The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-24
NO N EY n A n X E r !.


Quotations for stocks were very well sdst aimed to-
day at both boards The transactions to large
amount and larger portion than usual for cash Rrie
Bonds new, advanced y per cent Erie Income
Bonds y do; and Morris Canal, y do. Reading r. r.
declined Z per cent; Railroad Bonds we're In demand;
and the operations were to some extent, at an i'm
provsment in prices II IL our impression that rail-
road bonds will in short time be the best invest
ment on the market Most Of them as well secured
and more productive than any security and there
Is no good reason Why per railroad bond
secured BY mortgage property worth three four
times the amount OF bonds issued should be selling at
par or below, when State stocks bearing but six per
cent Interest are selling at ten fifteen, and twenty
per cent premium So tar the safety Of the invest
ments are concerned, We zee but little difference
while one pays per cent interest and the other
not more than Ave per cent on the amount invested
Those who are shrewd enough to secure the leading
railroad ponds on the market at present prices will
before the lapse Of many months have opportunity
Of rssping q handsome proat, should they wish to
realize.
Fifteen per cent Of the principal, and the semi.
annual interest Of three per cent will be paid on the
10th Of October. the Illinois sad Michigan Canal
loan Of 81 10000 Fourteen per cent Of the principal
has previously been paid which with the shove make.
total of twenty nine per cent the 81 100000 max
ing the sum Of s464,Ooe.
me receipts AZ the once OF the Assistant Treasurer
OF this port amounted TO sllse5s IS; payments 500
go S. balance, s5blT ols OIL.
IL appears by teesrsphic dispatch from Cineinna,b
that the Common Council Of that city have granted
the following loans -
Ohio and Mississippi Railroad, via Laurence
cineinbs, and Lexington Ky Railroad, loo 600
Ration and Cincinnati Railroad. ......... $50 900
Belfast and Cincinnati Railroad. ...... 10000
The transfers Of u g stock to foreigners during the
week ending the Goth inst, amount t. $50 $50, Of
which S2T $50 Of the loan Of 1917 aud $4,000 OF
the loan Of ls4s
The pmarks made day or two ,ines relative TO the
great and growing prosperity Of this country in par
tculsr and the world generally confined to the
prevalence Of peace throughout Europe, and the
settlement Of the numerous political questions which
have 80 long aststsd our internal affairs There l.
doubt hut that public conhjenos has been
insta;sd BY the satisfactory adjustment Of the polit
cal diff culties ct the and the old world and the
energies and enterprise Of people Of all classes have
received an impetus calculated TO produce most
trsorJinary RESULT, In those remarks we made no
suion to the effect the production o. gold In Cali.
sorni must have upon the value Of property aud the
movements Of trade ssd commerce throughout the
world, and the influence Of such an influx Of the
precious metals on the currency Of all great CONNER
Cal centres Nhile the INDUSTRY OF Europe remained
dormant under the fears and spprehcnsions caused
by the revolutions and cur own commercial opera.
lions were restricted by the movements Of Congress
and the uncertain condition Of public affairs gene.
rally The mines 81 California turning tut millions
upon millions Of gold dust, and capital vas rapidly
accommodating IT the most important commercial
points ready for active operations when the proper
period srrivod.
1t lie estimated that UP to this time full one
hundred aud atty millions Of dollars gold dust have
been exported from California Of which nearly twen
tyt eight millions have been received at the minis Of
the nted states and probably two millions q dol
Jars worth Of gold dust still remains in the hands Of
dvidusls or has been used for the manufacture Of
jowelry and other trinkets, making aggregate Of
thirty millions q gold dust received in this country
large snount Of gold has been taken 10 oregon and
Mexico direct from the mines without passing through
Fan francisco large amount has been shipped from
San frsnciaco 20 Panama, Valparaiso, Calao aud
ether Pacific porte on English secount and IN. est
mates 81 gentle just returned from California
pvt to-b the icn rJcJus.on " the mines up 70 the