New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-12
SATURDAY, July l0-P. NJ.

The Stock market was much depressed
to-day the whole market taking it's from the
extensive operations in Harlem made by leading ope.
rator This Stock gave way not more than / ~ cent
under the force Of the sales which reached
at both Boards 4sG0 shares The parties who sold
Harlem Stock freely have given the Company notice
that they will convert 100000 of the Albany Exensi)
Certificates into Stock which will be effected In time TO
secure toe dividend the Stock payable the lst of
August The interest on the Certificates paid
through the Company the lst inst, but 1t 10 generally
believed that the next half years interest will not be
paid, as the Company cannot do It, except the net earn
ipgs Of the Extension Road be sufficient to pay the
amount; hence the disposition to convert the Certid
Gates into Stock. The amount of Certificates Issued
o. 900, Of which half convertible Should
the nonpsyment of the interest the Certificates In
duce aconverson Of the whole million go convertible,
the Company will benehiromit as the Certificates bear
Up cent interest, while the Stock only psys4 These
operations In Harlem the last few days have clouded the
whole market Erie fell to 81 for the opening but rose
again in the afternoon to s734, the transaction. alto
gother amounting to 200 shares. At tue Second ard
an Improvement manifested Reading viii ,h fell
oil 4 in the morning, recovered It, the sales being 100
shsres Nicaragua was heavy and closed at decline OF
~ Dauphin Coal reced, d. but subsequently recovered
y cent NorthAmercan Trust again hiss fallen to a.
The great fluctuations has exhibited the las. few days
shows that netting Is really known about the expected
decision In the contested suit Canton was dull and
heavy. The cash sales price was 79lA and on time
sellers option 90 days, 79l3. NewJersey Zinc gave
way y, recovering Is. The Bond market was much
better sustained than the Stock market Erie Bonds
shghty improved. Virginia Skies also advanced 81
There were some Insignificant sales OF Southern Nichi
gan Stock at decline, but such small parcels of Stock
never oHpg the highest prices S3 500 United States
skies sold at y decline. Norwich aud Worcester was
hrm- When the excitement is over with regard 10 u.
lem, the causes OF which not generally under,oo,
and therefore affects the whole market reaction will
be Inevitable. WI
The steamer Pacific took only S457 900
In specie, viz American gold s435 900; English do
a4424 sterling The smallness of the amount serves 10
strengthen the money market Its abundance increases
The City Banks are making their returns,
and as far published show very extended line. Of
loans aid discounts WITH however corresponding In
crease Of deposits and specie.
The Foreign Exchange market was ac-
ave only as respects sterling Of sterling, however
mere was not much anxiety to sell by the leading
ofswers The sales were mostly at llOls, and some
uo'2 Commercial bills, ll03llO4, Frame. vars
hsy - sterling considered preferable remittance
commanding as IL does premiam there
IN Freights, the transactions are consia.
eiaoe we notice for the last two or three dsy. an.
ssseneh" 70 Liverpool Of $50 bxs Tobacco. IIs. %
hnas do' 10 5000 bbs Flour, ijalI; 1000 do, bv
Siiisa snip ON 100 Shocks, 6; Stores, rs; 600
Resin, 50 hhd'. Oh, Isl; 5000 bush. Wbe., o a.
and LOO bales Cotton. lis. To London. aoOOaa 5oo
bbis OH Cake l7l6 y tun, and li9 y bbl; $50 box,,
spermacetd, lilOia IS small hhds Tobacco, Isl %
do, 20i l4o bxs and kegs do, 2l603l 4so te. Rssf
3i343s; 50 tuns Furs 30i 800 bbls Resin 81. 6oOo
bash Wheat, 06, bsgged BY the ship; and 500 bbls
Flour, 49, British ship took cargo at u for Flour
and e5s2 for Grain. To Glasgow, 1000 bash. Wheat
es; End 1000 Dbl. Four on prvsss ssgmx 10 Ravrs,