The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-04-22
M q n L Y NJ A IL X r. II.


Erie Railroad stock takes the lead among the fances
far extent Of operations is concerned very largo
portion of the transactions time Erie securities
Of all kinds advancing with the market value Of the
stock Harlem Railroad steadily improving 1t closed
firm at our quotations Norwich and Worcester Is adj
vancing full rapidly anticipated 1t is cheap
stock present prices, and will debut show steady
increase In the Of dividend very small addition
to the monthly receipts this year, compared with las
will give dividend Of five per the par value
Reading Railroad is probably the weakest and most doubt
full railroad stock the list II up like
the mercury in Thermometer and holders know not
what day or an hour may bring forth day or tive
since 1t selling at sixtyone to-day 1T sells at fifty
nine tomorrow, IL may sell at fftyfye and next week
at fifty There has lately been considerable speculation
in this stock and the bears down with all their
strength Some time since stated that the Reading
Railroad Company made every kind Of a bargain for
the transportation Of coal from the mines that
the prices depended entirely upon the quantity
any wanted carried to market; that the pub
lshed tariff of charges not adhered to, ex-
cept with small dealers, who compelled to pay
full prices while the larger coal operators en-
joyed favorable terms and therefore able to
realize better profits in the markc-n fact fair profit
while the smaller dealers just make both ends meet
Thee statements have been fully confirmed, and tho
scbuylk Canal Company has, 1t Is reported, repuhaed
the combination formed 10 sustain prices this Is ruet
may look for long and desperate contest between
the two companies contest that will benefit all Glasses
but those interested in either company stockholders
The railroad company has, by this system II manage
mcnt secured a larger amount Of business than would
had adhered strictly TO the tariff Of charges made out
upon the opening Of the The pursued by
this company cannot be condemned in too strong terms
and the golfers should once take such measures
will secure to Themselves equal rights The canal
pany has, we believe, acted throughout in good fath
aud the probability Is that from this time out II will get
much larger share q the coal carrying buness tho
sohuykill region than has heretofore enjoyed Long
Island Railroad Is falling off, the daily transactions
only to limited extent aud the movement by
Of speculative character New Jersey Mining Company
Is in demand. Several hundred shares changed hands
to-day at advance previous prices large party
q capitalists visited the works q the company few
days since aud understand they much pleased
with the progress made Ia the manufacture Of nc paints
and other articles, from the The market or Read
ing Railroad and Erie improved at the second board;
Tut Il looked like energetic rally the part oi
the bulls, than natural improvement in prices
Tie receipts at the Office Of the Assistant Treasurer 81
this port to-day, amounted to S7s43 -; payments
S2g7C 22 C6-balance. s3O5s.46o "
II viii BE- seen. by notice Ia another column that the
bonds Of the Gacna aud Chicago Railroad Company or
rcnd have been much larger than anticipated The div-
dend On the hrt q May will not be loss than eight PEI
cent. u probably viii not be much morr a. = good
margin J. desirable TO be carried to the credit of income
account but for the prevalence the cholera last year
ard the low prices ruling for the crops Of that section
The earnings q the rad would have been much larger
Thia year hc prospect particularly favorable and the
probability j. that dividends equal TO those q any uthe
railroad in the country will hereafter be paid by hs
company. The earnings, in March, 1851, amounted G.
sl1-3 % against slog9 IS Tor the month IN $50
Increase this year, s0,529 Cs.
The Legislature Of Pennsylvania has paced al act n
conjunction with the passed w the Legislature EFT
Now Jersty to appoint receivers for the New Hope ana
Delaware Bridge Company.
The receipts q the Manifold and sandutlyy Railroad
Company for the year ending the Sst q December were
Sl107sO s. and the expenditures S5lCgq iG-leovin-
Tor net receipts s5aom 8 The receipts FIR the frs
quarter Til year s3o77 against 20 al ,r the samo
pth,d last year The cost = this Rad Gfysx miles
IN length fuily equipped including wharf property anl
eaI houses costing $1,000 i represented " stock 81
$4,000 and ltnds Il S1u2si0--total, flea $40 The
Mansfield and sandusty road have loascd t,s columbus
nd Lake Erie Read siAy miles long at eight per cent