The New York herald., 1851-08-30
MI O N H Y NJ A RK f II.

day with large ssles Of each At the first board Erie
Railroad improved y per cent Harlem, IL; Reading
Railroad q; Norwich and Worcester y; Stonington l:
Erie Bonds convertible i. At the close holders were
firm at current prices and there altogether better
feeling in the market Buyers time came forward,
freely and took several large lots sellers option ndcat
ing confidence in the improvement in prices stronger
than have noticed for sometime past The only un-
favorable feature in the ket is the absence outside
specuatos Very few stocks taken out Of the street.
and the changes from hand to hand in the street
cuated to give much permanency to the advance
in prices The increase in the of capital Offering
in the street has for several days past been quite steady
and it is the impression among operators that money will
gradually cheaper and that shall have, for time
comparatively easy market All this may be realized.
The stock market will with the money market up
down. At present it is impossible to form q Ss
opinion about the course OF either T.
The receipts at the ofice of the Assistant Tree
this port to-day, amounted to $sSll3 IS; payments,
SIS, SOC 77-baapce, S3,6?6,o33 s7
The steamship Baltic for Liverpool morrow, Sf
day will take out about eight hundred thousand ,ss
in specie There has active demand for sterling
exchange at rates previously current. Bills London
we quote at loalo cent premium Paris ST l21S
ST 1t4; Amsterdam Al a Al Bremen, 1874 7sH;
Hamburg, 3t14 s6X.
The receipts of the Morris Canal Company the week
ending August Esd S57o5 c. less drawbacks S9s947
total $4706 0s The receipts for the corresponding
week last year s4723 ST. which of the best
business weeks during the year.
The Pherix Bank Of Il. .:tford has declared a semi.
annual dividend Ct five per cent.
The amount Of tolls collected the Illinois and Mch-
gan Canal, for the week ending the 18th nst was
s5o61 49, for the season. from the opening of navga-
cation sl0l llt2
The ability Of the Ogdensburg Railroad Company to
me promptv the payment interest indebted-
ness, is clearly shown by the annexed statement
Earnings from April to August 1, four monthr,
Esmstinr remainder Of year at same rate say
$4,000 per month. which Is much below what
the result will actually be. 100000
$3sioOO
The running expenses from April lst to August
lst 40 per cent of the earnings sl456oo
Net amount first applicable to interest mort
Seven per cent on l5C0000 mortgage bonds les COO
s1l3,fO0
Leaving sll3 AGO, than sufficient to pay the
amount Of interest again Under such eircum
stances It is not possible that any doubt the
sodity reliability Of bonds safe cheap
investment. The company have issued circular pro-
posing the stockholders in that road subscription to
convertible bonds runong ten years and bearing
per cent interest at eighty five per cent Of the par value
The object of this movement to fund the floating debt
Of the company and thus remove the greatest and, in
fact the oDy obstacle to the complete of the
road The language Of the circular is brief and 10 the
point. and, think will meet the unanimous approva
OF the stockholders The bonds fixed price which
will command the subsc ipton, and the amount will be
taken at the time specified without any doubt.
In relation 20 the operations in the cotton market
during the past week and the prospects regarding the
growing crop steusIts circular Of this date says
Ihe daily sales averaged 1900 bales the week follow
ipg my lat circular date of 18th ns prepared
for Niagara aud steadily fvorirg the seller
70 the # fuls quarter cent the business OF
that period. Tue cans1a's msil delivered
2Oh snd was followed ty increased desire to
tuy The part oi Fren shippers 10 whom the opera
tons conhned the sales reaching 900 bales
another small Improvement ON Thursday, 2lst there
' more spirt srown by tht sams class OF buyers
aud the busre,s Il tn day reported at $500 bales,
stvery full pIicts hs amount on sale at about the
beiI ly this time reduced. the sales OF
Friday. I'D did not exceed lOt0 bales 90 saturday
there more samples displEy@d and the bu ioess
reached SEQ uAes. establishing advance o.
