The New York herald., 1850-06-07
~ q N E v d a u x e II.

MONDAY, June Go p. NJ.
The European and California ,tf.ned the stock
market this morning and holders avaed themselves OF
the advance in prices to realize to great extent -
The transactions in fancies were large. There was
not much inquiry for government securities and
nothing definite was known in the street this
Ing relative to the extent Of orders received by the
America. Quotations on the other side wthou
alteration but prices rule high here that remittance
cannot be made TO sell In Londoa at current
within the past three weeks U. s. 6's have advanced
about one per cent aud orders made up the other
Side upon ths prices current here whom the steamer
the fret Of May left, csnno; be- fulfilled.
At the first board today Erie bonds. new. declined
Y per cent Canton Co. advanced "a per cent; Long
Island. y; Harlem, y; Reading Railroad. u. and uud-
SON River Railroad, 2. greater portion Of the sales
today were for cash.
The receipts at the ocs Of the Assistant Treasurer
of this port to. day, amounted to ssi53o-pay yments
ga 4s9 60 balance, s3.4ll,73s 73
The gross earnings OF the Erie Railroad Company for
the mouth Of May. m.untsd to sl4s 2s6 55 for the
same month in 1slo, SOC ooo S7-iucrsase this year,
$S2lso IS. The length Of road In operation In May
ysar go miles; this year. 43o miles The gross
csipts for the nrst Ave months this year to
seas 955 the receipts for June amount to s1l5 900
The aggregate for tho six mouths will be s75oOOo-
equal to 900 for the year To reach tina estimate
Of the company, the earnings for June foot up
e2l6oc0
The earnings Of the Harlem Railroad Company, for
May 1850. amounted to s4A44o 80; same month last
year. $3o574 s5-incresse, May. 1850, $7.s71 2s.
The Auditor General and State Treasurer OF Penn
syivana, has certified 10 the Canal Commissioner.
that there win be $25o0oo In tho Treasury applicable
TO the completion Of the North Branch Canal and the
contracts the completion of the canal BE- made
accordingly.
by recent decision Of the Supreme Court Of Ten
upwards Of 100000 Of the amount lost BY the
Nasbvills Com pany
Quotations for most Of tho public securities In this
market steadily working up. Many Of them rule
higher than We have known foe years. and many Of
then have become much inflated that at present
prie~s they pay small rate Of interest compared With
what cur capitalists have been used to- Moneycd
prefer leaning money four and Ave per cent interest,"
good collateral sscurty to purchasing stocks Of
any knd current rates. which accounts for the large
amount Of cspital snost, seeking employment In the
channels Of speculation and commerce. Tbs danger
efa sudden decline In prices for stocks geners,ly 10
greet that cautious capitalists land Of
ususly timid than those Who have little or
ncthng TO oseJ cannot be induced 20 tsuch them In
any other way than security tor call loans. st
rate Of interest beow the legal standard In this way
they avoid s the risk Of depreciation and Of
rturn' for their capital An individual Who puts
Of getting the ssme amount back again. and may he
compelled In the event OF any sudden necessity for
capital totuhmit TO depreciation Of several per cent
The amount Of dufhs paid imports into this port
for the eleven months ending Jun. I. 1880 s22-
ps2 s25 "a ssainst sls4ss2s IL for the corresponding
period the previous year, showing increase Of s4
Sol zol IS
with ooe or t~o exceptions, the manufacturers OF
tbs United States In . more prosperous
condition. and thcse exceptions th. result Of
he'd management, than Of any bad egisiation on the
part of Congress- The timc has passed whss the
sro.n manufacturing corporations Of New England
can bring influence enough to bear at w..hinstop TO
carry through tariff foe their especial benefit The
public mind has become awakened to the mon opoIy
sfS capitalists enjoyed. to the injury of almost
sry other class In the country and alteration Of
the act of ls4S (ohsrwse than perhaps the doption
I'm Of sprchc rates In the place of the al
vsiorcm SYSTEM, out Of the question Forthe purpo-s
Of sho~ing that the Eastern have under
all tariffs made good dividends We annex table
sho~ing the annual dividends of the principal CON
psnirs for ten wars.
nrwt 10