The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-11


FRIDAY, JanuarYle-o M.
The stock market opened more buoy66t this morn.
ing, and tho transactions very extensive. All
the leading fancies active and buyers appeared
to be just much excited at any time this year.
At the first board Erie Railroad advanced per cent;
Farmers Loan, u; Morris Canal, u; Canton Com
psny, 2; Erie Railroad, Ia; Harlem Ia; Norwich and
Worcester, !; stsaington, l; Portsmouth Dry Dock,
u; Hudson River Railroad declined u per cent Long
Island, Il. At the second beard, Farmers Loan went
up per cent; Morris Canal, q; Harlem, a; Ports.
mouth Dry Dock a; stonington Railroad, fell of !!
per cent The market closed firm with an upward
tendency In prices Reading Railroad was quoted
to-day, dividend of Elk per cent of The decline was
not equal to the dividend There were large pur-
chasers, dividend or and it is the impression among
large holders that 1t will recover all the dividend
and sell in less than thirty days full high with d.
ydend There considerable activity to. day, in
Government and State stocks aud better prices were
realized. Portsmouth Dry Dock was in demand, and
the advance in prices considerable The sales Of
Morris Canal large, and went up from the open
ing Norwich and Worcester has recovered nearly all
the depreciation since the dividend Hudson River
Railroad fell off to-day, notwithstanding the general
rise in the market Erie Railroad has not been very
active during the past three four days and prices
are moved up with the greatest difficulty.
During the past me nth, Texas securities have been
very inactive. The message OF the Governor had
tendency to depress prices and the demand has since
been trifing Holders have put large lots the
ket, but there were no purchasers but the brokers
Treasury notes, which the State received twenty
FIVE cents tho dollar, selling at so to 40 per
cent. Eight per cent Treasury notes, on which the
State received twenty cents the dollar, ere selling
at s5 so per cent Ten per cent Treasury notes on
which the State received thirty cents the dollar
selling at so u b6 per cent. The market price of
these securities has been much higher than these quo
tations. The Governor, in his late message, recon-
mended the paymant Of only much as may have
been received into the Treasury Texas the time
the issue of the Treasury notes II the Legislature
carries out the Governors Recommendation, holders
will not realize the current market value of the diff
ferent classes Of notes.
Eight hundred thousand dollars of seven per cent
mortgage bonds of the Mad River and Lake Erie Rail-
road Company will be sold at auction at the Mer-
chants Exchange, on Tuesday, the 21st of January.
These bonds form portion of series of 81 600 to
be issued this company tor the purpose Of relayng
their track with heavy rail, and of paying OF the
floating debt of the company The bond, will be
cured by mortgage given to trustees, the entire
road with its equipments fixtures and appurtenance
subject to prior lien of $500 o0o
The bonds will be In sums of $1,000 EACH dated
the LIST February, 1851 and having ftees years
terest coup ons payable at the Bank of Commerce. in
New York, on the first days of February and August
IN each year, will be attached to each bond.
The receipts at the office of the Assistant Treasurer
Of port to day, amounted to S425,2S5 6I Pay
ments s707I9 81. Balance s2,47s,553 81.
The New Jersey Railroad Company have decl AIRED
semi. annual dividend Of five per cent.
The Trenton Banking Company have declared divi-
depd of one dollar and twenty cents each share.
The receipts of the Baltimore and Ohio railroad for
the month Of psce. Der, 1850, were as annexed -
BALInoRk AND oHIo RAILReAD.
For Passengrs For Freight
Main Stem .SLoiZc3 w $4,000 o.
Washington Branch. ..... 1890 ~ o,oss %
sa5,oo3 80 slo4s77 A
Making an aggregate Of S124 500 60 on the Main Stem,
and $40 800 20 on the Washington Branch-the total
being $3.50 $40 so.
The above comp ared with the corresponding mo nth
of last year, shows increase OF ss,s2i Is being
$3.50 40 the Main Stem and 81 20 70 on the Wash
ngtcn Branch.
Some of the principal articles transported into the
city, during the month, follows:-4s5ld bar.
isi" 81 a""- 900 $500 60 .nsi &c 500 hogs $50
sheep 493 horned cattle l5s horses aad mules 2so
tons of granite 797 tons OF iron lI3 tons Of resood
es5 barrels Of whskey OF tons OF grain, sc.
We learn that the Directors have reduced the price
for the tporaon of coal 20 cents per ton
Esilroad from Cumberland to Baltimore to take effect
in June next.
The amount OF tonnage transported on the Baltimore
and susquehanna railroad, .a,twardly, during the
month OF December, 1850, annexed
BaLrIMoRK AND susqurHav.A RAILROAD.
whole amount OF tonnage transportation
Whole amount Of tor mage transportation ''"'
Use. lo2s ll,y3a "
Increase over corresponding month last
T.