The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-18
HONEY MARKET.

MoSpAr, March II -6P. NJ.
The stock market opened heavy, but improved 1T
tie before the adjournment of the first board. The
weather put stop to most out door operations Read
ing Railroad the active fancy the list and
the bears sold freely ut quotations Most Of
the purchases are on Philadelphia account, and the
only difference between the operators OF that market
and this is that the fpecuators here satisfied to
clear out all that they have at the best prices they
get While those Of Philadelphia are anxious to get
prices up little before selling out To do this, they
have been large buyers here and larger sellers at
hem. For every thousand share. bought here, t~o
thousand would be sold in Philadelphia. where all
the stock 81 this company will find resting place is
more than one knows but II is pretty certsn that
II will not End holders 10 this market until the pros
pects q the concern catering than at PEE
sent tits stated that companies have been organised
for fcrmin. connection between the present tsrmi.
patton Of the Reading Railroad and the Erie Railroad
At Elms and that the nnSrces Of the will be
much improved by the additional sources Of business
that extension will open. Thi. however Il far in the per-
,psc,ivs snd In the event Of all the necessary arrsag
msnts beng made 81 will take several years to com.
plets the connection That It will ultimately be
compli,hed We have no doubt. At present. with the
composition In the coal carrying business, and the
ducsd rate Of tolls the prospect Of the Reading Rail
road Company earning even the smallest dividend
the old tock. IL poor indeed Erie Railroad steady
to day at Saturday prices but the transactions we're
limited All the land security stocks nrm, and
very little present upon the market Railroad bonds
were quieter than usual, in the absence Of buyers
The receipts at the oce OF the Assistant Tres
fthis port 20. day amounted to $685. IS; pay.
msnts, s22 coz So balance, % 7ls,7Se 20 The daily
receipts from customs large. The sasterly
storm nov prevailing will bring along fleet Of packet
sbipt from Europe and the bulk Of this springs i'm
rortstion viii be In the market by the middle ofApr
Tbs payments into the Custom House during the next
thirty days win, therefore, be esvy and the deposits
rapidly increase II the expenditures ofths government
are not more judciously made.
The long pending cases ia chsncery, between To.
Essex Bsnh and the Vermont Safety Fund, In which
many capitalists interested have finally termi-
mated, and the treasurer has paid TO Zsbus
Newell Efq. Receiver Of said bank $40 325 65 which
s sufficient after paying ali costs and expenses OF
settlement, to pay dividend Of 70 10 per cent on
all claims allowed by the Chancelor, including in.
tersst from the time they presented TO the re-
ceiver to the hnal order, Dec H. 1850 Tie dividends
viii be paid at the Rank Of Nswbury Well. River Vt
on presentstion Of the proper toucher,
discriminating all the reports to the contrary no
srsnsements have been made 70 redeem tn. circu-
lsting notes Of the Lewis County Bank The Comp
uoler has appointed commissioner to investigate
the shars OF the inst ution aud bill holders
not 70 make any sscrihce to depose them until
some omeisl report IL made Whatever may be the !
rsenlt IL would be well to avoid hereafter the issues
Of this bank
Ihs Residing Railroad Company bsv. reduced the |
tain OF charges for Transporting coal ten cents per
ton The schuylhDi Genial Company will. Of course,
make the sane REDUCTIONS, and w nsy look fos cor.