The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-04

transfer the old upon the books OF the company
This Is likely to lead to great deal Of dihsulty,
and perhaps to litigation. In the event OF an
individual who purchased at twenty-four or
twenty. i've per cent insisting upon the. stock
Dsing transferred to his before receiving It, the
party having the delivery to make would not be able
TO comply and the transaction may thus be rendered
void Such likely to happen, and the bears
may be placed In q very unpleasant predieamsnt This
win, gno doubt, deter many from operating In the
stock any way. The depression in Norwich and wor-
cester has been csussd by the announcement that
competition line Of boats is about being placed the
etonlngton line and that the through fare to Boston
will be reduced to two dollars. We learn that this
arrange ment has been made In connection with the
Bloomington Railroad Company. This must seriously
ipjure all the lines to Boston, and benefit but
the travelling public. BEADING Railroad has dropped
in anticipation Of the construction Of opposition
lines, and spirited competition from those now In
operation. The coal business will without doubt be
overdons this year. AL the works connected with
the coal trade prepared for immense trac, and
prices for the material must become very much
reduced. The cost of the Reading railroai
places the company der many disadvantages in the
struggle; and We do not see how 1t can keep up It's
earnings to point sufficient to give even the small
lest dividend The Delaware and H sdson Canal Com
pany have contracted to deliver coal In New York TOR
81 per ton. The schuykn N avigationCompany open
the of nsvg for transporting
almost any quantity OF COAL The Lehigh Canal and
the Morris Canal have enlarged their capacity for
carrying. The Chesapeake and ohio Canal will bring
down nearly half . million tons Of coal, and We are
likely to have q supply much in excess Of the de-.
mand that prices must down to the lowest level
below fear remunersting points to the miners. It
9 our impression, that the approaching will
all works Of internal improvement connected with
that interest, must be similarly affected. Harlem Is
very firmly maintained and 1t is in fact the only rail-
road stock the list Of its GLASS; the prospects Of
which clear and unclouded 1t Is out Of the reach
of competition 1t is the only road connected with
this city, extending into Its very centre having such
q monopoly Of the immense city travel along its line
At present prices 1t is very cheap stock and what
fluctuations may take place in its market value,
the actual value of shares and the and steady
progress OF the work cannot be affected In the slight
est degree. Portsmouth Dry Dock Company improved
to-day upon the opening, and was we'll sustained.
There considerable activity to- day in government,
State stocks and railroad bonds.
The receipts at the office of the Assistant Treasurer
of this port day amounted to sloaOso. Payments,
500, a15 A. Balance, So ,097 IS.
The annexed statement gives the names Of some
Of the with the amount of each for loans
about being put on this market We have
not put down those companies which have recently
made large loans ana been Withdrawn from the mar
ket.