubt
reap rich harvest The stsadness with which prlese
were sustained throughout the dull season. aud the
confidence entertained by holders in advance,
for long time the only indications Of probable up
ward movement In any of the fanoies within tho
past two weeks events have ranspired Of the
sfactory character The adjustment OF all those i'm
portant questions which havo SO long asitated ths
public mind and the speedy adjournment Of Congress,
have strengthened public confidence In the permsnsncy
Of our present prosperity, and created disposition
to enter largely into operations of all kinds Com
hdence is credit and credit is the basis Of all
nercial prosperity without conflen all the gold
in California woad not suffice to carry on the most Ii
mited amount Of commerce with confidence, mode
rate amount sufices to carry on the most extended
mercantile operations At this moment we have n
greater abundance Of gold and silver the basis Of bank
credits, than ever before known; and the immeus
amount of capital which has been idle, partially
count of the unsettled state of public alrs ant
the apprehensons existing that serious difficulty
would grow out of is fas. finding Employment in the
numerous channels Of trade, and in all those public
securities in which there is any margin for an i'm
provement Had Congress adjourned without dspos--
ing OF the cxcsble questions which been long az
iEsuewc should have been pared FOR dierent state
Of things, and should hsve counseled caution and
traction; but nothing ia the future cacu-
lated to excite apprehe nson distrust With
sive and steady remttsnces Of gold from Oalfornis
with speedy dsplston of the sub-trsasury ander ths
appropriation bill With the tournament Of Congress.
September COY anda respite sixty days from the eyi
tation and excitement caused by taa. bodywe see
reason why there should not be q buoyaooy in every
thing otei w.h. financial and ,rcal Affairs.
and the sftablishment OF public condi.nce upon
ioundstjsn as solid Gs before known.
There is sn abundance Of all the most prominent ar
tlcles OF commerce. The supply OF cotton and cora
will without doubt be equal IS the demand, and rus
at moderate prices We see possibility OF any spe-
ouatve ytment spsnging up in any staple prodact
Of this any other country. No.hins bat 3e6cien
cy in the supply can at any time create speculation
and there Is very little probability Of such cause
istng this We therefore outlet for The
speculative rropensties OF the public but stock
market and judging from the improvement already
realized in prices there is very little doubt bu; that
the upward movement has fairly conmeAced, aud
Is likely to continue.
At the fret board to-day Erie Income Bonds a.
vanced y per cent Erie first mortgage bonds, u
Erie second mortgage Bonds, u Penny vania SIS,
u Illinois Interest Bonds, Canton Company =;
Farmers Loan, u Erie Railroad, - Harlem, = :.
Reading Railroad a. There large sales OF all thu
iancies, and active demand for railroad bonds Ini
nos Intern al Improvement Bonds held at ad.
vance Of three per cent on previous sales The mar
set closed very buoysnt.
The receipts at the oloe Of the Assistant Treasurer
of this port to- day, amounted to slo5l3s IL pay
msnts, S50,ss2 o2-balsnos, s547o.6s6 50.
The Reading Railrosd brings down about thou
sand tons of coal per day equal to ortywo thousanf
tons per week At this rate, the earnings viii amount
to about seysn:J five thousand dollars per week,
three hundred thousand dollars per month The rail-
road bring down at least 900 tons per for
twelve weeks. to December Cd; % 600 tons weekly
from December I'd to December 3st, four weeks and.
from Soooo to S5 coo tons per week throughout the
winter, from January lst to March LIST, nine weeks
At this rate. the aggregate receipts from September
18th, 1850 TO March 1851 will b. 900 tons The
advance in the market value OF the shares OF the
Reading Railroad Company is caused entirely by the
large amount of business In anticipation, and ths
gross earnings viii be much larger than estimated
early In the -ssson that the dividend calculated upon
will without doubt be earned 1t Il stated that the
running expenses Of the road have been materially
reduced so, tho increased income must have very
favorable influence upon the anances OF the company
and make the advance already reaiiasd permanent
1t Is very seldom that such rapid improvement In
the market value Of any fancy railroad stock, hs
been experienced In Reading Ia the result Of anything
more than speculation or some cornsring
In Wall street; but In this oass there is sound and
solid basis for the advance and IL impre.sion
that II Will progress s furthr-that there is still
margin left for improvemsnt-snd we have no doubt
but that the movement for some time will be upward.
Subscriptions In the city Of Syracuse for tn. nee
stock Of the direct line Of railroad from Rochester to
syracuse amounted few days since TO s2O9oco
We gave. few days since, extract from the report
Of the Hartford and New Haven Railroad Company.
showing the aggregate earning. the year and FOR
several years previous The annexed extract IL more.
in detail
H.,r,osp .Sp Nrw U,,,S E.nro,a
Receipts for ysrr ending .faspa Ji1, $50
from pascngefts sss.. .NSbSOjs W
Rants, wharfage, .ieanbcat;,
MALE, and expresses: 80. 4oi7a IL s4eOpSi Is.
The expenditures for the same
period for operating and re-
pairs of read aud incidental
erpers sc.. we're. .......... liI go ~
Repairs Of equipment, includ-
Ing the sum Of $4,000 paid
fer new engines and cars. . .asi5 %
Interest paid ON bonds and
"hhf. .'s...ss..... vsN-N " S-stiNS 70
Balance Of net receipts. ..............S Sase.Ss o.
The receipts Of the road from freight aud passengers
'hov very large and constantly psoSreslse increase
during each year which has elapsed since the CON
Iletion Of its extension TO Springfield.
For the rear ending September 1857. ths receipts
FOR the year ending ssp,sabci ISIS -. 5sif5ss 81
For the year ending september l. isio. :. s5sefo %.
For the year ,ndins september / is5o. ssoS,5 g
Increase. ...... sti85N ~
II will b. that In the expenditures Tor the year
ending August Si. 1850 the sum q s2DOoo has been
paid for ne- engines ami cars. Ibis sum Is believed
TO be more than adequate 70 the appreciation
nom the wear and decay q The pasuss Of IN. road
the pact year. According b the above sssemsnt Of
expenditure II appears that the sctual currs.t,-
penfss- those which should iegtiaiat,Iy be dedue,sz
mihe srots tafnings-smounic1 b oniy sf76sy4oo
or about thiriyfour per cent Il this correct. Il 10
m rl be oN he A
rad mana cement of the NEST mpo,tan. chara.,s,
During the year four passenger trains h.vsrua each
way b'tEetn sPrngaold and NtW Haven snd,inee th.
month q Arril another passen-ar tr.in In o,nr 70