The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-19

week. The receipts continue large. Some kinds are
however, scarce but the whole the market well sup
piled and good assortment be obtained without
much difficulty.
Petitions in circulation in Maryland, praying the
Legislature Of the State to repeal much of the law
passed at its late session. prohibits the banks Of the
States from issuing notes of less denomination than
dollars, after the first Of March next.
The charter of the Camden and Atlantic Railroad au
thorzes the company to construct railroad from the
city Of Camden New Jersey from point within
mile Of said city through the counties Of Camden
and Atlantic to the sea- at Absecom inlet in the
Inter county The company also authorized to
struct two branches from convenient points the main
road to the village Of Batsto, in Burlington county
the other to Mays Landing, in Atlantic county The
capital named is FIVE hundred thousand dollars with
liberty to increase 1t to and half millions The COM
pasy is also authorized to borrow money necessary for
the construction stocking of tho road at rate Of
terost not exceeding per cent per BY the
terms Of the charter tho road must be completed by the
LIST Of August, 1852.
The Dsuphin and Susquehanna Coal Company have
contracted, very favorable terms, for building and
completing the extension OF their present rarsad from
point at Cold Spring. their coal estate to Port Cn
ton the Philadelphia and Reading Railroad ct tots
cost OF lees than SIT 900 per mie including rails The
route passes through Fishing Creek Gap the populous
and thriving town Of Pine Grove the rich valley Of Bear
Creek and the town of Auburn distance Of thirty
miles with exceedingly favorable grades in the direction
Of the trade BY the terms Of the contracts this work Is
to be entirely completed ready to receive the locomo
tives and cars before the LIST OF July next Con-
tracts heavy Amerssn rails fol this road made
previous to tho late heavy advance In rails and the de-
liveries are to be made early next spring
Tho trade report of Du Fay & Co, Of the LIST OF No
vcnber gives the annexed statement relative 20 the
cent and prospective movements in the cotton market
At this time Of the year when cotton panics the
order Of the day and when look forward with great
anxiety TO every report from America respecting the
probability Of smaller larger crop Of the uportant
staple which regulates the trade Of this district
adverse news however trivial in its bearing upon the
msin point is eagerly caught at by spectators who
anxiousy look forward to such intelligence in order to
prices up by its influence irrespective OF every other
consideration The usual damages done to the crop By
rains and storms caterplars arc luckily
for specuIators duly announced few weeks ago; and
although recent accounts have been Of nature to allsy
the fears previously expressed about extensive 20
done the growing OF the season
and other points ingenously urged adduced In SUIT
and TO roll 1t to the markets Of the manufactured
articles. In respect We ad nit Spectators have
chosen their time we'll viz as regards the stocks OF
yarns and goods hand which whatever they may be
in distant quarters light in this market and conse-
quently easy to be managed and bought up. Simuta-
neous with adverse cotton reports from America rather
more favorable accounts were received from India and
China inducing purchases which, with the then pre-
silipg speculative impulse were extensive enough to
clear the market Of such yarns and goods were more
particularly adapted for the above quarters Every one
who knows market practically, Is aware how such
operations affect 1t In other respects The hone trade
buyers foreseeipg from the extensive operations going
or temporary rise Of prices, tndeavored to purchase
to contract at the lowest prices which nave
ruled lattesy; ard Liverpool never backward In being
excited, completed the work; and a. We SAID
before with the largest cotton ever had with the
largest the material In the hands OF spinners
ma M fact A
more generally produced more aunched on sea Of
SPECULATION To the matadors Of trade the wealthy ma
nuscturers who unite in and the same person the
Gotten SPECTATOR the manufacturer and the export
merchant and hold cotton here and goods abroadsuch
state OF things Is just what they desire because most
confcpant with their intcrcs They buy cotton az pro-
sent while they hold extensive stocks and will In All
probability 80 ON until the price has risen to dsneero1s
height when all at they will fall back upon thesr
stocks hand and higher prices In the Liverpool mar
kf inducing large and prompt shipments from the other
rsas. cause . Nssssa ~asa ls~st sxPsotsi,