The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-10-07
HON 4 Y N A II X K +.


There was general improvement in the stock market
to-day. There appears to be confidence among
holders Of stocks In the future and there not that
sire to sell that have observed for time past
At the first board to-day, Reading Railroad advanced 4
per cent; Canton Company, Ia; Harlem Railroad, ~
Erie Railroad 1; Long Island Railroad, q; Stonngton
-; Norwich and Worcester Railroad, y. very lars,
portion Of the business to-day time buyers op
tion Harlem was particularly actve and there Is ev
IDENTIFY party Of purchasers in the market disposed
take large quantities Of this stock This shows thei
good sense and the probability Is they will make
thing handsome out of 1t. Railroad bonds more
demand than they have been for time past, and
prices improving.
The receipts the Office of the Assistant Treasurer Of
this port to day amounted to seseos FL; payments
$114,lGo s3;-baance, s3,7ol. 624 81.
The earnings Of the Norwich and Worcester Railroad
Company, during the month Of September 1851 amount
ed to s2s76 IL against s2so5 IS for the correspond
ing month in 1850. Increase, $3,t70 o.
The Charles River and Cambridge banks have each
declared semsnnusl dividend Of per cent payable
on Monday next The banks in Haverhill will pay the
following semi.annuai dividends Haverhn Bank, per
cent Merrimsc Bank, per cent Union Bank, per
cent.
The Whaling Insurance Co. Of New Bedford, have de-
csred dividend Of twenty per cent payable the eth
instant
dividend Of FIVE per cent payable on demand.
The New England Ice Company and Quanapowitt Rail-
roai Company have declared semi annual dividend Of
ten per cent on their capital stock.
The Philadelphia, Germantown and Norristown Rail
road Company have made dividend Of per cent, pay
able On demand.
The Commsn Council Of Brooklyn has, by It's recent
action prohibiting the Of the Long Island
Railroad within the limits Of the city inflicted very great
81 -
The course pursued by the Corporation will prove If adj
hesed TO, moot suicidal but /, is than might
have been expected from set Of politicians. They gene
rally are the most minded class Of people have
among u.s. aud their policy is frequently ru,nous to the
mos. important interest u-usted &c them. The railroad
company have merely acted In se defence in this bu
ness and the President would be much blamed IL he fall
tered instant IN his determination 10 carry its
fullest extent the law construed by Of the wise
heads Of courts Let the consequences fall where
they deserved upon the Common Council Of Brook
yn We understand that meetings have been held along
the line Of the road throughout is entire length
demning the action Of the Council and the ex-
citement Is daily increasing The Railroad Company
stop it, trains at jamaica and lines Of stages have bee
formed, connecting with Williamsburg aud Brooklyn
This partially accommodates passengers, but the trans
portation Of freight entirely suspended The
the opposition Ct the Common Council Of Brooky to the
Lorg Island Railroad Company can Be traced to pro.
perty holders in the vicinity Of the companys depot in
Atlantic street Every facility for reaching the interior
If the Island suburbs Of the city Is opposed By these
narrow minded indviiuas with the hope Of benehtins
sfew blocks Of houses stores the ferry and they
possess influence enough IL appears, with the Corpora
tion TO induce that body TO prohibit the of ocomo
tves in the city to the injury Of FIVE hundred times
much property Is represented by the opposing cau,
Of citizens In South Brooklyn The only way to avoid
any collision with such people, k to abandon the road
this side Of Jamaica, and construct branch from VIII
lismsbug The lease Of the Jamaica Company must bs
null and void by these proceedings Of the Common Coun
ell Of Brooklyn and there Is, therefore, nothing to pre-
vent an abandonment Of the line altogether The people
Of Williamsburg will afford every facility Tor connecting
with Jamaica, and in few years ferry across East
river to that point viii be more in the centre Of business
than that to south Brooklyn.
The annexed statement exhibits the receipts Of the
New York and Harlem Rsilrosd Company, in each Of
the fret nine months Of the past four years