The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-06-25
MONEY MARKET,

M.
There material alteration in the stock market
to-day Compared with yesterday there has been a
slight falling OF in quotations, and there little
activity among operators. The demand for money
within the past few days, has been active,
dtinc, line has been drawn between the dde-
rent class of paper aaoat. Money call quickly
taken at six per cent hear large wanted
even at that price. This is however, evidence of
more stringent money market. The banks continue to
discount literally and freely, without increasing very
rapidly the aggregate amount Of loans The banks
Of this State about making up their regular
quarterly statements and the probability ia, that
after the frt Of July, money will be cheap and
as abundant as II has been any time this year. We
shall not ship much gold this week, but next there
two steamers from this port for Liverpool, and
they will take out large amount of specie The
shipments consist principally of American gold
double eagles. The banks have been little alarmed at
the large and steady shipments of specie, had
no visible effect upon their movements California has
given us thus far this year about millions than
We have sent to Europc and the probability Is that
the advances the arrivals from California will in
crease and the shipments to Europe decrease large
an cunt Of specie viii go forward immediately after the
lt Of July, account OF interest due foreign holders
Of American securities II il estimated that the amount
Of interest stocks held by foreign Is fo twelve
millions Of dollars per annum; and the semi pay.
men due in July will be made in gold this year There
Is therefore, very little chance Of falling hpment
ofspesie before August or september, 1t least.
The Harlem Railroad Company has declared a half
yearly dividend Of four per cent, payable July The
books viii close Thursday.
The Bank Of America has declared dividend OF four
per cent for the last six months the Seventh Ward
one Of A. cent the Trsdemen Bank three dollars
per share The Bank of the State of North Carolina has
declared half yearly dividend Of per cent The New TIA
ven Bank has declared semi annual Of per cent
and the New Haven Company Bank Of per cent for
the same period.
Messrs wadsworth Il Sheldon, % Exchange place, will
pay and after the LIST Of July interest the stock Of
the State Of Illinois at the of dollars cash per
thousand dollars u stock
The receipts at the Office of the Assistant Treasurer Of
this pert, today, amounted to s1le,is2 "a; payments
Sl3Sj9 ss-baiance, s2Ts7I3i So
The aggregate amount received fer tois the Canal
Collectors office in this city from the opening navi-
CATION to the 23d Of June 1851 sie6 40 against
So. q for the corresponding period In 1850 showing
increase in 1851 ofs90oe s. The aggregate amount
received for tolls the canals Of this state from the
commencement Of navigation to tn, 18th Of June in
elusive 500 4oi 80, against s537l7 5lor the
period in Is5o-incresse in 1851, s2lo7,se o. even
this increase IL preserved throughout the season. ar
gregstc olls for the year will be nearly equal TO thu
collected in the great famine year-lsE-when such
large shipments Of breadstuns Great Bri,
tain and Irclasd
The Utica woollen Mills has declared q ssmi. annus,
dividend of % per cent and the Utica Gas Company 33h
per cent Most Of their stocks owned By parties IL
New York Ifth.re Is mistake in the figures these
companies have been highly successful much
than similar stock companies in other parts Of the
try
The directors Of the Troy and Greense Railroad at
meeting held at North Adams resolved 10 construct this
read rapidly possible II the assessments are all
promptly paid, the road will be comple'ed from Moth
Adams 10 Troy by next January IL their intention
70 commence tunneng the mounain a. al ear ly date
In order that they may have data beside theory
operate upcn the next Legislature for a loas II the
rractcaby Of accomplishing the work for the sum pro.
posed can be demonstrated, there will be hssitaney
In granting state aid to the enterprise.
The flowing Is taken from the Sumter Banner South
Csroira Of the 18Th Instant relar to the Wilmington
md Manchester Railroad bonds now Offering Tor sale in
this city
We feel assured that more safs or advantageous In.
vestement could be made han hs especially 10
people ltan % $500 COO secured by mortgage Of the
Whole roud with the privilege ut any time Of changing
the debt into stock Is thus proposed TO BE- effected This
am unt 10 BE- expended in furtherng the road 10
pltton W the purchase Of iron, locomotives &c AMI
added u the UNITS already laid out and the stock
not ~ raid In win make the property Of the COMPANY
coo Nothing hort therefore Of the most in probabo.
G sssrs impair the security Of the Investment
There is NJ doubt in mind that a year or two win
grady increase the market value Of these bonds.
tbs road. which year two will conpcts win be
tho only chanu' through which will pass the transporta
tion aud travel collected at Us cxtremtes By The various
reed ramiiying north aud west Of It, and passing
thrt uFh well settled opaen country whose yariouT
redacts III give 4 constant aud profitable occupation
its 81 g. by W. uprits will rice far above IT, mar
niu" +, tfr rryI.re VIII uitel prove valuable one
~ 80 iottNEto iui3 holder altor having received
c'tfy Nait1t.rfiti W. cont intere-t) ropn The
LINZ ', ,t '.' 'ts, ~ .,.t.n an1 rrnae,' ample