The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-07-16

MONDAY, July 15-oP N.
Stocks fra to-day, though not very much In
demand. Some few descriptions advanced ON last
weeks quotations Erie Railroad, al Harlem Rail-
road, X Hudson River, Erie and Reading bends new,
each Y. At former rates, government stocks main
taintd firm position.
The specie exports for the past week were $4oo,o70
Total for six months since January 1st $3492 9s1.
The receipts from customs last week were 80
Week previous. ..'...... o@''@oo W
Increase the last week. .......... .S227os3 ~
The wool crsp is attracting much attention at the
West and valuable statistical facts have crowded upon
rs within days with respect to the wool clip for
ths present season.
The shipments Of wool from Cincinnati, this season
90 LIST Of July amount to 1874 bales and IA, 800 lbs
against el3 bales $50 lbs to date last
steamer at st. Louis, from the Missouri river, dis
charged Isl bales ua4a2 ibs) ofwoOl, which had been
shipped from Bonneville in one lot 1t went directly
forward.
At Pontiac Michigan, to the Goth ult., 100000
lbs Of wool had purchased Of the clip Of 1880
In Brooke County, Va the clip has been good, and
nearly all the best sold ct 400 per h. Some Of su-
perior quality taken at 45c. and for few lots,
very fne and clean, Soc asked AtWheeling there
have been free arrivals and much activity In wool The
sales ranged ct 2oc 37hc for general receipts but
some small lots superior had brought 400.
Some time ago the Wool Groper specialized rs fol-
lows indicating IS 100000 lbs the quantity which
will probably be wanted the present year for domestic
consumption
"New England contains ct this time, four hundred
voonen facttries capable Of consuming. when in
full operation, thirty million poun Is Of wool To
supply this quantity she has the surplus received
through the New York canals, three-fourths ofthe
importations about ons-quarter Of Pennsylvania re-
septs and the surplus from her wool New
York canals IL 1871 400 lbs New England surplus ssy
5000 coo; Y inportations 100000; y Psnnsyl-
vanis receipts, 2soO00. Total for New England
s34l2eU2 lbs.
anew York produces about twenty millions; and
there was received from the West, BY the way Of Buff
faio eight millions and squarter more, which would
leave eight millions after dsducting the amount
received through the canals, for home consumption
But to this Is to be added about four millions Of To-
reign wool, making q total consumption OF at least
twelve millions Pennsylvania and New Jersey CON-
sumo about ten millions more, and the consumption
In ell other States viii make about six millions more
It would require, then, for the consumption OF the
MANUFACTURES, for the coming year, IL the fabric
should be in brisk demand not less than sixty-hvs
millions Of pounds"
In Mseomb, Michigan, about 100000 lbs. wool have
been this year already which Is double the
product of that county in any previous year. The
average price has been about 30 cents per ID.
The shipments East from Buffalo, the last two days
Of June, amounted 10 ia, 600 lbs.
Our Canadian neghbors bestrring themselves
very actively upon railroad projects and dis
posed to invest considerable amount of capital for
the extension their railroad system The Champlan
and st. Lawrence Railway Company have got their
bill through the Council, at Toronto and the friends
Of the enterprise firmly believe in the speedy extern
s.on Of the road The company have commenced
breaking ground, and the work Is to be finished In
ninety days This route Ia . short one twenty three
a. n ntrvn M
road could possibly extend. The survey presents
a dead level grade from beginning to terminus,
free from q single hollow embankment OF more
than four feet In depth, with the exception Of
two small rsvines which IL crosses and intsrsects
The road has been in operation for fifteen years
from Laprairie to St. Johns, and viii now extend
10 Rou,e's Point at the head Of Lake Champlain.
The people Montreal determined to establish
and extend lines to connect their city with Quebec
AID the Lower st Lawrence with their eastern town
ships With the States contiguous, via. New Hamp-
shire Vermont and New York and through these with
. the Ports Of Boston Portland and New York. The
Montreal Hsrsid Gays -" Thus uniting in one com
bned operation the trsc both Of the Ottawa and the
st. Lawrence will convey to Montreal In uninter-
rupted line OF peculiarly her the
commerce Of the West OF Western Canada, and the
western Lakes and Of the great and growing Mining
establishments on Lake Superior, the Lumber trade Of
the Ottawa and all the collateral branches Of trade
growing out of connected With II the produce
of the extensive and fertile peninsula lying between
Al. OTTAWA and St. Lawrence on the line embrsset
betveen Grenville the former and Prescott on the
latter river and lastly the aud trade OF the
natural back country Of Montreal comprised In the
.ounties Of reuebonns Two Mountains and Ottawa.
An this Il is to effect BY the projected
.rtsnsian of the Montreal and Lschine Railroad TO
arenvilie and uswkesbury on the Ottawa and from
IN. nee to Prescott on the 81. Lawrence"
with the great combination OF river lake, and canal
navigation In Canada enterprise Is much required
nv the people Of Montreal They wish to cut canal
40 connect the waters Of the st Lswrence with Lake
Cbsmplain Some faplt is found with the propretors
for not carrying this affair and the government has
urged to take the matter up and to complete the
..p proposed 20 pledge the tolls and the credit
otthe province, to accomplish the work Aconnection
h.treen quebec and Montreal is also proposed This
vould he effected by Junction With the st. Lawrence
.,a Atlantic Railroad, at Melbourne the st. Fran
,s River and seems very feasible Other projects
also. advocated With much seal. They are all con-
.ct.d With the net work Of rails In States ss will
ne seen by some further description Of them There
a. ars, the ST. Lawrence and Atlantic Railroad com.
,ucins al Lcngueui opposite to Montreal, aud which
daily and rapidly to its termination at Port
nd IN the state Of Msine secondly the ST. Jsvrence
.a lake Champaign Rsilrosd; aud, lastly, the Lake
81 Louis and Province Line Railroad, projected TO
commence at the Indian village Of osughnavass and
q. extend 10 the frontier there TO cNnect with the
Montreal and Psttbursh line, aud By such connection
.cmmpp,osts directly With the oriensbursh 2ailrosd
and the sourishipg town Of Piatssbursh on LAX,