New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-24
SECOND hoard
FRIDAY, May Bpm

FRIDAY, May Bpm
The Stock market continues to be only
moderately active and is ratheriuegIiar. Generally
| the tendency was downward, but Farmers and a few
other lancies improved Enc was heavy at the First
Board bat improved again at the Second. Morris was
more active and firm. Long Island was held firmly
! butthere were no sales Harlem was % al, show
ing no change The increased earnings of the Road
for The FIRST SIX months of the year viii probably
reach 100000 which is about 81 % p share or q p
cent As the dividend of this six months last year
was . p cent. the Road for the present months
! viii probably earn u cent, which, at the current
pnce, makes 1t 10 b cent stock After july the cX-
tension Of g miles into a rich district OF country will
/ pour a large addition of traffic over the old Road,
and after January next the further extension to Chat
ham viii bring in a large tributary district ami CON
meet the Road with a net worh of many hunjre Is
of miles Of Railroads all (which viii add something
be more or less to the business of the Harlem Road
We look at the future Of the Harlem Road as one
great element in the prosperity of our City and we
believe that the time Is coming when the stockhold-
ers are to be abundanty recompensei for their en-
tepuse Government Stocks are IN demand and firm.
State Stocks are also well held.
Exchanges are dull for the Steamer to-
morrow and the rates are heavy. Sterling is l0Gl0l
for strictly FIRST class names There Is closer scnl-
TINY appod 80 hills than for some mast and Cot
ton bills are especially under doubt Some good
Names with bills ladng attached, have been sold to-
| day at p cent Francs are 5l0UjO7l.
In Frcights there IS not much doing and
themaiket is steady. Cotton 1924 10000 bushels
Corn 4d Flour l6d POO boxes Bacon l5s. To Hayrc
the markets. very quiet. To Glasgow $40 bbs lour
lSd TO Rotterdam 1000 bbls RESIN IS and Ashes
22s Cd.
The amount received at the Sub Treasury
was $9O7O6, Paid, 5lG7O2 Balance. $23l3o3L OF
thepayments $25O,OO0 was transfer draft to New
Orleans.
A meeting of the Canton Company stock
holders Of Boston was held IN that city on Wednesday
last, whentwolvo delegates were chosen TO represent
hemtoTeSt of the Boston stockholders at the Annual
Meeting OF the Corporation al Baltimore on the jth
June next The meeting was adlressejby anumber
Of gentlemen, some of whom had recently visteithe
property. The affairs of the Company and ITS pros
poets were presented IN highly favorable aspect
The Nashua and Lowell Railroad Com
pany have declared dividend OF p cent
The North American denies that the Mint
has not met the wants of the public IN the coinage of
small gold pieces and states IN proof that there Is
surplus Of 100000 gold dollars now in the Mint
There is an increasing abundance at Bos
tonin the Money market. Notes are easy to nego-
tate at :, and p cent, according 10 The grades
offered
The receipts of the Housatonic Railroad
IN April .S2l 305 81
Same month IN 1850 -................,...I7 1877 g.
Increase this .$39Ss o.
The earnings OF the Philadelphia, VII
mington and Baltimore Railroad for The month
ApnI were. $50 943 %
III same month last yoaI-.--...-......... $1,000 II
Tam uhS year 81
The Providence Journal says The books
Of subscription to the Bank OF Commerce were
opened on Tuesday. The capital Is sio9OO0. with
liberty to increase 30 Sl0O0,0OO. Tie amount sub
Scribed wos over 81 100000
\ resolution passed the City Council Of
Baltimore on Wednesday TO borrow 100000 forthreo
years at y cent, to be devoted to the payment Of
interest on the internal improvement debt of the city
Also to sell li00 shares Of the dividend stock OF the
Baltimore and OHIO Railroad, at not less than SIS p
share the proceeds 10 be applied TO the same puroose
\ new Bank has been organized m
Springfield OHIO, under the law OF last Winter Oh
yer Clarke President, and VIM McMeans. Cashier
The new Bank Is to be ready for business on or he.
fore the 10Th OF June
Upwards Of three hundred thousand dol.
lars have been subscribed to the projected Road from
lit'ie sodus Bay to the Cayuga and SuSluehaanah
Road
The Railroad Convention at Sunbuy.
Penn was very largely attended
Col. X, b. Mason, Chief Engineer of the
Central Illinois Railroad has arrived Al Cb,,.go N
commence his duties. About sixty Engineers ,y,1,3
DC the groundIn a day or two.
The Macomb County Bank OIich) IS TO
be reSuScitaied.
The work on the Cincinnati. Hamilton
and Dayton Railway Is gong on With enerev
The Annual Report of the condition and
affairs Of the 0gdens5uFgh Railroad has hasc ,,,h
lshed. The total income OF the Road for ,be -.
Snilng April 80 saS- az n
Expenses IN same PERIOD Ia4 409 on
> 90. ST. -
Inc capital stock Of the Company consists Of q 6st
>n"IeS' costing $976s4O0 and the earnings as given
ABOVE exhibit net result of nearly p cent on the
par value lSloo OF the shares
AMER paying dividends amounting TO a per share
ana making s'dry expenditures properly chargea5le