The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-22
M u " K Y NJ A Il X EFT.

hoNpAvi July 10 4. VI.
There Is nothing in tho stock market Quota
lions cure at the opening to day compared with th
ruling at the close Saturday, show decline Of
fraction in the leading fancies and oper ltions wor,
mtsd Operators In Wall street appear be pret;y,
equally divided in opinion respecting the future cours
Of prices hut the bear party does inclined t.
involve itself any deeper in contracts for delivery than
tho amount Of stocks in hand The bulls have nearly,
hlsd themselves up In contracts for resolving and
now waiting for matters ard things dovsopa thew
selves We cannot hook for any important movement
any for raj weeks but the chances are ,orp
In favor Of an advance In nearly all the leading fancie
and no unfavorable change takes place in the money
market there IL very little doubt but that peculye
excitement Of considerable consequence viii BE- realized
receipts at the Office Of the Assistant Treasurer Of
this port today amounted to Sl2s074 %; payments
sie31o 55 balance, Sls5G.535 &C. Three cen. piece.
will be ready for delivery the Custom House ON tho
22d int.
The steamship Pacific from Liverpool brings four day,
later intelligence from all parts Of Europe Politically
the news ia unmportant; commercially and financially
unfavorable All the markets for our staple product
were in Depressed condition. prices dropping and de-
mand limited. American securities were Ga sosJar,.
r'quest at previous quotations The money markets OF
Europe remain abou, the reported by the las
arrival The harvests we're likely to b. abundant.
In justice to Mr.. Conrey, Of New Orleans, who was
reported to have failed we publish tho annexed state
nents in relation to the matter II appears that tn
story that the failure of Messrs. Jao.cn 4 90 wa,
caused by the suspension Of Mr. Ooprey, had not IT,.
slightest foundation The following extract from ht-
ter fom Messrs Jaudon Co. 10 Mr. Conr,y places The
matter In its true light -
We have heen exceedingly vexel and distressed q
the i.msrks in the Tribune this morning in regard IL
the causes Of our difficulties We, Of course, In al
cases and at all tes ready 20 say ant 10 say thai
and
commodaiion. and that the paities ia default
and responsible to you for every thing 4 met In.nn
eb,ly fact IL is that we have so involved Won y
On the above the heV Orleans Baltl. says -" This
Is an un'qnivocal Sculpaton Of Mr. Uonreys being to
instrument or causc II Jaudonis failure the boot
fact IL on the ttbcr leg We have had opporsuuity
ofsno~ipg from an undoubted source, thai Mr. Con
rcy bu ,r.ss tranactiona have been strictly legitl-
mate bankiug business-that he has made no cotton
shipn ents fl ut eat the pat years and that
has never bad any cotton transactions with Jaon Co
We have thought IL 10 be our duty 20 correct tn
grave contained in the New York rport A. wi,
IN justice 70 New Orleans credit ~ In vindcaton OF
upright man and an entcrprisiug msrit1rious eilzrn
who by HE probiy ard ext ndfd business ~nnoct5s.
niiyn
The Rochester and Syracuse Railroal Cnsp.ny hsv-
declared semianr ua div dend Vi eve pr cent payable
on the LIST of August nsx stockholdF whose sto,k 10
registered In the city Of New York will resolve their
ment at the Bank Of the State Of New York. ia this city
The Hartford Providence and ri.hkn Railroad Com.
r"ny have declared stock dividend # i've per cent
The road has done good business durins the past year
and its receipts rapidly Increasing Tho earniogg
from freight and passrtc for May and juno this year
amounted to s2l35a TO- aganst SIS 2si ~ for tho
Responding period last year, showing iDcrrssg v.
seJos ts In two nlonths equal u about forty por een
The net earnings Of the rVd the past year w,re sOJ 90
Expenses, $50 600 The present year they will, ,nonh,
ediy reach $4,000 which will be ss per cent o, IN.
entire capital invested above all the ev,cnc. q, a.,
road The distance from wnlimsntic {, rroyidencs l.
about NIFTY three miles-twenty Of which are in Don
neeticut IL appears, them that this arraacen.o,
coses up the line Il the road that only about ,,
miles VIII remain unbult Of the line of about n, mil
from providence to Fishkil, which as s,on "a som-
p'eted VII not only connect with the great Eric and
Lake reed, running distance Of some 1000 miles
put auo with projected road from Fishkiu through
new jersey to the coal mipes Of Pennsvlvaniaa
PROJECT certain TO be accomplished No man viii, aarx
venture the assertion that this little space Of ,ixty
miles VIII be allowed TO remain open when he consider
the vast Interests at stake In connection with H. and
The inestinabe resources that eomplets connection
Wb open to this great central road The stock dividend
made on account Of the excess Of earnings Of the mast
YEAR The holder Of twenty shares has an addition OF
'ne share. The holder Of Eve shares may get as !,
transferable scrip
Inc receipts Of the Rochester and Syracuse Railroad
-ompany' Tor the month Of June, 1851, amounted
~ s9s3A %
i'P'huibS month IN ls0o,...s..s....... $1,000 90
Increase In June 1s51................. S1i2po %
This increase Is extraordinary when IL Is borne