The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-22
NJ NEY III RK L II.

Loan, at decline Of u per cent. North American
Trust advanced / per cent with small sales. Long
Island, "a within the past few days, there has been
considerable activity in this stock ana the advance
has already been nearly three per cent 1t requires
but little money to carry large number OF shares
and 1t is probable further rise will be realized We
have noticed that those utsy ested in the agement
of the affairs Of this company have for sometime past
been trying to deprecae the market value of shares
for the purpose doubt pure hasing decline
Not having succeeded in depressing prices they have
doubtless come in at the current rates Morris Canal
opened and closed without any material variation In
prices. We stated q few days since, that there was
q strong party trying to depress this stock, for
the purpose Of buying in several Thousand shares
and 1t srpeers that they have partially ac-
complished their object. The point they would be
disposed to in ct has not pired but they
have a very good opinion of its value an invest
meHt, at prices much higher than those ruling II
is altogether likely that they will not let the present
opportunity pass. Canton Co. has not been in very
active demand lately and the aggregate sales daring
the past week have not amounted to more than one
thousand shares. The fact is the price is too high
and outsiders afraid to touch It, Portsmouth Dry
Dock has receded in prices within the past day two
but holders have offered very little stock Those in.
terested have full confidence in its ultimate value and
advan ages an investment at present prices. 1t Is
considered by many worth ct this moment from fifteen
enty dollars per share without any improve
ments than already exist. Its water power alone is
said to be worth the market vslue Of stock The de-
cline In Reading Rsilrosd shares has not frightened
holders and the de- mand continues active any
time this season The immense receipts Of the COM
pany fer the transportation OF coal, must ex-
ert great influence, not only upon the minds
Of Spectators in the stock, but upon the actual
value of the shares an investment. The
a., In he N av h.k
the movements during the past month hive shown
that helders control prices at pleasure Norwich
Worcester has adv anced about two per cent during
the past week, and will without doubt, steadily ad-
vance. At present prices IL 10 twelve per cent stock
Is officially stated that the net earnings are equal
to dividend Of Eve per cent the par value OF the
stock and the shares selling at about forty dol
lars each for eighty ave paid In It Is Of the most
desirable purchases the list. Two and Q quarter
per cent dividend has been paid this year and three
per cent viii be paid in January next making dvi-
dend for the year, Of Eve and quarter per cent II
the Company earn that now any increase In the re-
ceipts will increase the value OF the stock Erie Rail-
road stock fell OF to-day three quarters per cent with
moderate sales. AZ regards this stock, have had
but one opinion; every month only tends to confirm
and strengthen that op nion time will show that
II has throughout been correct The market value Of
the shares has been much better maintained than was
anticipated, but the has been the speculative
feeling In relation to stocks generally more than it's
own merits as an investment As for the bonds they
are all cheap at present prices and l.ng as the
money market remains easy, they must steadily i'm
prove. IL must he borne In mind that they are all
seven per Mt securities and long ak per cents
bear premium, these must be sought after by capt.
ta,ists at current rates Delaware d Hudson Canal
stock has fallen on two per cent reeentiythe result
doubt, Of the increase IN tn. capital stock Of the
Company The dividends will, we learn continue un-
diminished Very little stock has changed hands ct
the depreciation.
The receipts at the ses OF the A,sstant Treasurer
Of this port, to day amounted TO sTo1o6 So Payments
sas063 II. Balssce SabssA36 IS.
At the second board, Norris Canal advanced y per
cent, with lsrs. GALES North American Trust 4;
Delaware and Hudfon Canal declined per cent; Long
Island, - Erie Railroad, " The market closed
steady. The reaction realized today will not last
more than day or two We have no doubt stocks
generally will be higher at the close this week than
at the close ofla 10 s the impression In the street
that some Of the shorts will find themselves in tight
place before the lapse Of many days They have been
selling too much stock lately lev prioes aud cousi-
dsrsble difficulty will doubtless be experienced In
making deliveries.
There was sctive demand to- day for foreign OF.
change and the ,upply ofstering bills on the market
was limited. Drawers have put up rates and we nov
quote bills on London at 10Y IL per cent PREMIUM
on Paris o. 1eA . ST. Isl Bremen, 50 sox Ham.
burg. &c q sex Amsterdam, Al Az.
During the week ending the 18th inst, there wa.
transferred at the Treasury Department on foreign
account. $4,000 Of the loan Of lss7.
The value Of merchandise exported from baltimore
for the week ending the 18th inst was s235 4ii a.
Among the arr cles exported were Zoo HID. of teb.e
co. and pTs5 bills -four
There are large forces engaged on the sehuylkiu |
canal and the work is pushed to the full extent Of
the ability to obtain hands at the present rates O.
wages The water IL already in the canal from Phs'
delphis TO Oaks Outlet Lock, four mile. below Php.
nirvills and El.oOd Morris, Esq informs us that |
the water will be In far up Reading by the first
ofNovember All the dsmsge from Pottsville TO Lords
Dam above Port Clinton. will be repaired by the first
OF December, and there remains no further doubt -
to the ability of the compsny to have the repairs CON.
pleted 80 as 60 resume business By the opening Of
navigation in the Spring
During the past week, money has been In more ac-
tive demand for commercial purposes, though the
market cannot be regarded ss ct all tight The rate
Tor good securities ranged rom . per cent There
has been but little done In stocks during the week
except In Bstin and Ohio Railroad Shares toll.
erabiy large amount Of whish changed hsnds. The
recent dividend declared by that company together
with the annual report 81 the president which is
understood TO be quite Hsttering as TO the future
prosperity Of the road has favorsbly Affected the
price Of the stock and further advance Of upwards
Of two dollars per share realized during the week
nS gus .t.o /