The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-05

SATURDAY, Jan. 4-6P NJ.
The bulls getting the steam up very fast iu Wall
street We have ssldom much excite nsus
among spectators. The bears a tighter place
than they have ever been before, and the prospect
ahead Ia gloomy enough for tbe shorts The advance
in prices during the past three days IL
At the frat board day Erie Income Bonds improved
u per cent. They touched par for the first time
Three and half per cent interest is payable the
first OF February Erie Bonds went up per cent;
Formers Loan, u; Cantcn Company, IL; Morris
Canal "; Portsmouth Dry Dock, y; Reading Rail.
road, y; stopington Railroad, u; Erie Railroad
but fell of before the close, Norwich and Worcest.r
advanced - FER cent More than three thousand
shares Of Morris Canal soa day at advance
There has been movement of consequence la this
ste ok for time pat and prices have been very
Uniform. The stock has been held that speculation
has for time, been checked certain hou,e In the
street has been trying to control the market for this
stock but not succeeding IL brought ont its whols
supply ths purpose Of depressing prices so that
might come in again for larger lot a. lower rates
In this they have been disappointed The distribution
the stock has raised prices and started the spirit Of
speculation, and We may now look for considerable
setivty, and rapid advance In prices The party who
sold out will have to pay much higher for the stock
than they received for It, II they want another supply
There IL wide margin for an Improvement In prices
for ths stock II has remaiped quiet while all otner
stocks have advanced ten fifteen ami twenty per cens
There a. no doubt but that dividend Of two dollars
ard City cents will be paid esch share 81 the close
OF thi. years. business This will be equal to Elk
cert dollars. rise Of twenty dollars per
share would stin make the stock six per cent invest
ment Those who have realized large pronts on other
stocks should now take hold OF those which have not
recn much and carry them 10 points corresponding
IN the large leading fsncies. Portsmouth Dry Dock
active to day and the transactions we're princi
psliy for cash II vas 10 demand at our quotations.
Reading Railroads s rapidly progressing towards the
point predicted 1t Is our impression that II win sell
ct eighty per cent sitter the dividend IL paid.
The receipts at the ONCE Of the Assistant Treasurer
Of this port to day to s3747I3 o. payments
SIS sle 40; balance 81 e4 sp7 81.
The Reading Railroad Company brought down for the
week en- ding the I'd inst, rs 3s7 tons Of coal Total
hs year $50 $40 tons against 76e3 ton, for the same
period last year.
The receipts OF the Erie Railroad Company, for tn.
month OF December, 1850, we're $40 e35 ss for the
same month In lsi9 $50 691 IsInersse for the month
in 1850 500 SEA o. Total receipts 1880 81 600 '3 20
total 1s4a, ssO50b3 s7-Incresse 1850, s5s5 li9 81
Amount of treasury notes outsts ndins, January 1,
1850 si92 l6l o. most which OF issues prior TO
July %, 1t4s
The pro,idcno. Journal states that steam mill Of
the largest class for the manuacture Of mouselne de
lajnes il to be erected in that city. The company Ia
to consist o mercantile firms In Providence, Boston,
New York, Philadelphia, and Baltimore. They viii
petition the Rhode island Legislature FOR incorpors
tou, with a capital Of half Q million.