fully quarter nj since wednssGay Oa Aoncay there
spirit * .hitei anu the sales did not exceed
LOCO bslss Ciosins With more aExitiy by sellers 10
realize Yesterday ~As also dull the business only
snountiS 40 ~, rairs advance my quotations one
la, cent uiins nud lover styles aud oue.quarter
thc b t ksds since my sst issue. ID inst
tn, pect r yuy good crop The ensuing has
steadily improved sluoe my last report The extreme
estimate, pot firth early. expressive Of the
bopes o. deser although favored bs far more than
ANelsF' - Hestpnsts ~rssbsr and unusug absence
nfsry al toe ruetiye inaeets and storms that are
nr. % rte. fr n. r,ason thar is - supposri that the
aforciu ha- been r er too * s f ana Ia A. the Weld
~l D. crcua.ssfb'd ty that esu-e A. s events, Il
'suis nov g. ~ DE popular impression that the crop
oots net szt'h inlicat'on- - excessive yield and
With be ufo mar. eesther fr,m this date, might BE-
broJg 0f~t 90 trufe u $4,000 biles instead Of
tsing .v'isu .. ottuU,U bae. fully 800 o0O bales
tsrst'f, re'
II, ,spou- cotton .frorn United states ports to
Gr'st lsiuu ~ the st,st dates this year Amounted
to 5t,o btlo Let year Cs5 200 year before 53l
Coo bsls- Itc t, pors 40 to the lates. dstes
this Jesr -5G bales last year 90 coo bales; year
Isfot. 100 Receipts inls port since l.. Inst
14cCo tsi,s exits. lgtC, taken ~ syinnsr Is J00
tst,r sp-cua,n 1900; whole stock 10 city 5OoOo
amount co .ai, o o. bales
II sppssT c. tt late returns q 'he Bank % Eng
lauo .tst lt, .,ty of tueu 10 ti4t Institution Is
s,Idiy on'rii,s 1he tao. the face of large i'm
I'rttt r. t.tiln - bu ltu from ali parts of the
void. .ro ,r t,lyh liza el exp rt. 80 curious &c
fse ttv lss-. De inpor.s into Lond1n fr the week
tutirr tt' t-th g Augwt wsre o. foio-s:iiy the Ca
rids. f..m N.e Narh SIS. Oou b. the iontcose PENN
su,sr ttI oe.,u.i s'.sprt rJi7o (f which fsoo was
from tlt'tsr $3.50 rom Li'bon and 500 froG1
u,ortr tr las 1rl r-titsuisr end ORIENTAL sea
Aa.9 fs,r ciaitnt. - Tie fisnklin, from New York
sii1Oo0 l,d. e.toUo1 Tor i.svs,) snd ~ the rrent
WD.t llltsu .ao N- sicsu -tca1er el20sss. The to
tsi arsouut cf iirse nports T. aus c32looo -hl to-
Gel t uu. l uel eious metals tNpyttsd dirpnt from
Lsrto1 1uulr thr s.sk - iollIws.-s,lvar bars.
To ruuLr' 1880 tstccs. - Hamburg 1900 ounces; to
Toula1r. .r,U .rrc,. ~ Rotterdam. 1889 ounces
tif,.t otit p fuat.F TatC0 'uucea. 70 Belgium ~
COZ otrre. B.. U.t,.l-. rs io4 oaurcs - Rotterdam
$500 ..De.. a..tapet; Co itayle 55 ounees Golf
cor ~ DHf.r 80 oource. u rsleium, G $50 ounces;
sos. nayi.a- ,op .aace.. To- u,mou-g eoa ounces
.r.o.t,ue Iaan.u. c7g,o rhr total nrnoua: o.
'i.t rfI -..5 cu.c.s -f 'i afi on 2Oi ounces
u ..f.f fNt H.F ttt" Faiu b.fug ,1tt-