The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-31

wsDsEsDAr, Oct. 3o-6P. M.

WsDNksD Oct wy. NJ.
The stock market opsnsd quite buoysat this
Ing Quotations for nearly every fancy In the list i'd
vsrcsd fraction, and there Was eonsdsrAbls activity
amops speculators The greatest advance vas rssl-
lied In Morris Canal and Reading Railroad stock and
there were parties In the street prepared to take say
amount OF stock that might have been offered 0fthe
former nearly three thousand shares changed hsndl
and the demasd FOR the latter not satisfied tits
the impression In the street, that the shorts In
Erie Railroad stock will soon ind themselves In
tight place. There 10, Is true, scarcity Of cash
stock; but whether tbs SELLERS will get caught not,
IL by no means certain. The movements going
have nothing to do with the present
value Of the stock nvestment but entirely
account of the relative position OF the great pssu
lsting parties in Wall street. 1t appears that the
bulls have got the bears short Of this stock 70
such extent, that IL cannot be purchased
required for delivery contracts ~ they ma
ture without submitting to an advance CT some i'm
portsnce upon prices current and the conclusion
therefore is, that prices improve Whatever ad
vance takes place from this will probably be
realized within the next ten twenty days Farmers
Loan has been rather quiet during the past day two
The large holders have withdrawn from the market for
the purpofe Of seeing how much stock present prices
viii bring out from small holders. As soon Is this
point is settled may look for more activity Ia the
y.
Holders appear TO be content, and probably will not
make any effort to initiate prices Portsmouth Dry Dock
becoming concentrated in the hands Of fs capt.
tslists, who contemplate imp ortant and mediate i'm
Provtment in the property Long Island has probably
been laid the shelf for this season. The road is
worth just about the debt Of the company and
possibility of the stockholders realizing the
first fraction from their investment 1t will take about
800 COO dollars to put the road In ordinary
dtion; which. added to the present debt, will make
aggregate Of eight hundred thousand dollars This
10 every cent the entire property 10 worth and We
doubt IL 1t could pay the interest on that sum-
without better management and increase of net in
come. Harlem has been active within the psst
day CT two, and slight Improvement has been resi
zed in prices stonington has been In better demand,
at better prices The net earnings Of this company,
for the year ending September LIST 1850 was equal to
about five per cent upon It's capital, but the manage
ment have for best known to themselves, ap
prepristed the net to the payment OF indsb
edness. Norwich and Worcester is at present prices
ABOUT the cheapest railroad stock the list and the
margin for Improvement Is probably great ~ In
any other As an investment 1t pays WELL and for
speculative operation the chsaees for rise doubt
less good in this In any other on the m irket
Railroad bonds in demsn at i'm proving prices Gov
and State stocks have been activ stately
but prices have not been sustained There many
investments equally safe and secure that so much
beter that holders of United States securities have
had strong tenn ptations placed before them, and
have no doubt many have made an exchange. A six
per stock at twelve fifteen and twenty per cent
premium, does not compare very fAvorably with
per stock at par that of when the
saety of the investment Is left out of the question 1t
is firm belief that there upon this market, At
the prese securities selling at par.
BEARING seven per interest. which well secured,
aud far beyond any contingencyas any public stock
in existence Capitalists will, Of these days get
their eyes open to this fact and then the securities
refer to will be much sought after.
The ceipts at the ONCE Of the Assistant Treasurer
OF this port, to.day, amounted to ss25oi a. Pay
ments, sl3s,6sl SIS. Balance, 81 ga sos TO-
The Boston Traveller Of yesterday says-"stocks at
the board this morning without change, and the
operations net quite no large they have been
during the excitement. Vermont Central closed ut
3354 Vermont and Massachusetts, 33ysi 0gdensburgh
closed firm at IS; Philadelphis and Washington ANAL
...ss 81; Edgevorth closed at IN; Western lol,
does not to be quite much speculative
feeling .a.s.srsvsr yvvscrasy, even though
money continues 30 abundant
Tho following table shows the value Of erchsndise
exported nom Boston to foreign ports for the week
ending Oc. 2e-
ConsfkAcE OF Bosror-yALyK OF Etrorrs.
D. DID,