The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-22
MONEY nARKE r.

FmpAY, March 2l-6P. VI.
All the ances quite active to. day; but pricec
ere steadily settling down. The amount Of stock press-
sing upon the market daily Increasing and the pre-
pset at present is pretty blue for holders generally
Reading Railroad lie the favorite with this bear opera
tors and they seiling themselves largely short
Thus far everyt thing has worked ss well could be
desired but they very ssngulne, and believe that
the decline has but Just commenced stoninyton ane
Norwich have been more active within the psst iep
days at reduced prices tits impression tina. No.
wich is cheap stock at current rates. but Il may 20
lower stonington is . very uncertain stock and Is
selling for all II Is worth. Long Island has been cor.
sidersbly inflated lately AID is sustained much better
than we anticipated Harlem has taken a very ex.
traordnary course; but s impossible account for
movements In Wall street The great increase in the
monthly earnings this conpsny-the rrsa, Improve
ment In the system OF m snssement and the favorable
prospects relative TO tho extension we have consider,
ed good andsunicisnt reason. why advance Ia tho
market value OF the stock should take place. but II
appear thus far that have been mistaken Il haa
shared the fate OF all Others and appreciated IA t,c~
Erie Railroad has fallen OF considerably latelp
and large amount Of stock has changed hand
The contfovsrsy going on relative to th. eivers,o
OF travel from the ErIe Railroad throash Nsg
Jersey has not believe had influences or prise,
Efforts are being msd@ At Albany to comp Il tn. CON
papy 10 abandon the RanAro routs; AMI What Sho
refut VIII be 10 very doubtful. The rsiiroai CON.
mitees Of the Assembly have the petitions under cor
sidtrstiou, and will report In few day, A. An. mc,t
ings OF The committee which have been hsli tho E.o
Railroad Company was represented By Ito Pre.ident
snd eight directors In the cour,s OF The inye,tixs
uon CT rather at It's close In consequences Of queon
put to themlby the committee, and other. the airs-
tors were led TO disclose their trus Intentions ss
views They then aud there distinctly ann ouncsa -
LET. That they aid net eos,ier tn. Fri. Railroad :,
state work, In any sense which would aashor,. tn.
State TO interfere Nth II than With any ro,e
built wholly By private enterprise and privst. funds
"a That the State having released its c.i1,ot three
nions, has no right, In Consequence Of It's son..loo
to control the terminus roats Of the rs,d or IA,
mode Of transporting freight or pas,snsera
ID That the directors sould probably very s,or.
transport freight TO Jersey CITY.
There declarations we're rads by william y p,s,.
Era, one Of the directors tho wa. the MOT e,omi
nent representative Of the company before the con-
mitte..
Canton Company wa, . little better to DAY nps 10
faes larger than u,ua This stosk IL o.t ourlcu.lv
managed IL suddenly advances and M 50 iJsnly IL.
clints Parties hs5ing ,eem to have compl.ts eoptrn
Git, but We do not hear Of outsider. tonehlnz H.
hoirh Canal hss been quiet for several days past an
prices have settled do.n to about ths former isve
The President q the company has sddrs,sei letter
examine into matters connected with tn. nun,,I,n
in which he rays that transfers can be made Of th
old stock, except by issuing new certificate a tn
rate Of four o. cid for one 81 lie also s.ys tb,
nsaiures have been taken to Dissolve the tnp,cticr
The COMMITTEES we're discharged Sc the r,att,,s ,s.,
Trantaetons sfe made by mere transfer. os IN, Ola
certificates With power q attorney attached fros.
hand 70 hand This i not very sstsfsc.ory way ..
dealing In stocks but there Is 10 altsrnay. Porte
mouth Dry Deck e firmly maiataiusI and ,bsr, 80
pears 70 be no dsPoition to put stock upon the sst
Ret Edsssotth Go has been heavy lately; but hsId
en have conheence In m advance beser. the hrssor
many dsys 1he'' two stochs are favsri:ss Win op,
rs'ors OF limited means smell advance in mi 80
ei's alsrgs per cent proat on the amount iny,.,.t
'o'n are representatives. Of large lsadei property ia
voisoy located for immediate Improvement
htths second board to day. the marl.t ~a,nr,h
oppressed Rssdias Railroad aeiinsd 4. Der e.n,