The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-14

MONDAY Jan. 13--6P IL
There not much change In the stock market to-
day more moderate business was transacted
than have noticed for time past At the first
board Harlem fell of 4 per cent; Morris Canal, v:
Portsmouth Dry Dock Il; Canton Co, x; Erie Rail-,
read, u stonineton Railroad advanced * par cent:
Reading Railroad, z Rochester and Syracuse Y.
Hudson River Railroad. y We learn that there,
Is some doubt relative to the payment OF a d.
vidend by the aIem Railroad Company, tho LIST OF
February next The increase of the debt of the com
pAny, during the nine months ending September $780,
more than the amount paid in dividends the.
old stock last year which looks very much though
the net earnings had been much less than ported
The dividends the old stock last year four
cent amounting about ninety thousand dollars In
the face of such increase in the floating debt at the
company, the policy OF paying dividends may wen be
questioned 1t is stated that there viii be considerable
opposition at the meeting OF stockholters OF the
Reading Railroad Company-to be held In PHI
lsdelphia tomorrow Tuesday, 18th instant to thS
report of the Board Of Directors. Many largo
stockholders dissatisfied with the dividend
Of six per cent, and will insist upon dividend Of
seven per cent. They say that the company have
earned nine per cent and that reserve Of two per
cent Is enough for all contingencies The report wili
probably be accepted with the six per cent dividend.
When We see what the report says, we can tell moro
about the operations OF the past aud ths condi
tion Of the COM any at the close. We have new
feature to notice in any other of the leading fnces
Spectators must have considerable TO purchsse
at present prices and the class buyers entering
the market appears to be entirely different that
which has been operating for rise for time past
The brokers evidently anxious to got rid of all Of
the fancies they have hand but their obsc. is to
do 70 without alarming those who have any dsposi-
ton to purchase.
At the second board, Harlem declined 4 per cent;
Morris Canal, d; Farmers Loan, al Canton Com
pany, "a; Portsmogth Dry Dock "a; Reading Rail-
road, Il; Erie Income Bonds advanced - per cent.
The market closed weak, with down ward tendency
Current prices sustained with the greatest diff
Guilty, and there decided indications OF steasS
decline in most of the leading fancies
Henry G. stebbins, Esq Of the firm of Jaudon Co.,
elected to. day President of the New York stock
and Exchange Board, vice D. G. Clarkson, Esq,
signed.
The receipts at the Office of the Assistant Treasurer
of this port to-day amount to sloa lo4 e4 payments
$a3,372 74-bslance, So 72s GA Sc.
The amount Of United States stock Issued to TO-
regpers. from the LIT to the 18th of January, was
S39s.6t7 05.
The Comptroller of this city has given notice that
the Fire Loan of $500 oco rsdeemable the 10th Of
January (Thurfday), will be paid on that day.
The shipments sfipsce last week were small. Tho
expectation amounted to 44e Total this year, to
llth inst ,S3I7 ACT.
The total receipts of the York and Cumber Rail-
road Com pany from oil sources have been S52il7 81
and the expenditures like amount The amount re.
quired to complete the road is at $16l 500
and the available composed of bonds authorised
to be issued and stock subscriptions still due, &c.,
amount to $l71 900, which would leave balance to
meet any contingency that may arise OF S947e 1t 10
expected that the road will be open for travel tho
first of February.
We have examined with attention the condition OF
The Dauphn and su.quehsnna Coal Company, an in
stitution under the management Of the Hon Sa-
mael Ruggles assisted by some of our most careful
merchants 1t appears that the company commence
active mining in the spring. free debt of every
kind with prospects EQUAL to any organized In the
United States promising coal OF every sradstion and
quality. With solid Improvements ia the shape Of
planes and railroads. extensive home market for the
sale of their fuel in the valley of the Suqushauua H
offers the best inducements for capital and may be
considered of the safest investments of any entes
prise in the country.
Illinois Internal Improvement stock sells at o3J.
while Illinois and Michigan Canal Registered Bona.
Sell at 90. The Canal Bonds pay the same s-m,
interest ast the internal improvement stock anu have
the additional advantage security OF the canal ana
canal lands and consequently intrnscally worth
ten per cent more than the Internal I'm provement
stock. The difference Of price may be owing to tho
Internal improvement stock being mostly dealt In by
the brokers. The Canal Bonds held by capitalists
The State 10 alike held upon each
The annexed statems ut exhibits the recept, and er
petdituIes Of the treasury Of Pennsyvanie for the
year ending November Goth 1850 and the estimate az
ieeeip ana expenditures for the year ending Novem-
Der 30, 1851 -
fs.scrs OF PrsssrLvANn : Revenue AND E1rrSDr.