The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-21
III ON K Y III A IL * Z Il.

MONDAY, Jan. 2o-eP.M.
The stock market opened quite buoyant this morning
but there much activity among the fanciss
at the cose Of last week Government and State stocks
and railroad bonds, in demand The transactions
principally for cash At the first board Erie In
come Bonds advanced y per cent Kentucky es, ~
Farmers Loan, Il Canton Co, s. Hudson River Rail.
road, Il; Harlem, u; stonngton 1; Norwich and Wor-'
cester, l. Mohawk, ~; Long Island, 1; Beading Rail
road, Il; Erie Railroad u y 3. 6s 1867, declined -
per cent; Morris Canal At the second bossa Azsssai
improved per cent Farmers Loan, IA Canton Co. o.
Erie Railroad, u; Norwich and Worcester, 81; stoning-
ton, Long Island, az Since Saturday morning Cam
ton has advanced IL per cent Farmers Loan, Long
Island AZ How long these fancies all non Dividend
advance at this rate question out Of our
to Thoss who purchase at present prices.
may feel perfectly easy If so they must be ignsrant o.
the actual value of the stocks. when ignorance
bliss" &c The principal purchasers ofCanton and Long
iAana are Boston.ns and Phidsip hans and operators
A city should not permit this opportunity to pass,
without clearing themselves OF eysTy share Of each
Mohawk was in demand to-day, at the advance. Nor
ris Canal was heavy and holders appear anxious to
realize, bat are afraid to put much stock the
kst fearful of depressing prices premsturely. The
purchases now are principally to fill contracts made
at higher prices. Recent Investigations have show
that IL will require stonnsge about four times large
as that transported last year to give holders Of the
old stock six per dividend on twenty i've iolA
lars per share Norwich and Worcester has recovered
all the depreciation caused by the payment Of the al
vidend and our prediction that II would sell for az
much, dividend of dividend on, has been realized.
Reading Railroad will probably take start soon ana
recover than the amount of dividend just paid
The company have thus far trans ported double the
quantity OF coal compared with the same time ode
previous year. and the prospect for large trse fox
the remainder Of the Is particularly favorable
Erie Railroad sup two per cent since Saturday morn
ing The Rsmapo arrangement may have been tho.
cause OF the advance bot do notsee how the stock
can be improved in value by adding the Of trans
porting that road the expenditures OF
the Erie Co. The ferry between Piermont and New
York must be kept up usual for the transportation
OF freight Harlem holds Its very we'll The tive,
per cent dividend In the perspective doubt has q
favorable influence prices Erie Income Bonds arc
not . buoyant as might be expected In view OF the.
three and half per cent interest dne the LIST o.
February. They are good and profitable Investment
at present prices IL would be well for those who have
money floating about In fancy stocks to lose n, time
putting the reach Of the reyusion which,
10 not far on. The market closed heavy Canton Com
paoy offered In any quantity at NJ per cent being
decline Of four per cent from the highest cash price
current at the second board Most Of the other ianes
fill OF about one. hall per cent.
The receipts at the ofce OF the Assistant Treasurer
Of this port to day amounted to s2l3Jso; paymsai..
sos 24e CO. bsiance, SO le2Gs e.
There was = mooerats demand for foreign exc0Anve.
to-day for remittance by the steamship Ps.iae on.
wednesday We quote on London, 101t 101s per
cent premium; on Paris 81. l2S a 81 10; Amsterdam
hsai2; Bremen, soA 500 Hamburg 81 a37k
The Bank Of Pougbteep,io has declared q semi.
annus dividend Of six per cent payable the lst OF
u.
Pougbtsepss. semi annual four per cent payable tho
let Of February The Bank Of Pshhil, ,emi snnus.
four per cent. pay able lat Of February
new counterfeit 80 note on the Tfertop n,,%,.v
Company was presented on Thar.day at n, bank.
In the engraving It besrs no re.erblapes 10 shs.
genuine, but the sisrstar.s Of tn. president and
cashier are tSd TO ~ Excellent limitations
The hsrtfors and New Haven Railroad Company
nave d'csrea m extra dridend Of nve per cent pay
able ON 70, Sd Of February. This makes afte.n peg
cent 10. the year IL will be seen by notice In an
OVER column, that this company will sell at auction
at the Merchants Exchange, on the 23d fn,t-Thurs-
day next two thousand bundled and for, y.-sysn
t2l4 shares of Its capital stosk ,ne hundred dol
lars each This amount Of stock will comprise tho
balance Of their capital stock not hitherto issued tn.
total number Of shares Of said capital being limited by
their charter TO twenty three thousand Eve hundred.
The stock offered ter sale will be entitled 20 the regular
femi annual dividend to be declared in March next.
The terms Of sale eash the day Of tals pre-
rrsd BY the purchaser tea per cent ca,h the DAY
Ct 'ae The balance payable at any time within fifteen
dsys thereafter ~th Interest at the rate ef seven per
cent per spnum.
At meeting 81 the steckboldsrs Of the CaasiRau
read compspy, ct New Haven, on "wednesday the pre-.
sent board Of directors elected The recount.
for the past lis months have been SO 0o1 which the
Tent paid By the Ne~ York road cad II Oh avsialas
or dividends aud the psymsn, Of debit. THE PRO.
pscts Of 'hs rod are Represented highly favorable s
pscisy OF 40 ocrstss offeighins business. FOR which
several lsrEs contracts have tly baon made The
board q directors gill declare dividend Of three PER
cent
According 20 work recently published 10 London,
there eefe ~ opsaion At the commencement of1slo
IN diGernt parts Of the globe total lsnrtn al ssse
niles % rsIsay on shich capital Of Gees ss5 oOo had
been sctUay expended. Betdes tbis IA 10 e.tinatsd
that there we're at the epoch IN prrgress 81 con-
wtucfion further extent 81 1880 miles the cost &c
which, When completed, would be fi4sf5o eco. Thus
shen the'c latter lines shall hafv been brought iute