The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-15


There was no new feature in the stock market to-
day Prices well maintained but the transactions
limited. Holders Of fancy stocks generally have
to sustain the market, so that they can gradually
work off what they have on hand. All the old houses
In the ssreet are selling OUT way to suit the class
Of buyers now coming In, and any turn in the market
brings in weaker operators The bears have not yet
made their appearance with any force and the parties
engaged In conering operations evidently dis
appointed at the limited amount of shorts on the
market But for the foresight Of the bears prices
mcst Of the leading fanees would have ruled much
higher. The Erie corner has doubtless reached its
eliminating point and holders must look fer .
ket out of the street for their stock They have let
the market down several times to induce the bears
sell, but the movement did not work anticipated,
and the large spectators have been left just where
predicted In the lurch At the first board, to-day.
United States 6's advanced n per cent Hudson River
Railroad Bonds, second mortgage y; stonington, 1;
Morris Canal, a; Reading Railroad, u; Long Island,
n; Canton Company, xi Farmers Loan, Al North
American Trust, "a Norwich and Worcester, Il. Erie
Railroad declined per cent There was more active
demand for and State stocks and the sales
larger than usual All Is uncertainty yet about
the Harlem Railroad dividend. The company having
paid two semi annual dividends the old stock OF
two per cent each, may continue them, even IL the
money has to be borrowed for that purpose Holders
OF the stock speculation Of anxious for
dividend NO matter where the money from. and
twould not surprise us, any else acquainted
With the ns..sr most Of Incorporated conn nias
declare dividends, larger per cent than has
been talked Of should be paid the LIST of February
The receipts ct the once of the Assistant Treasurer
OF this port, to- day, amounted 70 s1524o3 81. Pay
ments s37 ,4o2 81. Balance, 81, s43, Gas 80
Ths Pennsylvania and Ohio Canal Company have
declared . dividend Of az per cent; the Louisville
Bank semi annual dividend Of ~ per cent; the
Kentucky Bank q semi annual dividend of ~ per
cent, and an extra dividend Of per cent; the North
ern Bank of Kentucky . semi. annual dividend offs
per cent, and the Minehill Railroad dividend Of 7
per cent.
The tenth instment OF ave delars per share Of the
second subscription, aud fourth instslmsnt OF i've
dollars per share Of the subscription Of 1850 to the
capital stock of the Pennsylvania Railroad Company
viii be due on the Let Of February, proximo.
The Governor of Mississippi in his message to the
Legislature of that State gives very favorable Ac-
count Of the public finances. On the LIST OF October
1850 there was In the treasury the Of sss 1874 S.
But the revenue for the two years ending octebsr LIST
1850 was sb2s735 So and IL 10 estimated that the
for the next two years there be change In
the present laws will not fall short Of $3.50 300 The
amount of taxable property In the State Is down
$40 4t6 CAT s7 Of which the assessed value OF lands is
S3lbl2Ssl 17 OF town lots, S2244l 4os; Of slaves,
s77721ss and other personal property, sT731 sos ~
The State debt 10 $3.50 2e1, bat from this TO be
deducted s272 2t3 the amount Of State stock in the
bank ~ interest on which Is paid by and the bank
is rsaUnnsble for, the principal and further Of
s33 9ss eo-leaving the actual Indebtedness OF the
State s649 pes 10 During the present year 1895 26l
OF this debt will fall due and which has 20 be provided
for by the Legislature. The Governor proposes re-
organization Of the bank and the adoption OF such
will entirely II from the State To
accomplish this, be recommends that some induce
ments be offered to private ind, dua to buy out the
State stock In the bank and extension the bank
charter.
The Presidsnt and Managers Of the Philadephia and
Reading Railroad Company have presented the an. |
nexed ment Of the operations OF the road for the
ysar ending Nov. 80, 1860
PHflADELpBfa asD Rrapfre RAILROAD