The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-18

more extraordinary, most OF the transsctions ZOE
several days past have been for CASH Prices
were not 40 firmly maintained to- day, ct the
nrst board. Delaware and Hudson declined 1k
per oent Hudson River Railroad VI Ohio Loan.
and Trust "; Portsmouth Dry Dock Nj Stoning-
Ton y; Norwich and Worcester n; Farmers Loan "
Morris Canal u; Canton Company "; Erie Railroad
"; Harlem u; Reading RsilroadK u. United statso
6's advanced y per cent; Reading Merit. Bonds ~
At the second board Farmers Loan fell of u per oent
Norris Canal "; Portsmouth, Dry Dock u. Canton.
Company advanced ia per cent; Reading Railroad
u; Long Island u; Norwich and Worcester y. Tho
decline in Norris Canal Is attributed to the expose
Gently made Of the financial affairs Of the company
It appears that the directors have thrown away upon
the preferred stock al the advantages and benefits tho
old stockholders expected to derive from the enlarge
ment and Improvement of the canal. 1t is In
contemplation to consolidate the old stock, undec
the authority OF the act passed February 1885, ths
first section Of which says, that the said company
are hereby authorized and empowered to reduce the
number of shares Of their capital stock to ten thou
sand two hundred and atty shares, which shares
shall have the nominal value heretofore ''a
This consolidated stock offered at the board to-
day st per cent seller four months and takers
At the market price OF the old stock the consolidated
would cost 90 per cent-witha per cent OF par
which Is pretty good price, must be admitted for
non dividend paying stock, stock, too standing
behind IL 100 shares of preferred stock which must
receive ten per cent dividend before the old
csivs cent. Erie Railroad not in much de-
mand to-day. Holders do not feel SO confident
they have In relation to the advance anticipated II
has been frequently stated that prices would rum
up to par that many who would have sold long ago
still hold Nothing can DO done in fancy stocks
without shortf and the bears have been too shy OF
Erie for long time to be caught In very tight place
The movements In the Legislature Of Pennsylvania In
relation to the Reading Railroad Company, have had
q favorable influence upon the market value Of tho
Mortgage Bonds Of 1870 without depressing the mar
kst value OF the stock.
By the arrival Of the steamship Asia, from Liver
pool have two days later intelligence from LondeKs
and the continent Of Europe. The commercial
counts are favorable and satisfactory. Cotton was
steadily advancing and the markets continue sctivs.
Breadstuffs remain without change In quotstionss
The financial advices not encouraging. Tho
increased rate Of interest by the Bank Of EngisnG
had checked the expectation OF gold and the move
ment has not been made a moment too soon, as tho
bank rapidly losing its bullion On the first Of
January, 1850, the bullion In the bank amounted TO-
fl7Olel 1884, the twenty third Of March, Ell eas
and the third of January 1851, Ella esl-show-
ing . decrease since March, 1850, Of f23l62o2 This
bank rate Of interest At the latest date three per
cent 1t had previously been two and half from
November, ls4o. The shipments Of gold from ondor
to France have lately been larger in consequence %
the contem plated change In the metallic currency oe
France and the probability exiting Of gold being dis
csrded. Engish houses having pay ments to make In
France anxious to make them in gold while II u
alegai currency, which accounts for the large ship
ments within few weeks. Money improving R
value In the London market. There had been . fAir
demand for American securities without aristion in
quotations.
no ,nts no oNpr IA. A.st.
of this port to-day, amounted to se27l7 ST. payments
$40 or balance, $294l 1853 10.
The Danvills and Pottsvils Railroad has been soils
by the Sheriff Of northumberland in sunoury for the
sum Of s13oo5o. It lie thought that 1t purchsseC
for the Trevorton and shamokin Coal Company who'll
owns the larger portion Of the coal land n the county
The road will be put In order the bridges rebuilt
and an iron track put down.
There have been sent to Calornla from Boston during
the last two years according to the annual statements
of exports q 7e2 2e6 feet of lumber o5 shingles
bsiseoo bricks, $40 house and store frames, ana
ea4s67 feet of timber besides doors window fir amss
fashes, &c, almost without number. The export oc
building materials for the year 1850 shovs consider.
able falling of compared with the previous year.
The Richmond Examiner states that the bsnka
in Richmond have lost within the last three nonths
$50 ga o. Of their silver 1t has been thai
$4,000 Of this amount has been shipped direct to New
YORK Tor export TO Europe and IL supposed the be-
ancs has In directly reached the sane destination
The District Court of Pennsyivanis has given verA
diet In favor Of the Commonwealth against tn. UnteC
States Bank, for million two hundred and three
thousand hundred and dfty dollars costs
and intsrest-in round numbers, one million three
hundred thousand dollars The suit was broupht to
recover three hundred thousand dollars, annually.
which the bank. by Its charter agreed to pay, asa
bonus to The school fund for twenty years The bank
has dssuedfor twelve years The suit will Of course
be carried to the Supreme Court, and will no doubt
he warmly contested as there will be effort male to
make this judgment take precedence OF the assign
msbts
There ere already or soon viii be. the following
amount of railroads In Ohio and Indians vhl,h will
soon copnsct directly with Cincinnati viI:-Clnciu-
natl to sapdusty, re miles; Xenia Columbus and
Cleveland 2coi Columbus Newark, Mansfield aud SAM
eufky. $780, Columbus and zSnssviue, o.; Cincinnati
Billsboro and Chillieothe 100 Cincinnati and Day
ton, co. Hamilton and Eaton 90; Dayton Greeuvllle
and Iudisns, - Bellefontsine, Indlsna Central. s-.
1toi Cincinnati Lswrenoeburg and Indanapsii. 40;
Indiana branches 100 total 1156 OF this, about eoc
miles are very nearly complete the residue all GER
tain Of construction.
The annexed statement EXHIBITS ths quantity sns
value OF foreign dry;goods entered at this ports for cone
sumption aud sarshousing for the week Guiding Janu-
afJ lth, also the amount yitbllawn from warshouse
IL the tame period
hoynmgNrs y Fosuar Das Goons.
C0~HuBFrfuw
hqrtVoei"tts n Wo1t woolens. 2l3 bales s11),~
$40 c'o,h- ~. ueGsi worsssds, 10. 4o,,Is;
uuh 20 d., " l35.S. cotton ard wotsted, b8a
ltetati WOOL AID cotton, "a as; dtlnines. ..
u. lastft' " 4oo5i apacas, 2l74; drep de etc,
. 80. ttiInefeta az; cover, 2U73, atpaca
feft's & fah, btreges ~ $500 shsws ~ 52tZ. me-
lno tbnsr =. ass, handkerchiefs 3, $50: c0stingE
~ bA,h orntstk l6ls; veetiDgs sob3 a4unels.
~. rlHf kstt lttn; merro thilts 7. apt7: st,a
IN d " 4 Fns rfU 30 QuN
7 ~, Earn Htsi osrpeting so 1881. tap. aug
trltttcb. ~. 1854 total 1889 Packages, ss3ssj2
Dotnletimts y Iaioa.-. ouons, pkss. lilO s2s6,4
nt leUs e. " $. mutilns, a. II tts a. eo,brgi'
c,ted ~ go; teils S3o; iasps. ~ e0TO rausiis
t'tn,uiua- ~ 8 bjl. htndktrchitfs t{g3 sha vls.
3 =, ttttttt 4 4 tit queens cloth q9I: dtnssss
o. to.ttuN. 81, nsttirgs 8 1 s3a. ,ose a.
IA z rirV.s - iiz; shirts s. IA. a,rit ~, rs
2 - 49, .-.- Mn linz . y