The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-06
MON EY M A n X 4 r /.
THURSDAY, September SO


Quotstions for fancy stocks steadily settling
down The market opened heavy this morning. and the
ms were only moderate extent The lead
ing those which there has BEEN during the
past six months the greatest speculative movement
are now falling on more rapidly than those which have
heretofore been more neglected. With nothing In the
world to sustain prices Is matter of considerable
surprise what prevents them from falling back
to points current last winter 1t Is by
tain that they win not bring up somewhere In that
neishborhood Holders of unproductive fancy stocks,
with such prospect before them, cannot feel very
Portable there have already been large losses in
the way of interest, and likely to be greater
sacrifices in depreciation Of market value. All
public securities have for time past been
almost entirely neglected. Prices have, however,
been pretty we'll sustained As for any advance In the
market value Of government or State stocks, 1t is
almost out Of the question. Most Of these rule so
high that investments, they poorly productive
and the demand for money from other sources in
sreases it will be withdrawn from these securities,
which will increase the supply the market and very
likely q decline in prices. The demand Tor u D.
Vs in London has lately been limited and the proba-
bility Ia that it will continue So unless important
decline prices should take place in this market.
At the first board oday, Erie Railroad fell of d pc
cent; Harlem Long Island Railroad, II; Morris Ca
nal, H. Since the payment Of the semi-annual inte-
rest ON the LIST inst Erie Second Mortgage Bonds have
declined Ia per cent Reading Railroad advanced, to
day per cent Holders Of Reading Railroad shares feel
confident that improvement of several per cent will
realized in consequence of the damage to the
schuylkin Canal 1t is stated that the railroad will
have the monopoly Of the coal carrying trade from the
schuykn coal region for the remainder Of the
The receipts at the office Of the Assistant Treasurer
Of this port to-day, amounted to sl25ll2 payments,
h>la inf ri rata nm
TO No. 400, inclusive will be paid at the Assistant
Tressurer's ONCE to morrow, September 9Th. In ac
cordsnce with instructions received from the Treasury
Department all powers Of attorney, certificates, &C.,
In foreign languages relative to the collection Of in
and transfer Of United States stock viii hsres
ter be translated at the once Of the Assistant rrea
surer the expense of the foundations to be betrayed
BY the attorneys.
The earnings Of the Harlem Railroad Company for
the month Of August this year amounted to $4,000 So
against 81 for the pondng month in 1919,
showing an increase for the month this year of
l0959 10.
The steamship Empire City, from Chagres brings
two weeks later accounts from California The Psns-
ma ct Panama. from San Francisco, brought down, It Is
reported, two millions three hundred thousand dollars
In geld dust Of which SIS 900 is board the Empire
City on freight and 100000 in the hands Of passen
gers The Cherokee, due from Chagrss, will pro-
baby bring . large portion Of the balance Our ad-
vices from California continue favorable There
more activity In the markets. and better prices ruled
for all the leading arties Of trade, viii be by
prices current published in another part Of this
paper. From the mines there Is nothing Every
thing appears to be going on harmonously In ss n
Francisco and pleased to commercial Affairs
settling down upon more substantial basis
The table Of experts from this port for August 1850
given few days SINCE showed small increase on the
previous month, and great increase compared with
the corresponding month last year. The imports dur
ing August very large, but not SO large ~ for
August in 1s4e. Leaving specie out Of account aud
the imports for August 1850, was several millions un-
der that for August, 1si9. The annexed table show
The imports and exports for August In each of the pas
three years.
Couuracr OF THE PoRr or NEW YoRx--INpoRrs AVID