The New York herald., 1850-04-10

impetus 70 the domestic manufactures Of the Union
than anything else know Of and ultimately trans
fer to this side Of the Atlantic vast deal Of the wealth
Of Manchester The efforts made by the British manu-
cturcrs, within the past three months, to depress
prices for cotton In Liverpool, show what they would
Do II they had the power butt fortunately holders Of
cotton have the spinners at their mercy and II they
are no more mercful than the manufacturers have
been in former years, they tths spnners) to be
pited We shall see movement in the Liverpool
cotton market before the lapse Of many weeks that
will astonish all those who have adhered to estimates
Of crop Of two millions three hundred Thousand bales
1t is most extraordinary what little wind is required
% innate Of the Wall street bubbles, and IL is
curious to notice the action and progress Of Of
them to the explosive point One Of the most recent
and most successful efforts made by speculstors is
that In relation to the Canton Company. The most
sxtrsvagant estimates have been formed of the value
Of the real belonging to this concern and the
value Of the stock has been put down at par Now,
s only necessary the value Of the real estate
Of the company exhibit the complete humbug Of the
whole thing, statement submitted by the
agent Of the company giving report Of sales and
leases made by him, druing the year ending June lst
l8l0
sALEs OF REAL ESTATE OF CAsros CoNPASY
Sold to Christian Shoar. seven acres quarter
and fifteen perches of land at Ss2 per payable in
one. two and three years-equsi to 81 so per lot.
Sold to Andrew Leens, about four Of land. ly-
ing between the land owned by c. shosr and the land
sold BY the Company to 8. Eninger at SIS per acre
Sold to Daniel sspp about twenty four of land
st Herring Run, at $50 per acre-equal to 50 50 per
sold Hsrman Deuerhaus twenty acres Of land near
Herring Run mt $50 per acreequal to So SO per lot
sod 70 john Jones three % ana three !narsers acres
equal to 81 DO per lot
Leased to John Glass, lot OF ground on Clinton
feet front by one hundred feet deep at eight dollars
per annum.
Leased to John G. Ely, triangular lot Of ground,
one hundred and eighty feet front Hudson street,
and extending to the water of Harris creek at
hundred and eighty dollars per annum.
Leased to Conrad Fisher, lot Of ground Clinton
street thirty feet front by hundred feet deep, at
thirty dollars per annum
Leased to George Mann lot Of ground on Elliott
street. twenty feet front by hundred feet deep
a blacksmith and whceright shop, at twenty dollars
Leased to Hosea Armstrong, lot OF ground feet
front on Clinton street, and ten feet front Bosten
street. ut twenty dollars per annum.
Leased TO Frederick keefer, lot Of ground on Cln-
ton street twenty feet front by hundred feet
deep at twenty lone dollars per annum
The company have about two thousand eight hun
dred Of land all told which, at twelve lots
acre, would make thirty three thousand six hundred
lots, which, at SIS rs per lot, would amount to
so2s COO
The number Of shares OF the company issued, Is
twelve thousand nve hundred which, at $50 the pre-
cent market price, amounts to $625 600, that the
estimate OF SIS 10 lot must be realized To yield the
price for the stock Now, how is it possible
for anything like that to be realized the average
when sales Of upon acres at $50 each,
yielding but So so per lot The report Of sales given
above is not the only one made exhibiting similar
results
II Is stated that application has bocn made to the
Court Of Chancery, other court, ryland,
for an injunction to restrain the Canton Company
from selling otherwise dsposing Of its real estate
aron the ground that it cannot give good title A
lstter to this effect read at tho to-day by
direc,or Of the company, and we shall probably know
more about il in a day or two