The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-28

There was more activity In the stock marke. to-day,
and better feeling prevailed in the street Most Of tho
leading farcies improved fraction at the first board
and there decided indications Of speculative move
ment Of some Importance. Reading Railroad was tho
most active fancy the list and up half per cent
very strong party has taken the stock in hand and Il
will probably Pdyance in - face Of all opposition Ins
the road la vsss certainly favor Of the
Stock but by purchasing largely for cash. and getting
the bears short large amount, prices will, withol.
doubt, go up. Harlem and Long Island moving,
gradually upward, and any advance win be sustained.
We have great deal Of faith In both and somewha
surprised that they continue much deprecated Can
ton Co went up two per cent. The advance in Tho
stock Is doubtless in anticipation Of favorable report &C
the regular annual meeting the 9Th OF June proxmo
Farmers Loan continues quiet but quotations ere firm
and very little stock Is pressing upon the market Nor
RS i wsl sustained in view Of the consolidation II has
been impression tina, reduction in the number o.
shares Of stock would reduce the market prce but ",
have for believed that the actual value
of the stock would be injured In the After eonsol
dation, there may not be much speculation In tho
shares but the investment will be just as good and per
hsps better Erie Railroad stock and securities are duh
and heavy, and are likely to remain so for a time
The receipts at the Office Of the Assistant Treasurer
this port to-day amounted to sv6ln Is; paymentg
s34,s3l 57-balance, 81 2325ol "a
boston STOCK market ~ trm but rather Inactive
at present; the tendency Of prices however l. Onward
and the prevailing impression appears to Be that de-
eded advance viii be realized before the lapse OF many
weeks; particularly in those railroad stocks which arc
now selling much below the par OF this class are the
Central, Vermont and Massachusetts, Cheshire gdens-
brrgh Rutland, and Concord and Montreal.
The receipts Of the osdcnsburgh Railroad Company
the month Of April amounted to s27 096 Of which So
ga % fror. freight and s7I2 81 from passenger
mail Sc. The annual report Of the company has just
been published from which it appears that the total in
come for the year. ending April 90 1850 sa7 s57 70
Expenses during the same period........ lciso9 OF
Net earnings for the year. sIGJ5l7 IS
The capital stock Of the company consists Of q Gst
shares costing s27Gs4oo and the earnings, as given
above exhibit net result Of nearly per cent on tho
par value (s100 Of the shares After paying divide nd
amounting to - per share and making sundry expeu
dturcs properly chsrgeable TO construction account y
balance Of s6oo57 SO remains hand in the treasury
OF this the directors have set apart $4,000 eonn
gent or reserved fund to meet such liabilities as an
roads are exposed to- from fire other accidents and
the remainder will be required for new cars iron &c
and to make good the deterioration Of the road
since the organization Of the Planeld Railroad there
has been an important advance In the stock Of the Bos
ton and Providence Railroad Company 1t Is antelope,
ted that this road will have favorable effect or
ing to and from Providence
According to the report the Auditor Of the state
Maine the receipts and disbursements Of the treasury
Of that state for the past year annexed
FryASors OF MnSr-Rrvrsur AND Evfrvprrrn.s.
neceipts from all sources ~ .
Cash hand at Of last year l21Qa4 OF
Making total Of. ...................sssgfoo 4,
The disbursements for the same period have
peea'''''''''''''''''' '''..'..'''''.'''' oV'Ao
Balance in the treasury. $4,000 OF
The Treasurer Of the State estimates the expenditure
from May l. 1851, to January 1862 at s5i5o55 ST. and
the receipts into the treasury during the same term II
time at s56o3S9 81 which will leave balance Of S4j
2e3 10 In this estimate Of expenditures the amount o.
public debt which will become due, IL sl63 100 aIri
$4,000 for interest while in the receipts there includ
ed nothing except from the ordinary and certain
sources The public debt 5000 J0o payable in annual
sums up to 1850. The proceeds Of the public Lands
which are set apart to meet this debt will furnish ar
pie means for several years come If they not ever
tually, sufficient to extinguish the debt
The debt Of the city Milwaukee on tho 9th n March
1851, amounted to s72953 81 The Corporation has
levied tax Of three per cent the assessed valuation
Of real estate 23o000o) TO meet this indebtedness The
three per cent tax will raise the Of 1000 which
will nearly extineuIsh the debt.
Tho Vermont Valley Railroad IL on the eve Of connie
ton This important link in the upper railroad chair
will connect marlborough with Bellows Falls and af
ford all the northern lines facilities Of ntercommunica
ton with New York city The Rutland Cheshire, sulli
van, passumpsc, Northern Concord and Montreal cen
trail Canada ogdensburgh Vermont and Massachusetts,
and Connecticut river roads win thus DO woven into on
web upon the contamination Of the Vermont Vale,
Railroad
general meeting Of the stoc kholders and oanlioier
% the Chesapeake and Delaware Canal Company win b.
hsa IN Philadelphia on Monday next the second day
June At which time an election will be held for presi
d'nt and fourteen directors II Is also expected TN
something viii then Be learned Of the probable dsposi
ton u the surplus fund which II Is understood The
pany has on hand will have after the payment Of IN
kand' loan in july next From the recent rather sud
den rise IN the price Of stock It Is evident that somebod
expects dividend.
The majority a the committee appointed upon tho sub
yet ~ the Conneetisat Mouse " REPRESENTATIVE