The New York herald., 1850-01-15
C0MnERCIAL AFPAIRS.
HONEY MARKET.

monday, Jan. l4--6 Pc M.
The stock market was not affected much either way,
BY the California or European intelligence There was
little more activity In government and State STOCK
and less in the ancies. At the drst board, u s. 6s
1867, fell on u per cent; Farmers Loan, al Reading
Railroad q, and Erie bonds, new, went up per cent;
Harlem, u, and Long Island u. At the second board,
the sales were confined principally to Farmers Loan
and the transactions were mostly on time. The mar
ket closed heavy
Holders Of Harlem old stock are anxou,ly looking
for the official announcement Of the declaration OF the
long talked Of dividend, and we trus. the company
will simultaneously with the announcement, issue the
annual report Considerable curiosity exists relative
to the source from which the necessary funds will be
derived. If the funds are raised with much diff
Guilty as was experienced in raising the money to pay
the interest the preferred stock the of the
dividend the old stock will be doubtful till the last
moment portion of the 500 900 CURED to pay the
last semi annual dividend the preferred stock was
raised on the notes of Of the directors which
discounted In Wal street. consideration was paid
for the of these notes which, with the in the
street. made the operation IA her expensive. In the
face Of this the company intend paying dividend
its old stock II is this system of .nt that
has ruined so many stockholders in incorp orated
companies. 1t Is too late for the Harlem company to
back out new Large purchases of the stock have been
maue In anticipation OF this dividend, and Will not
do to disappoint the friends Of the road
The receipts at the Office of the Assistant Treasurer
Of this port, to-day, amount to S2l3 37 payments
S47, ,202 97, balance, f2,s97, ,6s4 81.
The new board of directors of the Merchants Ex-
change Company elected day is composed Of the fol-
lowing gentlemen
Jno. ii. Dykers, VIM. P. Furniss Jacob Aims David
Cotheal, Jas = Holmes, Wm Agaew, Jno Gray. las.
Roosevelt, Ebenezer II. Pray, Mason Thomson, Peter
Schermerhorn, Augs. Sche, w. S. Thorne, Jas S As
pinwall, Thos II. Drew, r, p r. Van Zandt Frederick
d. Robinson.
The circular Of the Secretary Of the Trea.ury pub
lshed in another part of this days paper has aed
considerable CONSERVATION among those connected
with the Custom House, as the government intends
retaining temporarily portion Of each mans salary
AS regards the laying up OF the cutters the
charges for storage merchandise to deray the ex
penses of the warehouse department and the payment
by The owners Of all other expenses actually incurred
On merchandise incorrectly invoicsd &c., &C. it is
about right, and such restrictions and curta euts
have for long time been necessary keep cost Of
this branch Of the government within proper Ii nits
We hope Congress will adhere rigidy to tho act OF
March Sd 1s49. The sum Of 81 100000 is allowed by
that act for the expenses Of collecting the revenue
from customs, and with proper economy, they can
easily be brought down to that amount. Instead of
retaining portion of the salaries of all the Custom
House officers, 1t would be best to cut down at once
the salaries Of the higher grades and make them ore
equal and more just Those who actually do all the
work. get less pay and trust the Secretary of the
Treasury will make such representations to Congress
will bring about equitable adjustment of the
tara Of salaries in the revenue department OF the So