The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-22
FINANCIAL AND coMMERclA
M U N e Y M A n * e =.

i
the bulk Of operations time buyers option New
Jersey Zinc fell of per cent; Morris Canal Parker
vein Coal Company u; New Crock Csa Company u;
Canton Company u; Harlem u; Long Island !; Hudson
River Railroad a; Norwich and Worcester 4; Reading
Railroad u. Erie Railroad advanced Z per cent; Nj.
agara u; Erie Bonds, 1871 u; Montgoner5 Mining Com
pany y. The movements in Long Island Of very
curious character The bottom OF that tub has actually
fallen out and Of the holders at high prices WI
probably go with It. There sale to-day at 49, seller
twelve months being IL per cent under tho cash price,
This elbows what some people think OF this stock We
have doubt it will prove good SALE and pay the seller
profit At the second board the market active and
the aggregate operations large The tendency OF prices
was, however downward and closed at decline Morris
Canal fell OF Il per cent Florence and Keyport n New
Jersey Zinc Al Montgomery Mining II Long Island V;
Harlem =; Delaware and Hudson Canal u; Erie Rail
road u. Parker Vein Cosl advanced Il per cent Til.
operations in State stocks and railroad bonds day
we're 80 limited ~ to be hardly worth noticing.
The receipts at tbs Office Of the Assistant Treasurer of
this port to-day, amounted to SOL 900; payments s
as T9-balance $31o2 222 81.
The mportaoRs into this port to- day (Dec 21 have
been follsws:-
Cofes-900 bags Drugs-52o cintars birthstone. Fish
.-Sl bbls herring sc boxes salmon. Frut-ls0 bags
hlDerts, 200 boxes almonds, $50 boxes lemons. Dry
goods-266 pigs per Qaees Victoria Hidss-16 COL.
HOrns-2 400 Potatoss-9 033 bushels. Rags-1s4 bales
eed.loo bags Canary. woel-lgl bales Wins-7N
ba ksts Wo0d-564 logs IA dos logs rosewood, IA logs
zebra wood, 148 bundles willow.
The receipts Of the Columbia and Philadelphia Railroad
for the fiscal year ending Nov So 1882 amounted to
1881 400 ST. sgant $2s272s 40 for the previous yeas
showing IN increase of S4s 78S G2.
The Boston and Providence Railroad Company bsve
declared dividend Of two and half per cent for the
months from July LIST December let The returns to
be made to the Legislature required to state the
affairs Of railroad corporations to the LIST OF December
and consequently the accounts made up to that
Th corporation have accordingly adopted the practice Of
making up their accounts the LIST Of June and l.s
December instead nf In J~y JANUARY - heretofore,
declare their dividend for I've instead Of six
months The net earnings for the Eve months ending
November 80 $os42s 81 the capital, s. 100 O0o
The Boston and Worcester Railroad Company have d.
cared half yearly dividend Of three and half per cent
the Cheshire road dividend Of two per cent Its pre-
fered stock payable Jan. i. This makes Ave per cent
for the year The Cochecc Manufacturing Company have
declared dividend Of $40 per shAre payable jan l.
The Baltimore and Ohio Railroad Company have deter.
mined to construct hundred miles Of double track
immedately-sixty between Baltimore and Cumberland,
and forty between Cumberland and Wheeling. One hun
dred thousand dollars Of additional locomotives and
have been ordered for the proper equipment Of the extern
sion To the expense Of these improvements there
will be new issue Of two and half millions dollars In
bonds Of the company This done To accommodate the
rapidly increasing coal trade OF the Cumberland coal con-
panies.
The House Of Representatives OF South Csroliaa has
passed bill chartsrng the Planters and Mechanics
Bank, the Commercial Bank and ths Union Bank also
bill incorporating eight banks, to w-The Peoples
Bank OF Charleston ST. 600 oO0 the Farmers and Me-
chanics Bank Of Charleston oOt 0o0 the Exchange
Bank Of Columbia $500 00o tbs Bank Of Sumter $780,
COO the Bank OF Anderson s2ooooo tho Bank Of Now
berry, $4,000; the Bank Of winsboro $2os 0co; the
Rank OF Chester, szeo coo.
AT meeting Of the stocki olders Of the st. Lawrence
Lead Mining Company, beld Monday, the 18th inst
. committee appointed to call upon the acting trus
tees for figures and vouchers Of the present
of the company, and make . report Ut the adjourned
meeting. committee also appointed to nomnats
board oftrustees directors in pAcs Of those
holding ever and report At thesams time That meet
ing adjourned to Monday Dec 80 Yesterday Afternoon
at four o'clock the adourssd meeting orsssized by
the election John Raski. sAAirmaa and Jshn Bss
nett secretary. The committee prsvsssH ssrsstsA to
report upon the financial condition Of the company did
net do 70 In detail but general statements
made showing that the finances Of the h
nost confused stats-thAt the trustees either knsr
nothing about the conpanys affairs, Or were not dis
posed to intern the somnittse-that item Of
indebtedness amounting 70 about tsA thousand
dollars existed beyond the aggregate previously
ported The sosclusisn arrived A. BY the commit
tee was by means favorable; and sush was the
impression conveyed TO the stockholders present.
Considerable feeling upen the subject manifested and
many favor Of sumnary ssctng the present IN
efficient beard Of trustees Office The debate upon
this question animated and exciting Before taking
vote 1t sugges that the committee mnatio1s
appointed At the previous meeting, make report The
chairman did 30 by presenting to the stockholders the
names Of Thomas Morton Iehn Stanton and john Wads
worth for trustees gentlemen entitled TO the entire
confidence Of the company and in every way calculated
by their position in the community and great experiences
in manufacturing mechanical and mining pursuits to cd
the bsst interests Of stockhode This report was
unanimously adopted, and . resolution, calling upon
the present board Of trustees to Immediately resign
carried without dissenting voice The meeting
quite large and than two thirds Of the whole
Der Of in the company represented There
appeared to be determination the part Of every stock
holder present to adopt such measures rs might be
deemed necessary to sxicate tbs Affairs OF the concern
from the difficulties and endorsements which haze
almost from the start existed.
1t has for loag time appeared nss extraordinary tina.
those interested stockholders the sc Lawrence Lead
Mining Company have quietly pus up with tbs missrs-
BILE OF the present board Of trustees they
had given tbs matter moments reflection they would
have that IL utterly impossible that result dir
fent from that realized could hare taken place Not
Of the thrse trustees In Office knows the ar thing
abost mining Ore IL lawyer one upholstcrsr and
the third has been, believe, amorohsat They have
had experience In mining, and 1t 70 strange that
they should have made many bunder have expended
much money without shoxing anything for IL have
saddied the company with such dob and
have almost bankupted the concern 1t Il that the
stockholders thould have suffered such Awae OF their
roperty and should have patiently put up with the g
pnorsDos and exrsvsgance exhibited By the trustees all