The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-26

TUESDAY, March, Do L. NJ.
The stock market has again become much depressed
The buoyancy noticed yesterday has disappeared and
everything in the street to-day fiat enough The
transactions limited at the first board than
usual and larger portion for cash The bears con-
tnue put contracts notwithstanding the depreca
ton in prices and appear by anxious to take in
their shorts At the board Hudson Il. r. Bonds de-
cned !. per cent Morris Canal !: Farmers Loan y !;
Canton Co. = Reading r. X. Il stonngton a. and
Erie X lR "a. The market closed heavy, with down
ward tendency
The receipts the Office Of the Assistant Treasurer Of
this port to-day, amounted to s1Goois Il payments
SCI $50 4o-balance S3,GJ7 ,54I30.
The steamship Asia leaves this port tomorrow wednes
day, for Liverpool She takes out than half mil
on of dollars in specie The rates for exchange
high that shipments Of specie be made proftably
The demand for bills has been only moderate but drawers
have been firm. We quote London, lol4 1913 per
cent premium; Paris, 81 IA ST ca Amsterdam
411i AZ Bremen, 7oi4 1924 Hamburg, 81 a 37k
The shipments Of specie for several weeks will probably
be very large The total expectation Of specie from this
port from January lst 10 March 22d, 1851, $685.
6.6 part Of the shipments Of specie being made
Is Of the payments Of the Mexican in
demny
dollar notes Of the Massachusetts, Bank altered
fifty have made their appearance
The welland Canal will be fully opened for navigation
on Wednesday the Goth instant which day the
aqueduc will be available and the lighthouses connected
with the canal lighted up. Improvements have been
made along the line Of the canal which will be found ma
teriay facilitate the passage Of vessels through it,
The Legislature Of Vermont its last session. author
lied the Rutland and Burlington Railroad Company to
make mortgage Of the property and issue bonds bearing
per cent interest payable semiannuay, the l,t Of
February and Let Of August Of each year This mortgage
not TO exceed 81 payable in IL years and Is not
to increase the liabilities but pay the bonds
they mature and liqudste the small floating debt
The mortgage has recently been completed and the
ditions complied with The trustees Franklin Haven
and Samuel Hooper Esqrs Of this city The directors
have decided TO dispose Of half million Of dollars In
these bonds to pay Of the floating debt and that por
ton Of the old bonds which fall due in 1851 and 1852
The capital Of this company i s22oO represented by
1900 shares Of 800 each 1t siJOOooo in bonds
bearing per cent interest due in from to five years
besides an unfunded debt Of 100000
The work Of laying the track Of the Ohio and rcnnsy
vana Railroad from Pittsburgh to Massllon, distance
Of lo7 miles has been allotted II there should be de-
lay in the delivery Of the materials the track is TO be
laid from Allegheny city New Brighton by the lst Of
july to Alliance at the intersection with the Cleveland
Railroad the LIT Of October; and TO Nasson by the
LIT Of November Of this year A. the road Il
ready to New Brighton, large amount Of travel will
cone upon W anu IT. cVmPietiOn 70 hnhhce Instance
Of eghty-one miles, will accomplish continuous
nection by railroads Of uniform gauge between Pitts
burgh Cleveland. Columbus, and Cincinnati
The movements in cotton during the past year have
been Of the most extraordinary character and the pro-
bable movements during tls next six months at this
time exciting great deal Of attention. For about two
years prices for the material steadily advanced until
they reached higher points than had been realized any
time within the previous ten years. Within the past Ave
months prices have been gradually settling down and
should not be surprised to within the twelve
months prices current nearly similar to those ruling in
1si7 aud ls4s The annexed table exhibits the prouc-
lions in each q the past fifteen years with the realizing
prices Of each