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Receivers have been appointed for the Citizens Bank of Nantucket. An election of Directors of the Erie Railroad will take place on the 13th of October next. The Hiwassee Railroad in Tennessee, which was stopped a few years since after a good portion of the work was completed, will, it is thought, be immediately finished. The sales at the Land Office in Milwaukee during the last month, included 27,991 acres, of which 480 were
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COMMERCIAL AND MONEY MATTERS. For Sales of Stocks. se. see Fourth Page SATURDAY, P. M. The Market for the fancies is still downward, although at the Second Board there was a little reaction. Considerable amount of the fancies have been and are being taken in moderate parcels by people outside of he street speculations, and by-and-by this will have its effect on prices. The street speculators find it easier to sell short than to buy, and they are generally sellers from day to day. and only buy to make their deliveries. This answers while the present morbid state of feeling exists. but as there is DO money panic or pressure, and are low, like favorable news or an abatement of the prices War quarter, anything Eeglish from troubles, the would cause a sudden advance of prices and cousequent check to this kind of jobbing. In Bills there is very little doing. The rates are nominally 9091 for Sterling 5.25@5.22 France. There is no considerable demand for Sterling, and the tendency of rates is downward. The French steamer will take a small amount of silver. Freights remain quiet at 6d and 18d for Grain, and Flour: 1 and 3-16 for Cotton. The packets are fillup slowly. To France there is but little offering. Cotton is taken at to The exports last week were small reaching only $196,654 The arrivals were 46 and clearances 35. Of the exports there were To Great Britain-168,635 lbs. Cheese: 11,608 do Clo. ver Seed: 154 tierces Beef: 1,495 bolo Rosin : 18,000 M Staves: 5.891 bbis Flour: 380 do Apples 25,082 bushels Corn; 2,019 bble Meal 327,358 lbs Lard 30,271 gallons Spirits Turpentine; 1,770 bales Cotton : 100,247 lbs Hams: 1,670 do Wax: 521 do Butter ; 3,468 bbis Turpentine. To France-1457 bales Cotton ; 500 bbls Rosin. The amount of goods imported and entered at the Custom-House at this port, exclusive of those sent to the warehouse and the amount of duties paid during the week ending on the 221 inst. compared with the same period last year, were as follows: : 1847. Increase. Decrease. 1846. 119,040 16,395 $135,435 Free goods 807,408 127.189 680,219 Datiable goods 823.803 8.149 Total merchandise $815,654 73.881 53,371 20,153 Specie 189,738 232,390 42.652 Cash received The American Exchange Bank has declared a dividend of 31 per cent. for the last six months. The Bank of Cape Fear (N.C.) & dividend of 3 per cent. for the last six months. The receivers of the Citizens' Bank of Nantucket have announced a dividend of 25 per cent. of the capi. stock, payable to the stockholders. The amount entered at the Boston Custom-House, from the Cambria, is only $21,482 The receipts for the week ending Oct. 16 on the Old Colony Railroad were: Passengers $2,612 17; Freight $1,011 46-Total $3,623 63: Increase $1,157 88. The Directors of the Galena & Chicago Railroad acknowledge subscriptions to the amount of $250,000. When the subscriptions shall amount to $400,000, ope f rations will be commenced. The following is a comparative statement of the business on the Philadelphia & Reading Railroad for the month of September, 1845, 1846 and 1847
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MONEY MARKET. Monday, Oct. 25.6 P. M The stock market opened a little more buoyant this morning, and prices, in several instances, improved a fraction. At the first board, Reading Bonds went up 1/4 per cent.; Farmer's Loan, 1/; Canton, 1/6; Harlem, 1/4; Long Island, 1/4; Reading R. R., % Treasury Notes, Kentucky 6's, Illinois 6's, Indiana 5's, Pennsylvania 5's, and Norwich and Worcester, closed at prices current on Saturday. The transactions were, to some extent principally for cash. The Eagle Fire Insurance Company have declared a dividend of five per cent., payable on the 1st of November. The receivers of the Citizens' Bank of Nantucket, announced a dividend of twenty-five per cent. of the capital stock, payable to the stockholders. At a meeting of the stockholders of the Harlem R. R. Co., held at the Astor House, a committee was appointed, consisting of J. H. Dykers, Jacob Little, D. S. Miller, Ham. Schuyler, and Jean. Sturges, to devise a feasible plan for extricating the company from its present'embarrassments, and to report the same to the stockholders on Thursday evening next. The shipment of agricultural products during the past week has been larger than usual, particularly to Great Britain. The aggregate shipments for the week were 13,178 bbls. flour, 300 bbls. rye flour, 20,982 bushels corn, 5,400 bbls. corn meal. Of which there were sent to Great Britain 5,891 bbls. flour, 25,082 bushels corn, and 2,019 bbls. meal. This looks like making shipments to some extent before the close of the season. It shows such a great increase on previous weeks, that we are induced to believe that the state of prices in the English markets, when the Cambria left Liverpool, was such as to warrant these shipments. In the event of higher prices ruling on the other side than those last reported, we shall see considerable activity in shipments, unless in the meantime prices in our domestic markets advance beyond those ruling in Liverpool, placing it out of the question to make shipments profitable. Prices here are at present too high to send anything forward for immediate "sales, and pay a profit. There is no prospect of any decline in this market, and the only hope is an advance on the other side. The report of the canal board on the reference from the Assembly of memorials for the enlargement of the Erie canal and basins, connected therewith at Buffalo, has just been made favorable to the prayer of the petitioners. The members of the board having examined the several propositions made by the common council and citizens of Buffalo, for the enlargement of the harbor and of the Erie canal, with a view of increasing the facilities for the transhipment of property between the lake and canal navigation, were unanimously of the opinion that it was necessary and proper for the State to make appropriations for the following objects, and to the extent indicated:1. Tc complete the Main and Hamburgh street canal, of the width and depth, and with the bridges contemplated in the original plan of the State engineer; and to construct a bridge so as to continue the tow-path from the Erie canal along the Hamburgh and Clark and Skinner canals. "2. To excavate a slip on the land set apart by the Common Council for the purpose, from the Main and Hamburgh street canal, to connect with Buffalo harbor at Dead creek; and at or near the point or intersection with Buffalo Creek, to excavate a basin on land to be provided by the C immon Council, covering an area of ten acres, and of sufficient depth to accommodate lake vessels; or, if satisfactory arrangements can be made for it, to excavate the basin at the termination of the Clark and Skinner canal, instead of Dead creek. 3. To connect the Erie canal by a ship canal, with Buffalo creek, near its mouth, and on the site of the ship canal laid down on the map furnished by the Common Council. The ship canal or basin, to be half a mile in length, 300 feet in width, and of sufficient depth to accommodate lake vessels. The connection to be by slips from the Erie canal to the basin. The land for the ship canal, it is expected, will be furnished by the Comnon Council. The aggregate cost of making the improvements referred to, according to the estimates of the resident engineer, is $310,846 79; but an appropriation of only $150,000 is recommended for the surplus of the present fiscal year, as that sum will be sufficient to prosecute the work, until the residue of the sum required can be realized from the surplus revenues of 1848. The rapid increase of trade at the western termination of the Erie canal, clearly shows that all the facilities now proposed by the Canal Board, will be necessary toaccommodate that trade. The amount of tolls collected at Buffalo for the last eleven seasons of navigation is as follows:Taue P