The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-02-14
SEY ARK EFT.

THURSDAY, Feb. l3-6P.M.
There was better feeling in the stock market &c.
Cay anda general In pri.es vas realized
Attic hrst board Erie Income Bonds advanced J. per
cent Hudson River second Bonds al Eorwich and
Worcester III Bennington III; Farmers Loan, X,
Morris Canal, "a Portsmouth Dry Dock, j; Edge.
worth Company, ~ Long Island, 4; Reading Rail.
road y; Erie Railroad Il; Harlem, x. A large por-
ton OF the transactions for cG,h and the bears
have evidently been Induced to enter the market
buyers appr.hsnsive OF more decided Improvement
than that already realized 1t appears by the quota
tions, to dsJ, that Norwich and Harlem are rapidly
moving upward. They are, without doubt the most
promising railroad stocks the list aud there Is q
vide margin for an improvement in each. The psos-
poets Of each company OF the most catering cha
rGcter Norwich already pays Eve per cent per an
mum on the par vslut, and Harlem four per cent or,
the par vsueequal in the former to more than seven
per cent ON the invettment at present prices
snd In the latter TO Fix per cent on the In
ve,tmsnt at present prices Either Of these stosks
will Ray well, not only 10 Dividends but In rise in
market value, and the probability H. that the present
year there will be great increase In the Dividends
from the net earnings this year. The Harlem Raj
read Company have made several i'm portaut improve
ments In the road during IN. past year aud more are
In contemplation. The substitution Of the heavy rail
on the city track ha, alrs ady added largely to the
city traffic and the extension Of the line TO the o.sr
corner Of the Park will , further Increase the In
come from city travel 1t I. our impression that
these improvements In the city line will add to the
gross earnings for the 1851 a. least fifty thousand
dollars while the Increased trsc the rest OF the
road viii give further increase Of fny thousand
dollsrs, making an aggregate Of one hsndfed thou
rand dollars Tits will swell the gross earnings to sir
hundred thousand collars. and the net earnings TO,
say three hundred thousand dollars. which will pay
toe eight per cent preferred stock interest or
debt and six per cent the par value OF tbs old
stock, equal to nine per rent on present market
value. THIS induces to believe that there IL q
margin Of from ten TO hften per cent for a rise In
the market value Of the stock The earnings Of this
road for January 1851 show increase OF nearly ten
thou,and dollars thsse for the corresponding month
in 1850 without including any Of the receipts this
company is entitled 20 from the transportation of
freight In connection with the New tIavsn roai
At the second board Harlem vent up one per cent:
Farm,rs' Loan, ~ Residing Railroad l. Norwi,h and
Worcester, X; Morris Canal Port.m Juth Dry Dock
4; EJgeworth, u; Erie Railroad, l. The market vas
quite active aud closed firm The buli. spp,ar 10 be
sgsin In the ssceudsucy nd have already recovered
portien Of the derreestion The spirit OF spscula-
ton IL not dead, but s'eepcth when aroused We ex-
ptct see the isncies make very rapid move upward
Port'mouth and Edseworth advanced Iars. psr cent
to day and those who held on or purchased during
the Depression will make handsome prost even a.
prssent prices
The receipts at the oce Of the Assistant Treasurer
Of this port today amounted to $50 las 60 payments
1855 tt4 bslspee. s4.4oe33s U.s.
The quantity q certain articles exported from thi.
port for the week ending the Iish instant showing