The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-01-24
COhMERCIAL hFFAIRS.
MONEY MARK EFT.


Quotations for stocks to day, do not vary materially
those current at the close yesterday Attic nrst
beard, United States 6's 1855, advanced per cent;
Reading Railroad, u; Farmers Loan, -, aud Hudson
River Railroad. a Erie Railroad declined per cent,
aud Harlem y. Operators In the street have abandoned
all hope CT any speculative movement in fancy stocks,
and the public generally have become so strongly preju
diced sgsnst In the shape Of stocks that do
pay real bona fde dividends without any increase
Of capital creation Of indebtedness OF any Kind that
1t viii be long time before present holders viii and
customers at anything like present prices. Govern
nent and sound State stocks the only securi-
ties which beyond any doubt question and as
capitalists become alarmed aud Suspicious Of call
road securities Of ell kisdf they will turn their atten-
tion more 20 public stccks
At the second board there moderate sales OF all
che leading fancis, at prices below those current In the
morning. Erie Bonds fell oa per cent, Erie Railroad
y, Farmers Loan a.
The following appeared In the Herald OF yesterday,
under the teesraphIc report from Albany
gaIE RArLnoAp.
Mr. owrr presented petition for combining the locs-
tion OF the Eide Railroad to the line Of 1916.
This probably Is not understood by the public gene
rally but there n vast deal Of meaning In It. When
Il Ia announced that the Erie Railroad Company
template stopping the line at Hornellsve, the object
Of the petition presented by Mr. o~e1 will be
The company may be able, by great extension Of it's
credit beyond Its bonds, and great increase OF its
floating debt to complete the road to Hornellsville
but there Il must stop, aud the company
are making effort 20 reach the Lakes over the
Fails Of another ROAD charter for which Its whole In
auepee 10 working at Albany to obtain. This Is the
Hornellsville aud Buffalo road, which will pass .
point about tseniy miles from Dunkirx. This twen-
ty miles Of read the Erie company intend con-
structing, 80 a. to save its charter. The inhabi-
tsnts Of the Southern tier Of counties using
oil their inausncs In the Legislature to defeat the
HorneIls,ile aud BsGaio company from getting
charter but thsy have offered to withdraw their op-
portion " the Erie company will build twenty miles
more Of road the line stipulated in its charter and
,his the company refuses The fact H. that the Eide
Railroad Company Is bankrupt Il has very little money
and lees credit aud the road will reach Lake
Erie unless cOmpsnyi Termed to extend 10 be-
yepd Hornen,ville. We shall scne curious move
m,nts In Albany this winter In relation to this roads
aud ,om. extraordinary deveiOpsments will doubtless
be made.
The ANNEXED statement will give pretty good idea
Of the nature q pments made from this port TO Ca
nfornis:-
csreo OF Bass Iv..owsl, roS s., Fs.ser.oo.-
Bread leo bbls beef Is bits butter 40 hrkns cheese
40 boxes IL package hams ana tongues &c., lard 80
packages; sussr crushed, ~ bbis; brick lI,.i iron
sh,,,s platform scale one rco hou,s Boy :. 1cs,a.
oats sst bushels varnish, 2io gallons mats iS4 bun
dies, currapts, IL ceks.
TIE receipts at the once Of the Assistant Treasurer
Of is port to day amounted to ti635oT co. payments,
si25o2 %; balance, s3,ssobi2 IL.
The Greenrieh Insurance Company have deolarei q
semi annual dividend Of Eve per cent the capital
stocs, payable on and after the lst Of February.
The Manhattan Gas Light Company, 81 SO per
sbere the foil stock and 81 rs per share the scrip,
paJsbls on demand.
The Auburn aud Syracuse Railroad Company have
deeisred dividend Of four per cent payable on the
1st of February.
The Treasurer Of the Hudson River Railroad CON-
psny has given notice that the ssnisanuli paymsDt
Of interest the bonds Of the psny will be made
at It's Office, en- the LIST OF February.
Subscriptions 90 the amount Of $4,000 have been
made 20 the Fittsbursh and Erie Railroad s3j oo1 Of
which have been paid In.
one hundred ard hfsy thousand dollars have been
subcfibed towards building railroad from stamford
10 Dsnbury, Conn.
The Mexican government have recently established
an act fer the exinguishment Of the public debt 10
proyidcs that the government shah make general or.