The New York herald., 1851-10-19

SATURDAY, October 1916 p NJ.
There great buoyancy In the stock market to day
All the ding ancies advanced fraction, and buyers
forward with considerable spirit better feeling
prevails among capitalists and great Improvement
has been realized in the money market 1t is our I'm
preston that this Improvement viii be permanent. 1t
IL well that the advance towards better times has been
gradusl-that confidence is slowly but steadily gaining
strength-as dependence can be placed upon the
favorable change and operations will be entered into
with more faith and satisfaction. The news from Cali
fcrns received by the steamship Illinois, Is favorable
and such the effect The receipts of gold dust
amounted to about two millions of dollars The proba-
bh.y Of this and future arrivals Of gold dust from Cali
prnia remaining in the country, has had greater and
better influence upon financial affairs generally
than anything else and few weeks will suffice to give
larger supply Of specie in Wall street than have
had for years All this must have its effect and it
not be otherwise than Of the most satisfactory character
There is really good time coming.
The steamship Franklin Havre to-day carried out
$279s25 in specie, follows American half dollars
$1tooco Mexican dollars, s64l60 five francs $71 2l4
mixed coin $44 551.
At the first board to. day Norwich and Worcester ad
vanced per cent New Jersey Zinc Co., u Harlem,
"a Erie Railroad, x Erie Bonds, convertible, X ;
Canton Co., IA. There greater demand for New
Jersey Zinc Co. than holders disposed supply
cept At considerable advance on current quotations
The mineral wealth and manufacturing OF this
company are certainly wonderful 1t has inexhaus
tibe supply Of the purst zinc known in the world
and the variety of purposes for which used make it
ore Of most valuable minerals discovered 1t
has millions Of tons of this material above water line
and it can be mined and marketed to compete
either in the manufactured state, in any Market
As eoon the affairs of this company become better
known, rather developed, the stock will
such prices here will astonish present holders
The commercial intelligence by the America at Boston
from Liverpool is unimportant. Trade ia Great Britain
in healthy sound state, and the money markets
easy. There is a want Of confidence in commercial cir
cs vhch hss tendency to keep prices for the leading
articles depressed and restrict operations
very materially. 1t the general impression in Eng
land that prices had receded sufficiently to make invest
perfectly safe. This is indicative of returning
confidence. Money abundant for all legitimate pur
poses and the alarm which existed among bill brokers
and capitalists steadily subsdDg Future accounts
from Great Britain will be more favorable.
Messrs. Thos. G. Marsh, of Perth Amboy, Cortandt
Parker, and Oliver 8 Halstead, Jr, Of Newark, have
been appointed receivers Of the Commercial Bank of
Perth Amboy. The injunction has been served and the
assets take by the receivers No full investigation Of the
affairs Of the bank has been made but it is the opinion
OF the officers and those best acquainted with the matter
that there assets than sufficient redeem the
to sacrifice their bills too suddenly If the bill holders
will have patience they will get nearly the full face of
the circulation.
The receipts Of the Boston and Providence Railroad
Company have materially increased within few months
past The earnings in September this year. rising
$40o being the largest receipts for September since
the road has been in operation. The stock Is better
worth par than 1t ninety three few months
since.
The annual meeting of the New Hampshire Central
Railroad Company held at Pis,Atsquog Thursday
and Friday Of last week. There very lengthy dis
the merits of the several plans proposed TO
relieve the corporation Of its and was
finally decided to make pro division of the deb
among the of the stock which will amount to S76
per share rs per cent upon each Individuals amount
CT stock legal process wri be taken with those who
refuse TO take their proportion Of the liabilities Bonds
will be Issued time for thoee who prefer them The
board Of directors reelected with the exception
Of Judge Stark, who declined and Mr. Stnson, of Dun
.ds